Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets

Schedule of changes in the carrying amount of the Company's goodwill

Balance at December 31, 2013		$	74,335
ERS formation		532
Klein acquisition		3,051
Balance at September 30, 2014		$	77,918

Schedule of components of intangible assets

				September 30, 2014									December 31, 2013
				Gross						Net			Gross						Net
				Carrying			Accumulated			Carrying			Carrying			Accumulated			Carrying
		Useful Life		Amount			Amortization			Amount			Amount			Amortization			Amount

Customer lists		4 - 12 years		$	44,503		$	(19,206	)	$	25,297		$	42,103		$	(14,593	)	$	27,510
Proprietary technologies		1.5 - 8 years		10,978			(5,113		)	5,865			9,580			(2,792		)	6,788
Trade names		5 years		2,090			(1,042		)	1,048			2,090			(690		)	1,400
Total intangible assets				$	57,571		$	(25,361	)	$	32,210		$	53,773		$	(18,075	)	$	35,698

Schedule of amortization expense

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2014			2013			2014			2013

Amortization expense		$	2,288		$	2,650		$	7,286		$	5,802