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.
10.14.16, The Financial Express - Anilal S. Ravi, Executive Vice President of Envestnet, a leading provider of unified wealth management technology and services to investment advisers, told reporters here on Friday that unlike in the US where the markets and investment banking are on a high, in India things are only now falling in place in this sector.
10.11.16, FundFire.com - To prepare for the implementation of the DOL rule, Envestnet has embedded client-permissioned account aggregation to support meeting ‘know your client’ requirements, and to help with best interest assessments, says James Patrick, head of advisor services at Envestnet.
10.10.16, ThinkAdvisor.com - Envestnet launched technology solutions and consulting services to assist advisors and enterprises in complying with the Department of Labor’s fiduciary rule, which takes effect April 10, 2017.
10.10.16, InvestmentNews.com - Chicago-based Envestnet bought Wheelhouse Analytics so its advisers and institutions can glean more insight into client portfolios, investment strategies and products, fees, performance and other information. Firms will be able to benchmark their client accounts against what others are doing with similar types of clients, and how they might be charging for those accounts among different asset classes, said Bill Crager, president of Envestnet.
9.14.16, ThinkAdvisor.com -Automation of some tasks allows human advisors to focus more on what they do best: sophisticated financial planning.
Though the term “robo-advisor” smacks of cyborgian fiction, the reality is a robo-advisor plus a human advisor equals better client outcomes.
9.9.16, CNBC.com - Since the start of the year, stocks, bonds, oil and gold have all risen. Zachary Karabell of Envestnet and Gina Sanchez of Chantico Global discuss with Dominic Chu.
9.9.16, by John Harris, Managing Director, Envestnet, Inc., The Trust Advisor - The new rules will accelerate a shift from commission broker-based business to advisory fee-based business. This is a significant hurdle, naturally, for brokers who have traditionally focused on commissioned products, yet it also represents an opportunity to begin to incorporate fee-based investment advice into their practices.
9.8.16, Financial-Planning.com - Today, digital, online and social media technology all play a major role for financial services, particularly for acquiring and growing client relationships. The ability to communicate with current clients and prospects has expanded well beyond the limitations of geography. The increasing availability of online and digital tools make it less necessary to be where your clients are. In fact, McKinsey and Co. reports that nearly 30% of high net worth clients are comfortable having a dedicated adviser that is not located in their area.
9.7.16, The Trust Advisor - Envestnet, Inc. and Wheelhouse Analytics have expanded their Envestnet Institute On Campus program with the participation of seven additional universities and new offerings, such as a Résumé and Internship Hub, complimentary subscriptions to FundFire, and the new “Women in Wealth Management” initiative.
9.06.16, Inc.com - The tide has turned and your relationship with your financial adviser will never be the same again. Turns out, that's a good thing. Technology has put the information at your finger tips and access to real-time and near real-time information gives you the power to make powerfully informed decisions. Some people have gone as far as to ask themselves why they need a financial adviser at all?