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.
5.2.17, WealthManagement.com -While the total fee a client pays is declining, it is not coming at the expense of the advisors' fees. Rather, it's from the reduced cost of investment management. According to an analysis by Envestnet, the fee compression trend belies the fact that the vast majority is due to advisors seeking out lower-cost passive products. Envestnet found that the mean client fee in mutual fund and ETF wrap accounts declined 5.6 percent over the last three years, while mean client fees in separately managed accounts were down 3.6 percent over that same period.
5.2.17, theTrustAdvisor.com - Envestnet announced an expanded data analytics product lineup that harnesses the power of data intelligence to efficiently uncover growth opportunities and provide critical insights for Envestnet, Yodlee, and Tamarac clients.
4.18.17, thetrustadvisor.com -One of the most important concepts taught to MBA students in Investments 101 is that portfolio diversification is fundamental to a sound investment strategy. In 1952, Harry Markowitz, pioneer of Modern Portfolio Theory, coined the oft-cited phrase, “Diversification is the only free lunch” in finance. Diversification has earned this reputation because of its ability to produce superior risk-adjusted returns over time.
4.10.17, ThinkAdvisor.com - As the investment industry continues to innovate, a digital divide is opening between advisors who embrace technology to its fullest possible extent — by adopting digital tools, for example, that provide a more interactive and streamlined client experience — and those who do not.
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.