News

7.8.16, Brandon Thomas and Tim Clift, Envestnet | PMC, AdvisorPerspectives.com -The unexpected occurred late last month: The UK voted to leave the European Union (EU). Global markets are reacting swiftly to this announcement, punishing stock prices around the globe and swinging currencies wildly. Although the markets were predicting a UK “stay”, this vote was always a very close race, with voters divided and the polls only a few points apart.

7.8.16, Financial Advisor IQ - Advisors must get better at managing goals to differentiate themselves in a world of increasing commoditization of investment advice, according to one commentator on ThinkAdvisor.

Out of the services advisors provide to their clients — financial planning, tax management, asset allocation, investment selection and portfolio rebalancing — only financial planning truly relies on the “human touch,” writes Jay Hummel, managing director of strategic initiatives and thought leadership at Envestnet.

7.7.16, by Tim Clift, Chief Investment Strategist, Envestnet | PMC, MarketWatch.com - 2016 has shocked the world in many ways, but the greatest thunderbolt from the financial world has been the advent of negative interest rates. Some sovereign bonds have become so coveted that investors are paying for the right to lend governments money. Switzerland, Germany, Japan are among those that have seen bond rates turn upside-down.

7.7.16, by Jay Hummel, MD, Strategic Initiatives and Thought Leadership, ThinkAdvisor.com - There are some absolutes in the world: The sky is blue. At some point your spouse won’t get along with your mother, which puts you in an awkward position. In the wealth management industry, financial planning is moving to the center of the advisor’s value proposition.

7.7.16, WealthManagement.com - With the Department of Labor’s release in April of rules governing new fiduciary responsibilities for advisors who advise on retirement plans, FAs large and small are beginning to come to terms with what will be expected of them. For the tech sector, it’s a business opportunity—or threat—of historic proportions.

6.27.16, InvestmentNews.com - Meet 40 young leaders in the financial advice industry, and learn how the power of their personalities helps them succeed. Congrats to our own Aaron Bauer for being named one of the 40 Under 40!

6.24.16, ThinkAdvisor.com - Just like no one really knew how the Brexit vote would turn out – and many forecasters got it wrong – it’s difficult to know now how Britain’s vote to leave the EU will affect global economies and markets in the longer term, but today it’s been a bloodbath.

Summer 2016, FinTech Finance  - A FinTech Finance Magazine Q&A with Jay Hummel, Managing Director of Strategic Initiatives and Thought Leadership at Envestnet, Inc. which supports independent financial advisors through a Cloud-based Solutions Platform.