Envestnet Enhances Wealth Management Program
Adviser/client communication capabilities have been improved, as well as the ability for clients to look at their complete financial picture.
Envestment has made several enhancements to its wealth management platform.
The platform is now integrated with SaleMove so advisers can communicate more easily with clients. The connectivity with Yodlee has also been enhanced so that clients can look into their full financial picture.
The wealth management platform now also has advanced financial planning capabilities. Plan probability can now also be determined using the traditional method and the weighted priority of goal probabilities. With the addition of the equity compensation feature, advisers will also now have the ability to model different share exercise and sale options to incorporate into plan scenarios with Advanced Logix.
Envestnet’s Quarterly Performance Reports (QPR) can now be customized to incorporate other firm documents alongside the reports selected in the template.
“This latest round of enhancements to the Envestnet platform delivers more meaningful and powerful functionality for our users and their clients,” says Blake Wood, senior vice president, director of product strategy at Envestnet. “By regularly reviewing and updating our advanced technology offerings, Envestnet is committed to providing enterprises and advisers with the necessary tools to better understand their clients’ financial picture.”
« Settlement Reached in Franklin Templeton Self-Dealing Lawsuit