Envestnet, a heavyweight in wealth management technology with roughly $7 trillion in assets running across its platform, is bringing in a new financial leader. The company announced that John Hofmann will join as Chief Financial Officer on September 1, 2025, succeeding Josh Warren, who has held the role since 2023.

Hofmann will oversee finance, M&A, and Envestnet’s ongoing transformation efforts, reporting directly to CEO Chris Todd.

A CFO Built for Scale

Envestnet isn’t looking for a caretaker CFO—it’s gearing up for another growth sprint. Hofmann’s resume suggests he’s wired for just that. With more than 25 years of experience spanning SaaS, enterprise software, healthcare tech, data analytics, and fintech/payments, he’s no stranger to fast-scaling companies.

Most recently, Hofmann served as CFO of athenahealth, where he helped lead operational transformation initiatives. Before that, he was CFO at Omnitracs and Infogroup (now Data Axle). He’s also held posts at investment firms Silver Lake Sumeru and GTCR, giving him M&A chops that could prove valuable if Envestnet continues its deal-making streak.

“John has a proven ability for turning opportunity into growth and building operational strength as organizations scale,” said CEO Chris Todd. “His experiences and leadership will be instrumental as we embark on Envestnet’s next stage of growth.”

Timing Is Everything

The CFO transition comes as Envestnet continues to refine its position in wealthtech. With its platform already used by one-third of U.S. wealth advisors, the firm sits at the intersection of wealth management and fintech—a space that has seen mounting competition from startups, robo-advisors, and established players modernizing their offerings.

Outgoing CFO Josh Warren leaves on a high note, having helped guide Envestnet through a pivotal period, including its take-private deal with Bain Capital and a debt repricing effort that strengthened the balance sheet.

What It Signals

Bringing in Hofmann suggests Envestnet is preparing for more than steady-state operations. Between his deal background and operational transformation record, it’s likely the company is bracing for an aggressive phase of expansion—whether through acquisitions, product scaling, or both.

For Envestnet, this is less about continuity and more about momentum. Hofmann’s appointment signals that the company wants to not just maintain its lead in wealthtech, but press harder in a sector that’s rapidly evolving with AI, automation, and next-gen advisory tools.

As Hofmann put it: “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.”