Envestnet, which manages US$1.4 billion assets under management, has selected Envestnet’s integrated wealth management solution as a platform for its advisors to better serve their clients.
Spire provides advisors with the flexibility to choose whatever business model or corporate entity they prefer. Advisors also have the ability to select a variety of fee structures.
Envestnet claims that its platform is tailored and customized for financial institutions and independent advisors to deliver client solutions at all asset levels. Moreover, the platform also combines analytic tools, dynamic reporting utilities and other practice management applications to give advisors a scalable, streamlined and integrated solution to manage their client outcomes and strengthen their practices.
Spire CEO David Blisk said: "Spire’s investment in our advisors is rooted in providing them with all of the tools, research and technology to make the best investment decisions for their clients, without having to spend valuable time on back office and administrative functions."