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 retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent 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.
Nominated for: Best Financial Advisor or Wealth Management Platform
Envestnet is driving the industry forward to a 21st century model of financial advice and financial wellness. This new model of advice is grounded in: 1. Comprehensive/holistic wealth management where all client assets and transactions are aggregated into one place and advice rendered based on a client’s complete financial picture 2. Goals-based planning and monitoring to ensure the financial plan stays on track 3. Big data and artificial intelligence to achieve better decision-making 4. An end client who is actively engaged in his/her own financial wellness 5. A user experience where the investor has access to his information at any time and through any device 6. Transparency in advice and fees 7. Investment alignment with investor values and concerns 8. Integrated technology that handles routine wealth management tasks, thus freeing advisors to focus on more the more crucial aspects of where they can add value through client service, advice and guidance 9. A fiduciary mindset where advisors act in the best interests of their clients, relying on objective partner in PMC to support fiduciary solutions 10. Analytics to direct plan modifications