Finalists Chosen for Envestnet & Investment Advisor Annual Asset Manager Awards

Strategist of the Year and Other Best-in-Class Firms to be honored at Envestnet Advisor Summit in New Orleans, May 16-17

CHICAGO, May 1, 2018 -- Envestnet, Inc. (NYSE: ENV) and Investment Advisor magazine are pleased to announce their annual list of finalists for the 2018 Asset Manager and Strategist of the Year Awards. Now in its 14th year, the competition recognizes best-in-class portfolio managers selected by Envestnet and Investment Advisor and includes 18 firms as finalists.

"As most investment managers and veteran investors have discovered the hard way, generating consistent returns, let alone outperformance, is difficult even in the best of environments," said Tim Clift, Chief Investment Strategist at Envestnet | PMC, Envestnet's Portfolio Management Consultants group. "The managers we're honoring this year have managed to do just that and in the process demonstrated best practices worthy of recognition and emulation. Once again we're proud to be working with our partner Investment Advisor to highlight the best that the asset management community has to offer."

This year's winners will be announced during the 2018 Envestnet Advisor Summit, being held at the Ernest N. Morial Convention Center in New Orleans on May 16-17 (

Originally called the Separately Managed Account (SMA) Manager and Strategist of the Year Awards, the name was changed this year to be more reflective of the scope of the asset management community and to allow the addition of more categories.

As in previous years, award finalists were chosen using Envestnet | PMC's proprietary, systematic, and multi-factor methodology for evaluating managers. This framework takes a variety of qualitative and quantitative criteria into consideration, such as investment process and style, performance, firm profile, customer service, and tax efficiency.  

Eligibility for this coveted award requires a management team with at least three years of experience running a strategy with $200 million or more in assets. The investment product under consideration must be reported through Envestnet | PMC's Premium Research solutions, which are leading sources of investment-manager due diligence and research for advisors.

"Our readers are dedicated to finding the best investment solutions for their clients, and being able to give advisors insight into some of the top-performing strategies is an important part of our mission," said Janet Levaux, Editor-in-Chief of Investment Advisor. "The research done by Envestnet | PMC has been invaluable in terms of identifying a range of effective strategies that can be implemented by advisors on behalf of their clients. Together with our partners at Envestnet, we salute this year's finalists for a job well done and look forward to sharing their stories."

In addition to selecting winner(s) in each category, a single Manager of the Year will be chosen as an exemplar of investment management excellence. Investment Advisor magazine will also feature all the award winners in its July 2018 issue.

The 2018 Envestnet and Investment Advisor Asset Manager Award finalists are:

U.S. Equity Large Cap (two awards)
Boston Partners—Large Cap Value
Brown Advisory—Large Cap Growth
Dana Investment Advisors —Large Cap Core
Wakefield Asset Management —Large Cap Core

U.S. Equity Small or Mid Cap (two awards)
Baird Funds—Mid Cap Growth
Copeland Capital Management —Small Cap Dividend Growth
EARNEST Partners—Mid Cap Core
Kayne Anderson Rudnick—Small Cap Sustainable Growth

International or Global Equity (one award)
Causeway—International Value
ClearBridge Investments—International Growth
WCM Investment Management—Quality Global Growth

Fixed Income (one award)
GW&K Investment Management—Enhanced Core Bond
Nuveen Asset Management—Intermediate Term High Quality Muni Bond

Impact (one award)
Boston Common—International Equity SRI
ClearBridge Investments—Large Cap Growth ESG Strategy

Strategist (one award)
American Funds Model Portfolios
Horizon Investments—Goal Based Solutions
JA Forlines Global—Global Tactical Portfolio Solutions
RiverFront Investment Group—ETF Portfolios

About Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of intelligent systems for wealth management and financial wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research, data aggregation and fiduciary managed account solutions.

More than 59,000 advisors and 2,900 companies including: 16 of the 20 largest U.S. banks, 39 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences and help drive better outcomes for enterprises, advisors and their clients.

For more information on Envestnet, please visit and follow @ENVintel.

Media Contact:
Dana Taormina
JConnelly for Envestnet | PMC
(973) 850-7305

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