Jefferies Wealth Management has partnered with Envestnet, a provider of unified wealth management technology and services to investment advisors, to boost and streamline its wealth management business.
Under the partnership, Jefferies Wealth Management will use the Envestnet platform to update its technology and offer a wider array of investment products and solutions.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The platform will allow Jefferies Wealth to create operational efficiencies which allow its advisors to devote more time to client engagement and portfolio management, Envestnet said.
Using Envestnet platform, Jefferies Wealth will provide clients access to separately managed accounts, unified managed accounts, and fund strategist portfolio programs as well as to simplify multi-currency reporting for international clients.
Envestnet managing director and head of global institutional business development John Yackel said: "By providing Jefferies Wealth Management with access to a broader suite of investment products and programs through a fully integrated platform, we can empower its team with more options to both improve client outcomes and meet clients’ evolving needs."
Jefferies Wealth Management offers a full suite of open-architecture financial services to HNWIs and their families, as well as family offices and institutions.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe company offers services such as portfolio management, capital markets transactions, asset allocation, customized performance reporting, estate and insurance planning, lending, structured products, hedging and monetization, and traditional brokerage.
