POWER OF ATTORNEY

        Know all by these presents, that the undersigned hereby constitutes and
appoints each of Shelly O'Brien, Patrick Marr and Christine Damask, and with
full power of substitution, the undersigned's true and lawful attorney-in-fact
to:

                (1) prepare, execute in the undersigned's name and on the
        undersigned's behalf, and submit to the U.S. Securities and Exchange
        Commission (the "SEC") a Form ID, including amendments thereto, and any
        other documents necessary or appropriate to obtain codes and passwords
        enabling the undersigned to make electronic filings with the SEC of
        reports required by Section 16(a) of the Securities Exchange Act of 1934
        (the "Exchange Act") or any rule or regulation of the SEC;

                (2) execute for and on behalf of the undersigned, in the
        undersigned's capacity as an officer and/or director of Envestnet, Inc.
        (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of
        the Exchange Act and the rules thereunder;

                (3) do and perform any and all acts for and on behalf of the
        undersigned which may be necessary or desirable to complete and execute
        any such Form 3, 4, or 5, complete and execute any amendment or
        amendments thereto, and timely file such form with the SEC and any stock
        exchange or similar authority; and

                (4) take any other action of any type whatsoever in connection
        with the foregoing which, in the opinion of such attorney-in-fact, may
        be of benefit to, in the best interest of, or legally required by, the
        undersigned, it being understood that the documents executed by such
        attorney-in-fact on behalf of the undersigned pursuant to this Power of
        Attorney shall be in such form and shall contain such terms and
        conditions as such attorney-in-fact may approve in such
        attorney-in-fact's discretion.

        The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Exchange Act.

        This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

        IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 26 day of July , 2010.

                              By: GRP II Partners, L.P., a Delaware limited
                                  partnership
                              By: GRPVC, L.P., a Delaware limited partnership,
                                  its General Partner
                              By: GRP Management Services Corp., a Delaware
                                  corporation, its General Partner

                              /s/ Dana Kibler
                              -----------------------------------
                              Name: Dana Kibler
                              Title: Chief Financial Officer