Envestnet announced on Tuesday that it has expanded its analytics offerings to help advisors develop more valuable business intelligence. Seven new modules on the Envestnet platform will provide Envestnet, Yodlee and Tamarac clients with analytics, forecasting and performance reporting tools.
Envestnet announced the new offerings at the Envestnet Advisor Summit on Tuesday.
Among the new offerings is Envestnet Fee Analytics, which lets advisory firms compare fees at the account level across the entire firm, and compare their fees to their industry segment and industry as a whole. Firms can analyze their fees to make sure they’re in compliance and competitive.