CHICAGO, April 25, 2016 -- Envestnet, Inc. (NYSE: ENV) and Investment Advisor magazine have partnered to choose the finalists for the 12th Annual Separately Managed Account (SMA) Manager and Strategist of the Year Awards. The awards honor best-in-class portfolio managers and will be presented during the 2016 Envestnet Advisor Summit, which is taking place from May 18-20 at the Hilton Chicago (http://www.envestnet.com/advisorsummit).
"Behind any top-performing strategy is a top-performing investment manager," said Tim Clift, Chief Investment Strategist atEnvestnet | PMC, the Portfolio Management Consultants group of Envestnet. "Our thorough and straightforward multi-factor approach to identifying managers that are capable of outperformance during a full market cycle is an important tool for helping investors achieve their long-term investment goals. We are glad to continue to work with Investment Advisor magazine to recognize those managers which consistently provide alpha for investors."
A single Manager of the Year will be selected from among the category winners as a model of investment management excellence. Investment Advisor will feature all of the winners in itsJuly 2016 issue.
To qualify for an SMA Manager and Strategist of the Year Award, a manager is required to have a management team with at least three years of experience running a strategy that has a minimum of $200 million in assets. In addition, its product must be reported through Envestnet | PMC's research application. PMC's Premium Research solutions are leading sources of investment manager due diligence and research applications for advisors.
The award finalists were chosen using Envestnet | PMC's systematic, proprietary, and multi-factor evaluation methodology. This framework takes into consideration a variety of quantitative and qualitative criteria, including performance, firm profile, investment process and style, customer service, composite, and tax efficiency.
"By shining a spotlight on exceptional managers, and the underlying characteristics that drive their success, we can help the advisors who read our magazine choose the best strategies for their clients," said Jamie Green, Editorial Director of the Investment Advisor Group at ALM, which publishes Investment Advisor. "Envestnet | PMC is a valuable partner for empowering advisors to improve client outcomes, and we are proud to bring the benefits of their comprehensive manager research to our readers for the 12th consecutive year."
Mr. Clift and Danielle Andrus, Executive Managing Editor of Investment Advisor, will present the winners with their awards on the second day of the Envestnet Advisor Summit. The finalists are:
U.S. Equity Large Cap (two awards)
Brown Advisory—Large Cap Growth
Schafer Cullen—High Dividend Value Equity
Victory NewBridge—Large Cap Growth
Montag & Caldwell—Large Cap Growth
U.S. Equity Small or Mid Cap (two awards)
EARNEST Partners—Mid Cap Value
Congress Asset Management—Mid Cap Growth
Tributary Capital Management—Small Cap Equity
Kayne Anderson Rudnick—Small Cap Growth
International or Global Equity (one award)
Harding Loevner—Global ADR
Cambiar Investors—International Equity ADR
Acadian—International Equity ADR
Fixed Income (one award)
GW&K Investment Management—Municipal Bond Strategy
Tom Johnson Investment Management—Intermediate Fixed Income
Strategist (two awards)
JAForlines—Global Tactical Solutions
Sage Advisory Services—Tactical ETF Strategies
Russell Investments—Multi-Asset Class Strategy
Vanguard—Multi-Asset Class Strategy
Impact (one award)
Boston Common Asset Management—International Equity SRI
Breckinridge Capital Advisors—Intermediate Term Tax-Efficient Sustainable Bond
About Envestnet | PMC
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective, and fully-aligned standard of care, and empower advisors to deliver better outcomes.
Envestnet | PMC provides independent advisors, broker-dealers, and institutional investors with the research, expertise, and investment solutions—from due diligence and comprehensive manager research to portfolio consulting and portfolio management—they need to help improve client outcomes.
Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. More than 950 companies, including 12 of the 20 largest U.S. banks and hundreds of Internet services companies, subscribe to the Envestnet | Yodlee platform to power personalized financial apps and services for millions of consumers. Envestnet | Yodlee solutions help transform the speed and delivery of financial innovation, improve digital customer experiences, and drive better outcomes for our clients and their customers.