Envestnet Launches 2020 Advisor Summit On-Demand
CHICAGO, June 25, 2020 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced today the release of its 2020 Envestnet Advisor Summit On-Demand, a digital multimedia resource center with over 50 engaging videos and content covering how advisors and enterprises can help clients achieve financial wellness, while growing their businesses and harnessing the power of Envestnet's unified platform to provide essential advice.
The Envestnet Advisor Summit On-Demand site (https://envadvisorsummit.com/), which will continue to grow throughout the year, features discussions with industry leaders and subject matter experts about the ongoing digital transformation of advice, and how data and technology solutions can enable advisors to add value and meet client expectations in an uncertain and volatile market. Financial professionals who view and complete select Summit On-Demand content may receive Certified Investment Management Analyst (CIMA(®)) and Certified Financial Planner (CFP(®)) Continuing Education credits.
"Our thought leadership and industry insights on the role of advice are presented this year in an engaging virtual format," said Bill Crager, CEO of Envestnet. "Financial advice, and the value advisors can offer clients has become even more essential as the world navigates the COVID-19 crisis. The Envestnet Advisor Summit On-Demand content has been crafted to help advisors understand how they can lead their clients and businesses forward in the post-pandemic world. We are also proud to introduce exciting new capabilities and services to the industry as part of our virtual showcase."
The Summit On-Demand includes keynotes from:
-- Bill Crager, CEO of Envestnet
-- Larry Fink, Chairman and CEO of BlackRock
-- Dr. Daniel Crosby, Chief Behavioral Officer of Brinker Capital
Product updates and new solutions being introduced in this year's Summit include:
-- Recommendations Engine -- "Opportunities to Engage" Interface Powered by
Envestnet Analytics: Envestnet has developed a platform-wide engine that
analyzes big data to provide advisors with the intelligence needed to
optimize their client relationships and practices. These timely,
data-driven recommendations are presented in a comprehensive,
streamlined "Opportunities to Engage" dashboard, ensuring that both
advisors' businesses and clients get the most out of the Envestnet user
interface.
-- The Envestnet Advisor Services Exchange by Dynasty (ASx): Developed with
the specific focus of helping RIAs build their businesses, the new ASx
platform is now available through Envestnet Analytics' Recommendation
Engine. Actionable insights and solutions based on data and analytics
are uniquely designed to help RIAs efficiently grow their businesses, so
that they can focus on their clients' wealth management needs. The
Summit On-Demand session, hosted by Edward C. Swenson, President of ASx,
will highlight eight services available to advisors, including Capital
Strategies and M&A Strategies that support the acceleration and growth
of an advisory firm's enterprise value.
-- Envestnet Cloud Services: Summit On-Demand participants can learn about
the new complement to the core Envestnet platform for enterprises.
Envestnet Cloud Services is a consultative and managed offering that
enables advisors at enterprises to seamlessly transition their data and
business operations to the cloud. The solution also includes a data
workbench providing advanced data access, data feeds, enrichment, and
integration capabilities to strengthen engagement with--and outcomes
for--clients.
-- Envestnet | MoneyGuide Updates, Including MyBlocks((TM)) Integrations &
New Blocks
-- MoneyGuide:
-- Lifetime Protection, Income Planning, and Tax Planning features
are now available in MoneyGuidePro(®) and MoneyGuideElite.
Within MoneyGuideElite, advisors can create a collaborative
client presentation using the illustrative modeling
functionality within each feature to help clients visualize the
impact on their plans.
-- MyBlocks:
-- MyBlocks removes the barriers and enables clients to easily
start exploring their financial landscape. New blocks currently
in development include Goals, Investment Assets, Spend vs.
Borrow, and Kick-Off. These blocks will be added to the existing
34 blocks, enhancing the MyBlocks ecosystem.
-- We continue to integrate MyBlocks with Envestnet offerings,
including the Envestnet Proposal System, Envestnet Insurance
Exchange, and the Envestnet Credit Exchange, making it easier to
implement solutions right from a block as well as within
MoneyGuide.
-- Envestnet | Tamarac Updates, Including Direct MoneyGuide Integration: An
RIA who creates a financial plan in Envestnet | MoneyGuide can directly
import the plan from the MoneyGuide document vault into the client
portal in Tamarac, where the end client can view and work with their
advisor to make adjustments as needed. In addition to this integration,
-- New Assets & Liabilities page in the client portal incorporates
external assets and liabilities, giving end clients a truly full
picture of their Financial Net Worth.
-- Advisors can import client tax documentation directly from custodial
platforms into Advisor View(®).
-- New Rebalance report in PDF format demonstrates the impact of trades
using charts and other visual materials.
-- Performance interval information can be populated into a customized
customer relationship management (CRM) system, or a different
database infrastructure, where advisors can perform in-depth
analytics.
-- Unreconciled trading orders can be applied to holdings in Tamarac
Trading(®) after the order date.
-- Envestnet Express Proposal Application: Envestnet has developed a
simple, fully digitized workflow for advisors to locate, research,
select, and invest in managed products, while also onboarding clients
and digitally aligning on high-value activities--using the most common
proposal use cases. The Express Proposal Application will go into
production at the end of this year, alongside the standard proposal
generator, in the Envestnet platform. It is designed to save advisors
time, fund accounts faster, and highlight the most useful information
for advisors and clients throughout the proposal process across the
Envestnet platform. In addition, the Express Proposal Application has
streamlined the process for providing user feedback to the Envestnet
team, enabling Envestnet support professionals to view exactly what
users see on their screens, and work together to achieve resolution.
-- Envestnet Connect: Introduced earlier this quarter, Envestnet teamed up
with AdvisorStream and Apprise Labs to build Envestnet Connect, a
centralized, data-driven application that integrates client household
data with relevant, personalized news content aligned with the client's
values and financial journey. Advisors can view a demonstration of
Envestnet Connect to see the new offering in action.
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, please visit www.envestnet.com, subscribe to our blog, and follow us on Twitter (@ENVintel) and LinkedIn.
Media Contact
Dana Taormina
JConnelly for Envestnet
973.647.4626
envestnetpr@jconnelly.com
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SOURCE Envestnet, Inc.
