Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Get to Know This TAMP Better Not Rated 1.0 Email Routing List Email & Route  Print Print
Tuesday, March 11, 2014

Get to Know This TAMP Better

Reported by Tommy Fernandez

Mutual fund distribution executives, get to know this platform, again.

The platform in question is Envestnet, a technology and unified wealth management services geared at independent advisors.

The open-architecture TAMP is going gangbusters in growth efforts, adding functionality, expertise and services to lure more advisors on. For example, last week the platform launched liquid endowment portfolios last week. (That's not a '40 Act product per se, but the point is that the TAMP is doing a lot to expand its product line up in a variety of channels.)

"We're devoting a lot of money and resources to develop better technology and services, like portfolio management tools. So an advisor can leave a wirehouse and can replicate what he or she had there, but with a white label," James Patrick, executive vice president, advisor managed programs.

The initiatives are working. The platform currently serves over 30,000 advisors and will add on another 1,000 by May.

At year-end 2013, Envestnet boasted $45.7 billion assets under management, and $132.2 billion in assets under administration.

Patrick said the platform has over 11,000 products for advisors to choose from, and that number is growing.

Advisors are assisted in picking products and building portfolios by Michael Featherman, director of portfolio strategies.

According to Patrick, the platform does not charge any upfront costs to advisors, instead it charges fees based on usage. Funds don't pay anything to be on the platform.

"We don't participate in revenue share. We are not a traditional partner," he said. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - ESG, Proxy Voting and Engagement — Where DOL and SEC Regulation has Been and Where it May be Going, February 25
  2. IDC Foundations for Fund Directors, Mar 1-2
  3. MFDF webinar - Board Oversight of ETFs, March 3
  4. FinReg Outlook 2021, March 10
  5. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  6. Irish Funds North American Digital Seminar, March 11
  7. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  8. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  9. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  10. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  11. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  12. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  13. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  14. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  15. ETF.com Awards 2020, April 20
  16. The 31st Sub-Advised Funds Forum, Apr 20-21
  17. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  18. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  19. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  20. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  21. ICI 2021 General Membership Meeting - Day 1, May 6
  22. ICI 2021 General Membership Meeting - Day 2, May 13
  23. 2021 FINRA Annual Conference, May 18-20
  24. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  25. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  26. Irish Funds Online Annual Global Funds Conference 2021, May 19-20




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use