News
4.3.17, Investment Advisor Magazine - Calling Envestnet a software provider or an investment management company or a platform provider or a fiduciary enabler or a data company would not be inaccurate, but it's the integration of all those facets of the company that's the company's killer app.
4.3.17, by James Lumberg, Co-Founder, Envestnet, Inc., InvestmentNews.com - An important step to becoming an adviser of the future is to embrace best-interest advice as a foundation for developing and maintaining trusted and enduring client relationships. Forward-thinking advisers understand that best-interest advice is the cornerstone for becoming an essential adviser to clients.
4.3.17, Investment Advisor Magazine - The human capital issue is one of the most challenging facing the advisor community — finding successors to advisory firm founders and the related issue of attracting and retaining advisors who mirror the current gender, racial and ethnic diversity of the country (and advisors’ current and prospective client bases).
5/2/17, ThinkAdvisor.com - Envestnet announced on Tuesday that it has expanded its analytics offerings to help advisors develop more valuable business intelligence. Seven new modules on the Envestnet platform will provide Envestnet, Yodlee and Tamarac clients with analytics, forecasting and performance reporting tools.
3.7.17, by Bill Crager, President, Envestnet, Inc. ThinkAdvisor.com - As advisors shift their value proposition to meet the 21st century client’s need, they will demonstrate their value by providing advice not just on investments but on clients’ financial lives, which will impact a client’s ability to attain their long-term goals, building deep, personal and multi-generational relationships in the process.
2.16.17, Retirement Income Journal - Still essentially a TAMP—a turnkey asset management platform— Envestnet has in the past few years grown through acquisition to become perhaps the largest single provider of cloud-based wealth management software to tens of thousands of advisors at independent, bank-owned and insurer-owned broker-dealers and registered investment advisors (RIAs).
2.15.17, InvestmentNews.com - The switch required the firm to invest in technology, including having Envestnet build an online portal for clients. Mr. Johnson sought tech partners to give clients access to their financial information from anywhere, including through mobile apps for phones and tablets.
2.14.17, by Tim Clift, Envestnet | PMC, AdvisorPerspectives.com -If there’s one word that characterizes 2016, it’s drama. That goes for last year’s politics, sports and even investments—last year, almost every corner of the global financial market experienced some kind of dramatic reversal, from U.S. stock markets to global bond markets, from crude oil prices to gold prices. You couldn’t have found wilder plot twists in a soap opera. 2016 was the year to expect the unexpected—and some of the changes may well have far-reaching effects on 2017, and for years to come.
2.13.17, by Zachary Karabell, Envestnet, Inc., Politico.com - Just weeks into Donald Trump’s presidency, you would think that everything had changed. The uproar over the president’s tweets grows louder by the day, as does concern over the erratic, haphazard and aggressive stance of the White House toward critics and those with different policy views. On Sunday, White House aide Stephen Miller bragged, “We have a president who has done more in three weeks than most presidents have done in an entire administration.”
2.8.17, by Ali Caffery, Envestnet, Inc., ThinkAdvisor.com - acets of portfolio management often parallel sports—and scuba diving is a good example. Both involve taking calculated risks, demand passion and commitment, and require taking personal responsibility for a successful outcome. Doing both of them well also requires a set of tools and, even more important, knowing how to use them.