Good morning, everyone. Welcome to the Envestnet Incorporated 2024 annual shareholders meeting. Should you wish to submit a question during the meeting, please click on the messaging icon at the top left side of your screen. Type your question into the text box, then click the send icon at the right of that text box. Please note that in interest of all shareholders, we will only address those questions that are pertinent to the business of the meeting. At this time, I would like to introduce Mr. James Fox, Chair of the Envestnet Board and Interim Chief Executive Officer, to commence the meeting. Thank you, and good morning, everyone. It is my pleasure, on behalf of the Board of Directors and Officers of Envestnet, to extend to you a welcome and a thank you for attending our annual shareholders meeting. We've already supplied each shareholder with a copy of our proxy statement and annual report. We have also made proxy materials available through a filing with the Securities and Exchange Commission. The business of this meeting is to, one, elect two directors to hold office until the 2025 annual shareholders meeting. Two, to approve, on an advisory basis, the 2023 executive compensation. Three, to ratify the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. Fourth, to approve Envestnet, Inc 2024 Long-Term Incentive Plan, and finally, fifth, to approve an amendment to Envestnet's fifth amended and restated certificate of incorporation to allow for exculpation of certain officers as permitted pursuant to recent amendments to Delaware law. I would now like to introduce our Chief Legal Officer, General Counsel, and Corporate Secretary, Shelly O'Brien. Shelly, has notice of this meeting been sent to all shareholders entitled to vote at this meeting? Yes, I have a signed affidavit from our transfer agent, Equiniti Trust Company, stating that the notice has been provided to each shareholder of record as required under the bylaws. In addition, resolutions were adopted by the board of directors of Envestnet, providing for the meeting to be held at this time and place and directing that notice be given as provided in the bylaws. March 12th, 2024, was fixed as the record date for determining persons entitled to notice of and to vote at this meeting. Finally, the alphabetical list of the shareholders of record as of March 12th, 2024, who are entitled to vote, showing their respective name and the number of shares held by each, is available at this meeting for inspection by shareholders. Thank you, Shelly. Please file a copy of the notice, together with the excerpts of, from the board meeting, setting the time and place of this meeting, and the affidavit as to the mailing of notice for this meeting with the minutes of this meeting. Mr. Barry Rosenthal of Equiniti Trust Company has also been appointed Inspector of Election. Mr. Rosenthal, will you please present your report of attendance at this meeting so that we can determine whether a quorum is present? Mr. Fox, there were 55,020,578 shares entitled to vote as of March 12, 2024, the record date. There are 50,790,099 shares present by proxy. Thank you, Mr. Rosenthal. Based on the report of the Secretary and the Inspector of Election, I find that proper notice has been given and that a quorum is present. Accordingly, this meeting has been properly been convened. The proxies solicited by the board of directors can be tallied one time, even though they contain five matters for consideration. Similarly, the ballots cast today can be handled in the same way. Accordingly, Shelly will discuss each matter to be acted on at this meeting. At the conclusion of the discussion of all items, we will then take a vote. Shelly, are there any shareholder nominations or shareholder proposals for this meeting properly filed with you as secretary? There were none. Since no shareholder nominations or shareholder proposals were properly filed in advance of this meeting, our business is limited to the five matters on the agenda. The first proposal we will consider is the election of two directors. The board has nominated Valerie Mosley and Gregory Smith to each serve as directors until the 2025 annual shareholders meeting and until their successor is duly elected and qualified, or until their earlier resignation, removal, incapacity, or death. Information concerning their principal occupations, their service with Envestnet, and other matters which may be of interest, are contained in the proxy statement. No nominations may be made at this meeting; therefore, I declare nominations to be closed. The second proposal relates to an advisory, non-binding vote by shareholders of the compensation of our named executive officers, as outlined on pages 32-60 of the proxy statement. Shareholders are asked to vote for the following resolution. Resolved, that the shareholders approve the compensation of the named executive officers as disclosed pursuant to the compensation disclosure rules of the SEC, including the compensation discussion and analysis, the compensation tables, and related narrative discussion. The third proposal relates to the ratification of the appointment of KPMG as our independent registered public accounting firm for the fiscal year ending December 31st, 2024. Ashley Deasy and Aleksey Oberoi, representing KPMG, are present and available to answer appropriate questions. The fourth proposal relates to the approval of the Envestnet, Inc 2024 Long-Term Incentive Plan. The final item of business we will consider is the approval to an amendment to Envestnet's fifth amended and restated certificate of incorporation to allow for exculpation of certain officers as permitted pursuant to recent amendments to Delaware law. This concludes the introduction of the proposals to be presented at this meeting. Shelly, have we received any questions pertinent to the business of this meeting? We have not. There being no questions, it is 9:06 A.M., Eastern Standard, and the polls are now open for voting. Shelly, would you please describe the voting process? If you have previously voted by proxy, it is not necessary to vote during the meeting. Only shareholders who have not voted or those who wish to change their vote on the proxy should vote during the meeting. Any shareholder who desires to vote during the meeting, please do so now by clicking the proxy voting site link on the left side of your screen. The voting will be closing shortly. Are there any further electronic votes or proxies? There are not. Given the fact that most shareholders previously voted by proxy and all attending shareholders have now had adequate time to vote, it is now 9:07 A.M., and the voting is closed. While the votes and proxies are being tallied, I'd like to introduce other members of our board of directors: Luis Aguilar, Bill Crager, Gayle Crowell, Wendy Lane, Valerie Mosley, Greg Smith, Lauren Taylor Wolfe, and Barbara Turner. I would also like to introduce the other members of our leadership team, our Chief Financial Officer, Joshua Warren, our Executive Vice President of Business Lines, Tom Sipp, and our Chief Human Resources Officer, Sharon Rosenthal. While we're waiting for the voting to be completed, I will offer a few words about the business. Envestnet is helping to lead the growth of wealth managers and transforming the way that financial advice is delivered through its ecosystem of connected technology, advanced insights, and comprehensive solutions, backed by industry-leading service and support. Breadth and quality of the Envestnet Multi-Product Platform is unmatched. For example, in a recent survey, Envestnet has been recognized the top three vendors across 13 separate categories, more than any other firm in the industry. Despite 2023 being a transitional year for Envestnet, we continued our focus on disciplined execution throughout. We executed successfully, as demonstrated with our asset and account growth, revenue growth, margin expansion, and improved client service scores. We maintained our revenue at $1.2 billion, in line with the previous year, despite a difficult operating environment for both our wealth solution and D&A business during 2023. During the year, because of our platform infrastructure investments and disciplined focus, our Adjusted EBITDA grew 16% to nearly $251 million, highlighting our operational efficiency. Earnings per share, adjusted net income per diluted share increased by 14% to $2.12, reflecting our financial health. On behalf of everyone here at Envestnet, I thank you, our shareholders, for your support. I see that the voting, the vote tally is complete. Shelly, would you now present your report on the vote? Over 45,488,965 shares, or more than 95% of Envestnet's stock represented at this meeting, have been voted for the election of Valerie Mosley and Gregory Smith as directors of the company. Over 45,195,182 shares, or more than 95% of Envestnet's stock represented at this meeting, have been voted for the approval of the 2023 compensation of our named executive officers. Over 50,119,099 shares, or more than 98% of Envestnet's stock represented at this meeting, have been voted for the ratification of the appointment of KPMG as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Over 44,115,345 shares, or more than 92% of Envestnet's stock represented at this meeting, have been voted for the approval of the Envestnet 2024 Long-Term Incentive Plan. Over 40,638,918 shares, or more than 85% of Envestnet's stock represented at this meeting, have been voted for the approval of an amendment to Envestnet's fifth amended and restated certificate of incorporation to allow for exculpation of certain officers, as permitted pursuant to recent amendments to Delaware law. Each of the items voted upon today, as listed in the proxy statement, have been approved by the company's shareholders and will be recorded as stated in the minutes of this meeting. I will now turn it back over to James. Thank you, Shelly, and thank you everyone for attending today's meeting and for your interest in and support of Envestnet. As we have no further business, this meeting is now adjourned.
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