Bringing you live news and features since 2006 

Envestnet and Dynasty Financial Partners to launch Advisor Services Exchange

RELATED TOPICS​

Envestnet is joining forces with Dynasty Financial Partners to launch the Advisor Services Exchange (ASx), which will offer financial advisors using Envestnet’s platforms an enhanced set of tools and services to help build and grow their businesses. “We’re excited to provide Envestnet clients access to services that help them meet the growing demands of managing their businesses – so they can focus on helping their clients achieve financial wellness,” says Aaron Bauer, Head of Wealth Strategy at Envestnet. “We’re doubling down on our commitment to – and investment in – financial advisors, and we’re proud to partner with Dynasty to fulfill it. Through the Advisor Services Exchange, we believe Envestnet’s clients will be able to save time on day-to-day business management activity, and bolster their services to deliver comprehensive, unified advice.”

The Advisor Services Exchange, set to launch later this year, will provide Envestnet clients with the ability to leverage value-added services currently available to Dynasty network firms, such as access to growth capital, business management tools, marketing services and outsourced CFO services.

As part of the partnership, Envestnet will make a minority investment in Dynasty Financial Partners. Dynasty Financial Partners is a private company headquartered in St. Petersburg, Florida with offices in Chicago, New York and San Francisco. The firm has over 45 independent Network Advisory firms on its platform, representing more than USD40 billion in client assets, and partners with those firms to help them grow, become more profitable, and run more efficiently. In addition to RIAs, Dynasty works with institutional and enterprise clients. 

“When we founded Dynasty over nine years ago, Bill Crager and Envestnet were there for us in the early days and have been with us every step of the way as we have grown the business. I am looking forward to partnering with Envestnet, a firm that stands alone as a pioneer in wealth management technology and investor intelligence,” says Shirl Penney, CEO of Dynasty Financial Partners. “We look forward to further leveraging and integrating our combined capabilities on behalf of leading independent advisors and their firms.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
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