Envestnet is a leading provider of innovative wealth advisory solutions to independent advisors and advisory firms. Our capabilities combine the expertise of top investment managers, a broad range of fee-based investment products, and an array of enhanced financial technology.
Through the Envestnet platform, you have immediate access to fully integrated, all-in-one functionality including a broad range of specialized tools for wealth management, planning, reporting and billing.
The breadth of solutions and services available through our fully-integrated platform allows you to customize the resources of Envestnet to the needs of your practice. Envestnet automates the often tedious tasks of account servicing, giving you the freedom to attend to your clients and pursue more profitable activities as you shape your practice according to your own objectives and preferences.
Additionally, Envestnet helps meet your data management needs. Its fully integrated technology allows you to offer your clients a cohesive snapshot of their invested wealth. The value of Envestnet’s reporting capabilities comes from the confidence it instills in clients when they know you are able to deliver more thoughtful and insightful advice based on accurate and timely market-based data.
An extensive variety of reporting capabilities
The flexibility of our reporting functionality allows you to create customized reports for clients and your complete practice. Envestnet|Vantage’s reporting solutions can be customized to speak to the individual needs of clients and their unique goals. You can view client accounts as a whole or sorted by holdings, asset class, performance by individual security and as overall realized gains/losses. For your practice, you can generate reports for all clients or for single accounts and by fund holdings, annuities, asset classes and fund families, and more.
Data you can trust
Unlike other reporting solutions, Envestnet|Vantage provides advisors with access to fully reconciled data daily—not just by market value, but also by transaction. Envestnet|Vantage holds a unique position in the industry. As a firm with fiduciary trading responsibilities for many accounts, we have a vested interest in maintaining accurate data. Data is collected through a direct feed across all sources at the transaction level. It’s then sorted, scrubbed and normalized to avoid integrity issues. The data is then reconciled to fix breaks at the source before it is loaded into the system and published to each advisor’s site by the following business day.
We offer choices
The functionality of our reporting capabilities is extremely flexible and comprehensive. You can use our platform for your entire book of business. Envestnet|Vantage will serve as your back office while you focus on your clients. Whether you are using our capabilities for your entire practice or for just a few, we strive to make it as cost-effective and competitively priced as possible. You can also use our reporting capabilities to feed into third party applications.