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Envestnet Appoints John Hofmann as Chief Financial Officer

On August 18, 2025, Envestnet, Inc., a leader in wealth management technology, announced that John Hofmann will step in as Chief Financial Officer (CFO) effective September 1, 2025. This decision comes at a pivotal time as Envestnet seeks to solidify its position within the competitive landscape of wealth management solutions. Hofmann will oversee the company's finance, mergers & acquisitions, and transformation functions, bringing a wealth of experience in the software industry and financial leadership.

A Background of Expertise

John Hofmann is no stranger to the realm of finance and tech. With more than 25 years of experience, he has demonstrated a remarkable ability to navigate complex financial waters. Previously, he served as CFO for athenahealth, a prominent healthcare software firm, where he led significant operational transformation exercises within the finance organization. His tenure in various CFO roles, including positions at Omnitracs and Infogroup, underscores his proficiency in the software and healthcare technology sectors.

As Hofmann steps into this role, he replaces Josh Warren, who has been instrumental in the financial stabilization and growth of Envestnet since joining the company in 2023. Under Warren’s leadership, the company underwent critical transitions, including a successful debt repricing and the pivotal Bain Capital take-private transaction. Hofmann’s appointment highlights Envestnet's focus on strategic growth and transformation as it continues to lead the wealth management technology space.

Comments from Leadership

Chris Todd, CEO of Envestnet, expressed his enthusiasm about Hofmann's appointment, stating, "With approximately $7 trillion in assets, and best-in-class technology used by one-third of U.S. wealth advisors, Envestnet is well positioned to extend its leadership position in the industry. John has a proven ability for turning opportunity into growth and building operational strength as organizations scale.” Todd believes Hofmann's diverse experience will be invaluable as Envestnet embarks on its next growth chapter.

Hofmann echoed Todd’s sentiments, stating, "I am honored to join Chris and the entire Envestnet team during this exciting period of growth and transformation for the Company. Envestnet has established itself as a leading player in the wealth management technology industry. I look forward to working closely with Envestnet's team, customers, and partners to build on this legacy of delivering innovative software and solutions to wealth advisors and their clients." His confidence in Envestnet's vision signals that he is ready to tackle the challenges and opportunities that lie ahead.

A Promising Future for Envestnet

As the wealth management industry continues to evolve, the integration of advanced technology and strategic financial leadership becomes ever more critical. Envestnet has positioned itself as a trusted name in the industry, thanks to its commitment to empowering financial advisors through innovative solutions and insights. With Hofmann at the helm of finance, the company is set to navigate future challenges effectively while maintaining the highest standards of financial discipline and operational excellence.

Hofmann holds a Bachelor of Arts degree from the University of Pennsylvania and an MBA from Harvard Business School, equipping him with a robust academic foundation to lead Envestnet’s financial strategies. As he embarks on this new journey, the focus remains on enhancing the services offered to advisors and their clients, illustrating the direction that Envestnet aims to take under his financial leadership.

In summary, the appointment of John Hofmann as CFO marks a significant step for Envestnet, promising an exciting phase of innovation, growth, and enhanced support for wealth advisors across the nation.