ENVESTNET,INC. (NYSE:ENV) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
As previously reported in the Original Form8-K, in a non-binding advisory vote on the frequency of future Say-on-Pay votes held at the 2017 Annual Meeting, shareholders voted for their preferred frequency of future Say-on-Pay votes as follows:
|
OneYear
|
TwoYears
|
ThreeYears
|
SharesAbstain
|
BrokerNon-Votes
|
|
38,446,461
|
34,281
|
713,050
|
115,772
|
3,200,213
|
In consideration of the results of the advisory vote on the frequency ofSay-on-Payvotes, the Company’s Board of Directors determined that the Company will continue to hold an advisorySay-on-Payvote annually. The Company’s Board of Directors will reevaluate this determination after the next stockholder advisory vote on the frequency ofSay-on-Payvotes.
About ENVESTNET,INC. (NYSE:ENV)
Envestnet, Inc. is a provider of financial and wealth management technology and services to financial advisors, investors and financial service providers. The Company’s segments are Envestnet and Envestnet/Yodlee. Its Envestnet segment provides unified wealth management software and services empowering financial advisors and institutions. Its Envestnet/Yodlee segment is a data aggregation and data analytics platform. Its services and related technology are provided through Envestnet’s wealth management software, Envestnet/PMC, Envestnet/Tamarac, Vantage Reporting Solution, Envestnet/WMS, Envestnet/Placemark, Envestnet/Retirement Solutions, Envestnet/Yodlee and Envestnet/Finance Logix. It operates approximately five Registered Investment Advisors (RIAs) and a registered broker-dealer. Its centrally-hosted technology platform services include risk assessment and selection of investment strategies and solutions, asset allocation models, and research and due diligence.
