Bringing you live news and features since 2006 

New Envestnet Credit Exchange integrates lending solutions into advisers’ wealth management practices


Envestnet has launched the Envestnet Credit Exchange, a program that integrates lending solutions into the wealth management process on the Envestnet platform.

Envestnet has partnered with Advisor Credit Exchange (ACE), creators of an advice-driven program that supports advisors in facilitating loans to clients. This partnership will enable Envestnet enterprises and their advisors to offer pre-qualified loan offers for their clients over a range of loan types.
“We are excited to partner with ACE. Our partnership allows us to serve advisors and their clients an even broader suite of financial wellness solutions,” says Bill Crager, Chief Executive, Envestnet Wealth Solutions, and Co-Founder of Envestnet. “We believe advisors who offer integrated advice to their clients can help them achieve better outcomes. Building a lending solution into the platform is crucial for Envestnet to continue to bring advisors the tools they need to maintain an advantage over competitors, and provide the most comprehensive financial wellness services to their clients.”
The Envestnet Credit Exchange will seamlessly connect select lenders with Envestnet enterprise clients, allowing advisors to deliver holistic advice by incorporating lending solutions into the wealth management process.  Advisors will have access to a streamlined screening process that generates real-time, immediately-available loan offers for their clients with direct referrals to lenders. The feature is expected to be available through single sign-on access via the Envestnet platform later this year.
“We understand the importance of lending services to overall financial wellness and look forward to working with Envestnet to provide these capabilities to financial advisors, firms and their clients,” says Peter Stanton, Founder of ACE. “The ability to provide advisors with multiple loan options for their clients in a real-time, pre-qualified manner is noteworthy. It significantly enhances the advisor’s capacity to provide a fully integrated wealth management solution that is comparable to that of any wealth management firm or banking/lending institution in the market.”
Credit options considered for launch include consumer loans such as securities-based, residential real estate, unsecured personal loans, fine art and other luxury asset backed loans, and additional options. The offering will also include commercial and business loans, which will be introduced at a later time. These loan options fit advisors’ need to support a variety of client financial goals, including cash flow, education, home purchase/refinance, business investment, tax obligations and other large-ticket needs.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by