See How Unified Client Portal, Trading
Experience, and Integration Advancements to Envestnet's
Industry-Leading Wealth Management Platform Can Power Your Business
and Drive Advisor Productivity
BERWYN,
Pa., Jan. 29, 2024 /PRNewswire/ -- Envestnet,
an industry-leading provider of advanced technology, solutions, and
insights for the wealth management industry, is showcasing its new
advisor experience and premier Wealth Management Platform to
independent financial services firms at the FSI OneVoice conference
in Orlando, FL, January 29 – 31, 2024.
For today's financial advisors, their time is more valuable than
ever. Research within Envestnet's 2023-2024 Trends Report shows
that nearly 40% of advisor time is spent on investment management
and administrative activities1, and nearly a third of
advisors say they're not able to spend enough time with
clients2. Envestnet's focus is dialed in on one thing:
improving their day-to-day experience, through technology that
enables growth, higher productivity, and the opportunity for
deepened client engagement.
"The firms we work with want the most advanced and seamless
technology experience for their advisors," said Andrew Stavaridis, Chief Relationship Officer
for Envestnet. "They're seeking deep connectivity among their
systems and are also looking to improve technology adoption and
utilization among their advisors – so that they're better able to
help and deliver outstanding service to their clients. That's why
we've built the industry's most robust advisor experience through
our Wealth Management Platform."
Envestnet's Wealth Management Platform delivers on the
capabilities and advanced technologies advisors need to experience
growth and productivity in their business – through a seamless and
singular experience. Elements of this experience will be unveiled
at FSI OneVoice, and include:
- Next Generation Advisor Experience on a live, in-market
system, with trading tool advancements including better dollar cost
averaging capabilities.
- Unified Client Portal, integrated across multiple
platforms, and API-driven for ease of integration, offering an
industry leading digital experience that connects all components of
a client's financial life.
- Seamless Integration to Envestnet Insurance Exchange,
combining the advisor workstation with proposal tools, creating a
deep integration with exchanges that allows for ease of use.
- Deepened API Library, addressing advisor demand for API
capabilities that provide opportunities to grow business and more
holistically address client needs.
Envestnet executives will also share valuable insights on
key topics impacting firm leaders and decision makers. Highlights
include:
Tuesday, January 30
- 10:00 AM – 11:00 AM
SWOT Analysis of AI
Regulation and Implementation
Dani
Fava, Group President of Innovation for
Envestnet, will join a panel to discuss the landscape of AI
and best practices through the lens of a SWOT
analysis.
- 1:30 – 2:30 PM
Succession Planning Roadmap
Jeremi Karnell, Head of Data Solutions,
will join a panel to explore succession planning and business
continuity strategies that can assist advisors and firms in
recruiting and retaining assets while funding exit plans.
- 3:00 PM – 4:00 PM
Unleash the Potential of
Direct Indexing
Hunter
Willis, QRG Portfolio Manager at
Envestnet, alongside a panel of industry peers, will explore
innovative strategies for crafting direct indexes and
customizations that aim to deliver specific investment outcomes –
through cutting edge technologies.
Integrated Data with Vantage
In addition, Envestnet will showcase its access to integrated data,
allowing advisors to drive more managed account business into the
Envestnet Wealth Management Platform. As the advice industry
continues to see a migration to fee-based accounts, and managed
account assets grow by double-digit percentages, Vantage,
Envestnet's Institutional Data Aggregation and Performance
Reporting capability, allows advisors and their investors to view
full detail of all their accounts alongside their managed business,
from insurance to brokerage. This includes robust data
reconciliation and the normalization of data flow throughout the
Envestnet Ecosystem (Data & Analytics, Exchanges, Client
Portal, Envestnet's MoneyGuidePro), to a firm's proprietary portal
as well as industry leading platforms.
"Robust data connectivity delivered via APIs enables a superior
digital experience for independent financial advisors, who want a
one-stop means of supporting their clients' well-being, including
via insurance. The alignment of planning and proposal to execution
capabilities will serve as an engine for efficiency for RIAs and
IBDs, while helping to boost advisor recruitment," said
Will Trout, Director of
Securities & Investments Practices at Datos Insights.
To experience Envestnet's advisor experience at FSI OneVoice,
visit Booth #27. To learn more about Envestnet, visit
www.Envestnet.com.
ABOUT ENVESTNET
Envestnet is transforming the way financial advice is delivered
through an ecosystem of technology, solutions, and intelligence. By
establishing the connections between people's daily financial
decisions and long-term financial goals, Envestnet empowers them to
make better sense of their finances and live an Intelligent
Financial Life™. With more than $5.4
trillion in platform assets—more than 107,000 advisors, 16
of the 20 largest U.S. banks, 48 of the 50 largest wealth
management and brokerage firms, more than 500 of the largest RIAs,
and thousands of companies, depend on Envestnet technology and
services to help drive better outcomes for their businesses and for
their clients. Data as of 9/30/2023.
Envestnet refers to the family of operating subsidiaries of the
public holding company, Envestnet, Inc. (NYSE: ENV). For more
information, please visit www.envestnet.com, and follow us on
LinkedIn and X (@ENVintel).
1 Cerulli U.S. Advisor Metrics 2022
2 J.D. Power, "Time
Starved U.S. Financial Advisors Considering Alternative Options,
J.D. Power Finds," July 5, 2023 (
link
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SOURCE Envestnet