CHICAGO, Aug. 25, 2016 /PRNewswire/ -- Envestnet, Inc.
(NYSE: ENV) has integrated the Envestnet | PMC Portfolio Navigator
into its Advisor Suite, providing for streamlined access to its
consulting and research offering, and enabling customization at the
enterprise level. The tool filters more than 1,500
multi-asset class portfolio solutions, using five questions, in
order to help advisors address a variety of investment needs for
end investors.
This integration also makes Envestnet | PMC's capabilities
available to financial advisors on a 24/7 basis, and:
- Delivers the Envestnet | PMC consulting experience to proposals
of any amount.
- Enables advisors to interactively leverage Envestnet | PMC's
unique research and due diligence on fund strategist portfolios
(FSPs) for small to medium sized accounts and provides
multi-manager account portfolio (MMAs) suggestions for proposals
greater than $500,000.
- Fast-tracks the proposal process in the Research Center and
Proposal Generator on the Envestnet Advisor Suite.
The simplified filtering capability provided on the platform
makes it easier for advisors to select the best fit products and
strategists for their clients. Enterprises will be able to
customize the filtered set of portfolio solutions or can use the
Envestnet | PMC consulting team to assist in the design of
investment programs.
"Enterprises and advisors are under more pressure than ever to
demonstrate their value and strengthen engagement with clients,"
said James Patrick, Executive
Vice President and Head of Advisor Services at Envestnet.
"Portfolio Navigator empowers a wider array of advisors to harness
and customize Envestnet's portfolio management consulting resources
to help their clients make investment decisions that can lead to
better outcomes."
First announced at the Envestnet Advisor Summit in 2015, the
Portfolio Navigator prototype has been in beta testing with some of
Envestnet's largest enterprise clients, including Lincoln Financial
Network: "We believe Envestnet's integration of this
technology into the platform is going to significantly streamline
the proposal and investment selection process for our advisors,
allowing them to spend more time with prospects and clients," said
Sean Meighan, AVP, Advisory Sales
and Consulting at Lincoln Financial Network. This
functionality is currently available to Envestnet clients following
a review of their investment strategist configuration.
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.
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 11
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.
For more information on Envestnet, please visit
www.envestnet.com and follow @ENVintel
(https://twitter.com/envintel).
Media
Contact:
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JConnelly
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(973)
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SOURCE Envestnet, Inc.