Envestnet, Inc

"Our attention has been focused on 'next best action.' That's really what defines Envestnet's insights engine. It's a collection of both business rule and machine learning-based models that help advisors analyze their book across multiple categories and surfacing to advisors what clients in their book of business qualify for that action." Hear more from Jeremi Karnell on InvestmentNews. https://lnkd.in/e-sAW6mq Disclosure: Potential transactions identified by the Insights Engine or Non-Managed Insights tool are based on concentrated positions, concentrated asset classes, and/or high cash allocations but do not include a fee analysis or other factors that should be taken into account when considering brokerage versus advisory accounts. Potential transactions identified by the Insights Engine are for informational purposes only and are not to be construed as an instruction to take any specific action. Envestnet, Inc. and its subsidiaries and affiliates are not responsible for any decisions or recommendations you may provide to your clients.

As we embark on the next chapter of Envestnet, Inc, with industry leading partners - led by Bain Capital, I’m excited to accelerate our long-term growth goals, and deliver for our clients in a holistic, effective manner. Click to read more as I discuss our strategy and how we help enable advisors to deliver better outcomes for their clients with ThinkAdvisor, Dana M. D'Auria, CFA and Molly Weiss: https://lnkd.in/eQjdM5Uu

Always a pleasure to join Bloomberg Businessweek to discuss our acquisition by Bain Capital and news in the markets, focusing this week on big bank earnings. Click through to the 40-minute mark for my take: https://lnkd.in/eRqV-mNr   Thanks Carol Massar and Tim Stenovec for having me!

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.

Today, we’re excited to announce that Envestnet has entered into an agreement to be acquired by Bain Capital, in a go-private transaction valued at $4.5 billion. https://bit.ly/4bGLRjd In partnership with Bain Capital, we are focused on immediate and long-term strategies that allow us to deliver the wealth technology, solutions and service our clients rely on to grow and power their business. We remain committed to empowering advisors with our wealth technology platform, to help them serve their clients’ financial needs more holistically.

Introducing our 2024 Advisor Perspectives Survey! This survey examines the current state of financial advisory practices and anticipated industry trends. As a leader in wealth management, we leverage our unique vantage point to explore how advisors plan to grow, scale, and protect their businesses for the future. Interested in learning more about these trends and insights? Dive into the details and read about the report here: https://lnkd.in/dzn29iF7

Navigate the differences between cash flow and goals-based planning to prescribe the right plan for each client. https://lnkd.in/ezWrhgyb Discover the detailed tracking of cash flow planning for complex financial needs and the future-focused goals-based approach for clients with clear financial goals. Learn how Envestnet | MoneyGuide seamlessly integrates these strategies, offering a comprehensive platform that enhances financial planning and implementation. Elevate your advisory services and deliver personalized advice at every stage of your clients' financial journeys.

As the need data grows, Decision Intelligence (DI) is emerging as pivotal in wealth management. https://lnkd.in/ebUh3vhp It has the potential to transform the decision-making process by enabling advisors and firms to make more informed and strategic decisions. By utilizing DI, wealth management firms can achieve a competitive edge through enhanced decision-making capabilities, leading to better client outcomes and business performance — and this is just the tip of the iceberg!

Even with the large amount of tools available to advisors for servicing and acquiring clients, the growth and scale of a firm can be a challenge. From scaling, personalization, integrated technology, and independent fee-based advice, catch up on how advisors can approach their strategy for long-term results. https://lnkd.in/e3wHSUeZ

Happy July 4th! 🇺🇸 May your day be filled with BBQs, parades, and a sky full of fireworks! #WeAreENV