CHICAGO, July 29, 2015 /PRNewswire/ -- Envestnet,
Inc. (NYSE: ENV) continues to earn top wealth management industry
awards.
Bill Crager, President of
Envestnet, received the Money Management Institute's (MMI) Advisor
Solutions Pioneer of the Year Award. MMI's Pioneer Award is given
annually to an individual who embodies MMI's mission to serve as an
advocate and catalyst for the growth of the managed investment
solutions and wealth management sectors. MMI also named Envestnet
the Advisory Solutions Technology or Service Provider of the
Year.
In addition, Lori Hardwick,
Envestnet Group President of Advisor Services, was selected by
Private Asset Management as one of the 50 Most Influential
Women in Private Wealth. Envestnet won Family Wealth
Report's (FWR) Best Outsourcing Solution Award, and
Envestnet | Tamarac was one of five finalists in both FWR's
Portfolio Management and Client Communications & Reporting
categories. Furthermore, Envestnet | PMC Chief Investment
Strategist Tim Clift was named one of the 10 Most Important People
in ETFs by ETF.com's "ETF Report."
"Digital technology is changing the way advisors and their
clients connect and transact, but we believe that, contrary to
signaling the end of the financial advisor, it heralds the further
empowerment of the financial advisor," said Mr. Crager, who
accepted the MMI awards at the Gateway to Leadership Industry
Recognition Dinner in Charlotte,
NC. "The entire Envestnet team is committed to providing
advisors with the tools they need to harness this evolution, and
provide the deep engagement their clients have come to expect. We
are grateful to receive these accolades honoring our efforts to
help advisors adapt to changes in their industry."
Private Asset Management narrowed down its list of the 50 Most
Influential Women in Private Wealth, which appeared in the
May 2015 issue, using three main
criteria—peer recommendations, the amount of responsibility held in
current and previous roles, and significant impacts on private
wealth management. Ms. Hardwick joined Envestnet shortly after its
inception 16 years ago, and has played an influential role in
helping to build the firm and its platform.
"I am humbled to be included among so many impressive role
models for women in the private wealth space," said Ms. Hardwick.
"At Envestnet, our advisor-centric focus has been the driving force
behind our growth through the years, and I am proud to be in a
position to ensure advisors remain at the heart of what we do as we
continue to grow."
Envestnet received its FWR awards at the publication's
Second Annual Awards Dinner, held at New
York's Mandarin Oriental Hotel on March 15. The awards are designed to showcase
technology providers in the global private banking, wealth
management, and trusted advisor communities deemed to have
demonstrated innovation and excellence during the previous year by
a panel of distinguished judges.
"This recognition reflects the industry's appreciation for the
breadth of capabilities we provide advisors to create a unified
wealth management process for serving clients and growing their
businesses," said Lincoln Ross,
Executive Vice President, Advisory Services, Envestnet, who
accepted the awards at the dinner. "We are glad to be acknowledged
by prominent members of this industry as a significant force in
wealth management."
ETF.com's "ETF Report" selected Mr. Clift as one of
the 10 Most Important People in ETFs due in part to his role as a
"gatekeeper" advising more than 100 exchange-traded fund (ETF)
strategists on Envestnet's open-architecture platform on how to
better run their portfolios. Envestnet allows these ETF strategists
to market their portfolios to advisors through unified managed
accounts and other products.
"Advisors continue to choose ETF strategists as their preferred
providers of access to the most promising strategies that the
market has to offer," said Mr. Clift. "Envestnet has
pioneered research methodologies to help advisors identify the
strategies that best fit their clients' needs, and the recognition
by ETF.com's 'ETF Report' validates our innovation and
thought leadership in this fast-growing area."
About Envestnet
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's Advisor Suite® software empowers
financial advisors to better manage client outcomes and strengthen
their practices. Envestnet provides institutional-quality research
and advanced portfolio solutions through our Portfolio Management
Consultants group, Envestnet | PMC®. Envestnet | Tamarac
provides leading rebalancing, reporting, and practice management
software.
For more information on Envestnet, please visit
www.envestnet.com and follow @ENVintel
(https://twitter.com/envintel).
Media
Contact:
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Laura
Simpson
|
|
JCPR
|
|
(973)
850-7319
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lsimpson@jcprinc.com
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SOURCE Envestnet, Inc.