Envestnet has integrated the Envestnet | PMC Portfolio Navigator into its Advisor Suite, providing streamlined access to its consulting and research offering and enabling customisation at the enterprise level.
The tool filters more than 1,500 multi-asset class portfolio solutions, using five questions, in order to help advisers address a variety of investment needs for end investors.
This integration also makes Envestnet | PMC's capabilities available to financial advisors on a 24/7 basis. The simplified filtering capability provided on the platform makes it easier for advisers to select the best fit products and strategists for their clients. Enterprises will be able to customise the filtered set of portfolio solutions or can use the Envestnet | PMC consulting team to assist in the design of investment programmes.
"Enterprises and advisers are under more pressure than ever to demonstrate their value and strengthen engagement with clients," says James Patrick, executive vice president and head of adviser services at Envestnet. "Portfolio Navigator empowers a wider array of advisors to harness and customise Envestnet's portfolio management consulting resources to help their clients make investment decisions that can lead to better outcomes."
First announced at the Envestnet Advisor Summit in 2015, the Portfolio Navigator prototype has been in beta testing with some of Envestnet's largest enterprise clients, including Lincoln Financial Network.
“We believe Envestnet's integration of this technology into the platform is going to significantly streamline the proposal and investment selection process for our advisers, allowing them to spend more time with prospects and clients," says Sean Meighan, AVP, advisory sales and consulting at Lincoln Financial Network.