-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 URV/lnqOLR1uxKp4hqxVbhjxmPz7yzObYtUJKJcmZbxQ69+0yCQMNMxOQEAMK1gr
 hfkvxvZlYYwK2NlIFE3o4w==

<SEC-DOCUMENT>0001181431-10-045130.txt : 20100901
<SEC-HEADER>0001181431-10-045130.hdr.sgml : 20100901
<ACCEPTANCE-DATETIME>20100901171019
ACCESSION NUMBER:		0001181431-10-045130
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100831
FILED AS OF DATE:		20100901
DATE AS OF CHANGE:		20100901

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENVESTNET, INC.
		CENTRAL INDEX KEY:			0001337619
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				201409613
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		35 E WACKER DR STE 2400
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60601
		BUSINESS PHONE:		312-827-2800

	MAIL ADDRESS:	
		STREET 1:		35 E WACKER DR STE 2400
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ENVESTNET ASSET MANAGEMENT GROUP INC
		DATE OF NAME CHANGE:	20050831

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GRP II Investors, L.P.
		CENTRAL INDEX KEY:			0001415898
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34835
		FILM NUMBER:		101052990

	BUSINESS ADDRESS:	
		STREET 1:		CREDIT SUISSE
		STREET 2:		ELEVEN MADISON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010
		BUSINESS PHONE:		908-598-6863

	MAIL ADDRESS:	
		STREET 1:		CREDIT SUISSE
		STREET 2:		ELEVEN MADISON AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10010

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GRP II Partners, L.P.
		CENTRAL INDEX KEY:			0001415899
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34835
		FILM NUMBER:		101052989

	BUSINESS ADDRESS:	
		STREET 1:		GRPARTNERS
		STREET 2:		2121 AVENUE OF THE STARS - 31ST FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-785-5100

	MAIL ADDRESS:	
		STREET 1:		GRPARTNERS
		STREET 2:		2121 AVENUE OF THE STARS - 31ST FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			AOS Partners, LP
		CENTRAL INDEX KEY:			0001479268
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34835
		FILM NUMBER:		101052991

	BUSINESS ADDRESS:	
		STREET 1:		2121 AVENUE OF THE STARS, 31ST FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-785-5100

	MAIL ADDRESS:	
		STREET 1:		2121 AVENUE OF THE STARS, 31ST FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GRPVC, L.P.
		CENTRAL INDEX KEY:			0001494603
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34835
		FILM NUMBER:		101052988

	BUSINESS ADDRESS:	
		STREET 1:		C/O GRP PARTNERS
		STREET 2:		2121 AVENUE OF THE STARS SUITE 1630
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
		BUSINESS PHONE:		310-785-5100

	MAIL ADDRESS:	
		STREET 1:		C/O GRP PARTNERS
		STREET 2:		2121 AVENUE OF THE STARS SUITE 1630
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90067
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd285434.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-08-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001337619</issuerCik>
        <issuerName>ENVESTNET, INC.</issuerName>
        <issuerTradingSymbol>ENV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001479268</rptOwnerCik>
            <rptOwnerName>AOS Partners, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>35 EAST WACKER DRIVE, SUITE 2400</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001415898</rptOwnerCik>
            <rptOwnerName>GRP II Investors, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>35 EAST WACKER DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2400</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001415899</rptOwnerCik>
            <rptOwnerName>GRP II Partners, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>35 EAST WACKER DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2400</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001494603</rptOwnerCik>
            <rptOwnerName>GRPVC, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>35 EAST WACKER DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 2400</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60601</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-08-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>102634</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6801017</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On August 31, 2010, the issuer closed the underwriters' overallotment option to purchase up to 15% more shares from the issuer and its selling stockholders pursuant the issuer's initial public offering (&quot;IPO&quot;).  Shares were sold ratably based on shares sold in the IPO, at the same terms as the IPO.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Shelly O'Brien, by power of attorney for AOS Partners, L.P.</signatureName>
        <signatureDate>2010-09-01</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Shelly O'Brien, by power of attorney for GRP II Investors, L.P.</signatureName>
        <signatureDate>2010-09-01</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Shelly O'Brien, by power of attorney for GRP II Partners, L.P.</signatureName>
        <signatureDate>2010-09-01</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Shelly O'Brien, by power of attorney for GRPVC, L.P.</signatureName>
        <signatureDate>2010-09-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----