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

Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

Intangible Assets

6 Months Ended

Jun. 30, 2013

Intangible Assets

Intangible Assets

6. Intangible Assets

Intangible assets consist of the following:

				June 30, 2013									December 31, 2012
				Gross						Net			Gross						Net
				Carrying			Accumulated			Carrying			Carrying			Accumulated			Carrying
		Useful Life		Amount			Amortization			Amount			Amount			Amortization			Amount

Customer list		4 - 12 years		$	28,103		$	(11,125	)	16,978			$	28,103		$	(8,720	)	$	19,383
Proprietary technology		5 - 8 years		6,580			(1,182		)	5,398			6,580			(657		)	5,923
Trade names		5 years		2,090			(468		)	1,622			2,090			(246		)	1,844
Total intangible assets				$	36,773		$	(12,775	)	$	23,998		$	36,773		$	(9,623	)	$	27,150

Amortization expense was as follows:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2013			2012			2013			2012

Amortization expense		$	1,568		$	1,624		$	3,152		$	2,603

The entire disclosure for all or part of the information related to intangible assets.

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