Envestnet Wins 2018 Private Asset Management Award: Best Investment Platform - Innovation

CHICAGO, Feb. 27, 2018 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) is thrilled to announce it won a 2018 Private Asset Management (PAM) Award in the category of Best Investment Platform – Innovation earlier this month for the impact investing suite of solutions available through Envestnet | PMC, its Portfolio Management Consultants group.

The Awards recognize the top industry professionals in the private asset management field and their accomplishments over the year.

"We continually strive to innovate in new and exciting ways to enhance our platform and offerings for advisors and financial enterprises, and we are honored to see our efforts recognized at this year's PAM Awards," said Bill Crager, President at Envestnet.

PMC's Impact Investing platform offers diversified investment solutions for investors through portfolios that span environmental, social, and governance (ESG) priorities and preferences. The portfolios are available in active and passive mutual funds, ETFs, and separate accounts, including smart beta and direct indexing solutions.

Investment managers chosen for the platform consistently beat their benchmarks on a risk-adjusted basis while fulfilling ESG objectives, and are vetted thoroughly through partnerships with industry leaders, Veris Wealth Management and Sustainalytics. The platform features approximately 100 impact asset managers, offering 250 solutions.

In the last year, Envestnet advanced its capabilities by rolling out multiple technology enhancements; engaging in new and strategic partnerships, such as the acquisition of FolioDynamix; and working diligently to enhance its unified platform. As its wealth management network continues to grow, Envestnet is well-positioned to empower advisors and enterprises with the innovative solutions they need to more fully understand their clients and deliver better outcomes for clients.

The PAM Awards are awarded annually by Private Asset Management, a financial services industry trade publication. Firms are invited to compete for awards in various categories and a panel of independent industry experts selects the nominees and winners based on a number of qualitative and quantitative performance indicators.

The Best Investment Platform – Innovation PAM Award was recently presented to Envestnet during an awards ceremony in New York City on February 8.

About Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of intelligent systems for wealth management and financial wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research, data aggregation and fiduciary managed account solutions.

More than 59,000 advisors and 2,900 companies including: 16 of the 20 largest U.S. banks, 39 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences and help drive better outcomes for enterprises, advisors and their clients.

For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel.

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SOURCE Envestnet, Inc.