News
5.16.18, Wealthmanagement.com -Advisors have a plethora of tech tools at their disposal, from messaging apps to powerful portfolio management platforms. Envestnet’s Yodlee is adding one more option: Alexa. Amazon’s voice bot will be linked with Envestnet’s analytics-powered tool, called Envision IQ, which utilizes a new data management solution, Envision, to provide advisors with real-time insights for their clients, the company announced today.
1.31.18, Private Banker International - Edelman Financial Services’ chief executive, Ryan Parker, said: “Envestnet will help us grow sustainably while ensuring we continue delivering outstanding service and advice to our current clients."
“The platform will allow us to create a more integrated, seamless client experience, building upon our 30-year commitment to putting our clients first.”
1.31.18, wealthadviser.com - Edelman will equip its financial planners with Envestnet's robust suite of capabilities to support the Edelman Managed Asset Program (EMAP), which has more than USD21 billion in assets. Envestnet's capabilities will also enable Edelman Financial planners to operate more efficiently so they can better serve their clients.
1.26.18, by Brandon Thomas, Envestnet | PMC, Seekingalpha.com - While there have been literally hundreds of factors identified by academic researchers over the past few decades, only a handful has been shown to be statistically robust over time.
1.25.18, Seeking Alpha - Google the phrase "client centric wealth management" (no hyphen) and you'll be rewarded with hundreds of thousands of results. After all, the client is always at the center of the relationship between financial advisers and their investment portfolio, and wealth management firms focus on clients' needs. Right?
Apparently not.
1.16.18, AdvisorNews.com - According to J.D. Power, 46 percent of survey respondents said their advisor failed to help them establish lifetime financial goals and to properly define the risk involved. Seventy-six percent said their advisor came up short on all three of the survey’s goals.
Financial services clients, especially younger, more affluent customers are especially skeptical of their advisor’s ability to deliver the goods.
1.2.18, FinancialAdvisor.com - The proliferation of automated investment platforms will not kill the traditional wealth management model, said research and consulting firm Cerulli Associates in a recent report. Instead, digital tools are helping to usher in the next phase of the industry’s evolution.
12.27.17, ThinkAdvisor.com -Many financial advisory firms are seeing more automation in their middle- and back-office operations, according to industry experts.
The increasing automation process is expected to continue throughout 2018 and is leading to savings, improved efficiency and increased accuracy.
10.19.17, WealthManagement.com - Out of an initial pool of over 500 entrants, here are the winning firms that took home a "Wealthie" at the Wealth Management Industry Awards, held Oct. 11 at the Plaza Hotel in New York City. The awards are meant to recognize recent initiatives that help financial advisors grow their businesses and better serve their clients.
10.5.17, by Brandon Thomas, Envestnet | PMC, InvestmentNews.com - Benjamin Franklin astutely observed in 1789 that "…in this world nothing can be said to be certain, except death and taxes," but investors can use the latter to their advantage to potentially increase the value of their portfolios. There is often a substantial difference between a portfolio's pre-tax performance and its after-tax performance, and if investors take an active approach to tax management as part of their investment strategy, they can reap significant rewards over the long term.