Envestnet (ENV) 8-K Entry into a Material Definitive Agreement

Exhibit 12.1

Envestnet, Inc.

Ratio of Earnings to Fixed Charges

and Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

Unaudited

(Dollars in thousands)

	Nine Months Ended September 30,		Years Ended December 31,
	2014		2013		2012		2011		2010		2009
Ratio of Earnings to Fixed Charges
Earnings:
Income before income taxes	$	16,098	$	5,712	$	3,068	$	10,580	$	907	$	944
Add: Fixed charges	2,960		2,989		1,336		1,763		1,387		822
Income before income taxes and fixed charges	$	19,058	$	8,701	$	4,404	$	12,343	$	2,294	$	1,766
Fixed Charges:
Interest expensed and capitalized (1)	$	1,109	$	1,288	$	—	$	786	$	564	$	—
Amortized premiums, discounts and capitalized expenses related to indebtedness	—		—		—		—		—		—
An estimate of the interest within rental expense (2)	1,851		1,701		1,336		977		823		822
Total fixed charges	$	2,960	$	2,989	$	1,336	$	1,763	$	1,387	$	822
Ratio of earnings to fixed charges	6.44		2.91		3.30		7.00		1.65		2.15

(1)  Amounts presented for nine months ended September 30, 2014 and year ended December 31, 2013 represent accretion on contingent consideration.

(2)  Interest is estimated by management to equal one-third of minimum rental payments under operating leases.