Envestnet, Inc

As announced this week, we are thrilled about this exciting new chapter for Envestnet and Bain Capital. With our core mission in mind - to help all financial advisors grow and become more successful with the tools, technology, and solutions we offer – from institutional advisors to RIAs, we will continue to serve all business models and enable advisors to better serve clients across all stages of their financial lives.   As we build the platform and solutions that will serve our clients completely and holistically, we remain focused on serving the RIA market with Envestnet | Tamarac and wealth technology and solutions, as well as integrating and bringing our Envestnet | MoneyGuide financial planning capabilities to more advisors – a central part of our long-term technology strategy.    With Bain Capital, we will speed up our strong momentum and build on our scale and competitive advantage. Together, we will realize our vision to serve more advisors with more customized, holistic financial advice.

Direct indexing is on the rise, with industry assets reaching $434 billion by the end of 2022, according to Cerulli Associates. https://lnkd.in/dgHQ9KNw These assets are projected to grow by 12% annually over the next four years, surpassing mutual funds and ETFs. At Envestnet, our Quantitative Portfolios (QPs) have experienced a 40% annual growth in both accounts and advisors over the past three years. First made available in 2013 to provide clients with a passive strategy that combined tax management and customization, we are proud to be one of the largest direct index separately managed account providers, with more than $9 billion in QP assets as of Q4 2023. Let's take a closer look at the three approaches we see the most often: Beta, factor-based, and fixed income.

Client discovery is rooted in learning your new client’s needs. The more data you gather, the better you can build strong, trust-based relationships that drive business growth. The key to building strong client relationships is an effective, complete, and efficient client discovery process. https://lnkd.in/evBfWjyQ According to the 2021 EY Global Wealth Research Report, 71% of clients are willing to share their personal data with their wealth manager to have a more personalized user experience. Take a look at the steps you can take to make a strategic, successful client discovery process.

Our sales team connected from across all business lines in our Berwyn headquarters for an intensive week of training, sharpening their tools and knowledge to better deliver the full power of Envestnet to our clients. 💪

Female investors are a major force in the economy, influencing investment choices and shaping the future of wealth management. https://lnkd.in/e98jiyEF Despite achieving better returns than men, they often lack confidence in achieving financial wellness. Our research found that: 🔸 61% of women surveyed are skeptical of investing due to recent market fluctuations (vs. 48% of men) 🔸 40% of women surveyed hadn’t even heard of robo advisors and had not considered using them (vs. 18% of men) 🔸 90% of women use credit cards (vs. 81% of men) and are more likely to be comfortable with transactional/day-to-day task-oriented technology Read more on guiding female investors from Dana M. D'Auria, CFA, Co-Chief Investment Officer And Group President, Envestnet Solutions.

Each month, the Envestnet | PMC Global Macro Team provides insights into trends that may be top of mind for your clients. https://lnkd.in/gitMYip8 Let’s take a deeper dive into one of this month’s hot topics — volatility and global markets.

The third product release of the year is here! https://lnkd.in/ezMy_2KM From a streamlined custodial trade rejection process to deciding if a position count investment policy should count sleeve positions, we have enhancements designed to help you make the most of our powerful Wealth Management Platform.

Customization isn’t just an option — it’s a necessity for HNW investors. With the Envestnet platform, you can craft portfolios as unique as your clients, whether it’s through risk-optimized global strategies, personalized direct indexing, or advanced tax optimization. Check out Michael Featherman, CFA with Asset TV U.S. as he lays out how Envestnet turns customization into a powerful tool for achieving your clients’ financial goals.

✏️ The MoneyGuide team at our Powhatan office had an amazing time volunteering for the YMCA’s Bright Beginnings back-to-school event! We helped 115 kids pick out new clothes, backpacks, and hygiene products to kick off the school year with confidence. The smiles and excitement from the kids (and our team!) made the day truly special. #ENVCares

Is cash king? Or should investors be focused on small caps, equity markets, or the S&P? Dana M. D'Auria, CFA, gets candid with Asset TV U.S., about the questions advisors may be facing and how the next-generation of model portfolios can help tailor a more robust, personalized experience.