Annual report pursuant to Section 13 and 15(d)

Accounts Payable, Accrued Expenses??and Other Current Liabilities (Tables)

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Accounts Payable, Accrued Expenses and Other Current Liabilities (Tables)
 12 Months Ended
Dec. 31, 2023
Payables and Accruals [Abstract]  
Schedule of Accounts Payable, Accrued Expenses and Other Current Liabilities
Accounts payable, accrued expenses and other current liabilities consisted of the following:

  December 31,
  2023 2022
(in thousands)
Accrued investment manager fees $ 106,612  $ 99,851 
Accrued compensation and related taxes 72,466  77,939 
Accounts payable 35,738  11,271 
Accrued professional services 14,289  10,762 
Accrued technology 4,151  6,393 
Accrued interest 2,473  3,091 
Accrued treasury stock purchases —  9,289 
Other accrued expenses 5,695  15,270 
Total accrued expenses and other current liabilities $ 241,424  $ 233,866 
Schedule of Restructuring and Related Costs
The following table presents a reconciliation of the beginning and ending liability balance related to these efforts, which is primarily included within accrued compensation and related taxes in the table above.

  Envestnet Wealth Solutions Envestnet Data & Analytics Nonsegment Total
(in thousands)
Balance as of December 31, 2021 $ 4,670  $ 810  $ —  $ 5,480 
Severance 13,237  10,745  6,135  30,117 
Cash payments (5,325) (8,769) (6,135) (20,229)
Balance as of December 31, 2022 12,582  2,786  —  15,368 
Severance 17,232  11,813  6,354  35,399 
Cash payments (20,021) (14,113) (6,354) (40,488)
Balance as of December 31, 2023 $ 9,793  $ 486  $ —  $ 10,279