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Products February 8, 2017
Envestnet Teams With Retirement Advisor University
The “Essential Retirement Advisor” program offers broad
fiduciary training designed to help advice professionals stay up-do-date with the
latest regulatory challenges.
Reported by John Manganaro
Envestnet Retirement Solutions (ERS) announced a partnership with The Retirement Advisor University to deliver the Essential Retirement Advisor program, described as “fully integrated fiduciary training” aimed at getting advice professionals ready to operate in a fee-based world.
According to the firm, changing market dynamics and evolving regulations have led many broker/dealers and registered investment advisers (RIA) to seek out “ongoing education support to ensure their entire teams fulfill their fiduciary responsibility, whether they work on defined contribution plans or individual retirement accounts.”
Babu Sivadasan, president of Envestnet Retirement Solutions, suggests the new educational approach, available on-demand, builds on The Retirement Advisor University’s fiduciary training program, developed in conjunction with the Envestnet Institute. The program is delivered via an online and in-person educational curriculum “designed for the adviser who is new to the retirement plan space, as well as the space’s most sophisticated and focused RIAs.”
The training offering will officially kick off in May, the groups explain.
“Practice management in a fee-based fiduciary retirement world is dramatically changing the way advisers, broker/dealers, and RIAs will conduct business,” agrees Fred Barstein, CEO and founder of The Retirement Advisor University.
For more information on the new fiduciary training program, visit www.envestnet.com.