Retirement Planning at Envestnet
Mike Henkel, former president of Ibbotson Associates, was recently tapped to be the managing director of Envestnet Asset Management's newly established Retirement Services Group. A...
Asset Allocation, Green Investing Evolving
"A prevalent theme in 2008 is the evolution of asset allocation," says Bill Crager, president of Chicago-based Envestnet Asset Management, pointing out that the older investor who wants to protect capital and avoid volatility will drive that evolution. "Everyone uses an asset allocation with the usual stocks, bonds, and cash,"...
Pershing Rolls Out New Managed Account Network
Pershing LLC, a subsidiary of the Bank of New York Company, Inc., has launched Managed Account Network, an innovative, open architecture platform that allows introducing broker-dealer firms to offer t
Plenty of Platforms
It seems as if new and revamped versions of Web-based platforms are constantly popping up as providers attempt to come up with just the right products and tools for advisors. According to Bill Crager, president of Chicago-based Envestnet Asset Management, which provides such services as online proposal generators and Web-based...
An SMA for 401(k)s
Envestnet Asset Management recently launched ENVEST(k), a turnkey platform for qualified plans that allows participants with smaller account balances to invest in separate accounts. This is...
Fidelity Throws Down the Gauntlet
McColgan says she wants to be No. 1 with RIAs