News
12/24/13, GateKeeperIQ - John Harris, managing director and national sales manager for Envestnet, says that, for advisors seeking tactical strategies, ETF-based portfolios trump those built with mutual funds. “That is the most effective way, we see, to implement a tactical strategy,” he says.
12/12/13, Fundfire.com - A new feature on Envestnet’s platform will allow asset managers to input explanatory notes about specific trades as a means to share the thinking behind each move with financial advisors. The utility should launch next year after the turnkey asset management platform sorts through legal and compliance questions, say executives at the firm.
11/25/13, RIABiz.com - This year, Envestnet Inc. has signed on four $1 billion-plus RIAs that are using the tech company not for its rebalancing but for its portfolio reporting and management that are backed by new capital and resources from Envestnet.
11/19/13, by J. Gibson Watson III, CIMA, Envestnet, ThinkAdvisor.com - Every day more than 10,000 Americans turn 65, and this flood of big birthdays will continue for the next two decades. It’s estimated that by 2030, 70 million people—almost a quarter of the population—will be 65 or older. By 2050 the number of senior citizens is expected to reach 89 million.
How will they retire?
11/18/13, by Bill Crager, President, Envestnet, Financial Advisor Magazine - The moment you begin to realize the potential that mobility can create for your business is a game-changer. For me, that moment occurred in 2011: I was sitting in a coffee shop with our chief technology officer, who showed me how I could access the new Envestnet app on my iPad. I was struck -- in fact, I was blown away -- by the fact that I had a window not only into my entire business, but into the entire financial industry, anytime, from anywhere I might be.
11/18/13, by Tim Clift, Chief Investment Strategist, Envestnet | PMC, MarketWatch.com - Global stock markets have been on a tear. In the U.S., large- and small-caps are each up about 30% so far this year. Even the struggling euro zone markets have gained almost 20%.
Emerging markets, however, are a different picture.
11/11/13, FundFire.com - Envestnet is upping the competitive pressure that the independent advisory and independent brokerage channels are putting on the wirehouses by adding the turnkey product platform’s first high-profile strategy commentator. Zachary Karabell took on the newly created head of global strategy slot late last month, coming over from a post as chief economist and head of marketing at Fred Alger Management.
11/04/13, RIABiz.com - The combination of Pershing Advisor Solutions LLC, Envestnet’s Vantage analytics and Callan Associates Inc. manager research, tied neatly into a bundle by Dynasty Financial Partners turned out to be the combination that made flying the Credit Suisse coop worthwhile.
11/04/13, WealthManagement.com - Independent broker/dealer network Cetera Financial has upgraded its performance reporting and business analytics systems through a partnership with Envestnet. While the firm’s old system was mostly paper-based, the new system is digital and more interactive, said Steve Dunlap, executive vice president, wealth management at Cetera. The upgrade is part of the firm’s strategy to appeal to fee-based advisors.
11/01/13, RIABiz.com - It used to be that the downtown of the RIA business was the RIA custodian — spiritually, intellectually and, more tangibly, as a general store of services. Today, custodians are still skyscrapers on the RIA landscape but the border between exurbia and inside the beltway is blurring.