CHICAGO, Sept. 9, 2020 /PRNewswire/ -- Envestnet,
Inc. (NYSE: ENV) has rolled out the Envestnet Retirement Analytics
solution for enterprise home offices, providing them with a
business intelligence tool for obtaining a clear picture of their
books of business for employer-sponsored retirement plans—and
helping their clients to achieve better outcomes.
Envestnet Retirement Analytics, a component of the Envestnet
Analytics suite, applies an overlay to the data which Envestnet
Retirement Solutions (ERS) collects directly from 401(k)
recordkeepers, fund companies, custodians, and other sources. These
insights give home offices a comprehensive overview of 401(k) plan
trends and assets at the macro level, as well as at the individual
plan, recordkeeper, and fund family levels—enabling home offices to
identify investment and growth opportunities for clients,
strengthen partnerships, and proactively monitor performance and
risk.
Home offices can print recordkeeper, fund family, and advisor
scorecards from Envestnet Retirement Analytics which show estimated
growth over time based on 401(k) data analysis.
"The combination of aggregated 401(k) data from Envestnet
Retirement Solutions and the intuitive business intelligence of
Envestnet Analytics is a game-changer for home offices working with
401(k) plan sponsors," said Khash
Sarrafi, Senior Vice President of Institutional Sales at
Envestnet Retirement Solutions. "We are providing key
performance indicators on a hosted solution built by industry
veterans, which enables advisors to properly leverage insights and
technology for making well-informed decisions on their retirement
books of business."
Envestnet Retirement Analytics findings can be:
- Curated based on team member roles, in order to call attention
to what users most need to see.
- Sent to home offices in reports which are customizable and easy
to socialize.
- Directly emailed to users when their most important data
changes.
"By adding data-driven retirement plan insights alongside the
intelligence in various other areas on the Envestnet Analytics
dashboard, we are addressing a key dimension of financial wellness
for enterprise home offices," said Todd
Buck, Managing Director and Head of Analytics Sales at
Envestnet. "This enhancement is the next step in our ongoing
commitment to providing advisors with the technology, data
analytics, and business intelligence they need to grow their
practices, deliver better client outcomes, and help clients achieve
financial wellness."
More information about Envestnet Retirement Analytics will be
shared during a webinar on September 16,
2020 at 3 pm ET. To register,
please visit
https://event.on24.com/wcc/r/2613516/62EB4AFA3F430EBD853E57EB9FA04042.
About Envestnet
Envestnet, Inc. (NYSE: ENV) is transforming the way financial
advice and wellness are delivered. Our mission is to empower
advisors and financial service providers with innovative
technology, solutions, and intelligence to make financial wellness
a reality for everyone. Over 103,000 advisors across more than
4,900 companies including 16 of the 20 largest U.S. banks, 46 of
the 50 largest wealth management and brokerage firms, over 500 of
the largest RIAs, and hundreds of FinTech companies, leverage the
Envestnet platform to grow their businesses and client
relationships.
For more information on Envestnet Retirement Solutions, please
visit www.envestnetrs.com.
Media Contacts
Dana Taormina
JConnelly for Envestnet
973.850.7305
envestnetpr@jconnelly.com
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SOURCE Envestnet, Inc.