ENVESTNET, INC. - ENV STOCK NEWS

Envestnet (NYSE: ENV) announced its participation in several upcoming virtual investor conferences. Notably, on March 1, 2021, they will engage in a fireside chat at The JMP Securities Technology Conference at 2:00 PM ET, followed by a presentation on March 3, 2021, at the Raymond James Institutional Investors Conference at 3:00 PM ET. Additionally, the Truist 2021 Technology, Internet and Services Conference will feature the company on March 10, 2021. Investors can access the presentations via the Company's investor relations website.

Envestnet | MoneyGuide has launched the MoneyGuideEngine, a set of financial algorithms now available for any personal finance-based digital offerings. This technology allows firms to integrate MoneyGuide's calculation APIs into their own planning tools, enhancing client engagement and streamlining financial projections. The MoneyGuideEngine supports goal-based investing, long-term financial planning, and self-directed planning. Envestnet, listed under the ticker ENV, aims to transform financial advice delivery, serving over 105,000 advisors across more than 5,100 companies.

On February 18, 2021, Envestnet, Inc. (NYSE: ENV) announced the launch of educational resources on impact investing for financial advisors through Envestnet | PMC. These materials cover trends, strategies, and how advisors can engage clients on impact investing. The curriculum includes guides on understanding impact investing, its importance, and practical applications. The growth of sustainable funds in the U.S. was highlighted, with a 392 fund count in 2020, attracting $51.1 billion in net flows. Envestnet's platform has seen significant interest in ESG strategies, with $17.6 billion in ESG assets as of September 30, 2020.

Envestnet (NYSE: ENV) has renewed its partnership with Cetera, enhancing access to its unified advice platform for over 8,000 independent financial professionals. The collaboration aims to empower financial advisors with integrated financial planning tools and data-driven solutions, promoting financial wellness among clients. Both firms are focused on expanding the breadth of financial advice available, leveraging technology to drive efficiency and improve client engagement. Notably, Cetera's My Advice Architect platform continues to gain accolades for its impact on advisors' success.

Envestnet, Inc. (NYSE: ENV) will announce its fourth quarter and full year 2020 financial results on February 25, 2021, after market close. A conference call to discuss these results will occur at 5:00 PM ET on the same day, with a live webcast available on the company's investor relations website. Envestnet aims to enhance the delivery of financial advice through its platform, utilized by over 105,000 advisors across numerous top financial institutions, including 17 of the 20 largest U.S. banks.

On February 10, 2021, Envestnet | MoneyGuide and MaxMyInterest announced a new integration aimed at enhancing advisors' capabilities to manage clients' cash balances. This partnership allows advisors using MoneyGuide to access clients' held-away cash balances and helps clients earn higher yields of up to 0.75% APY on FDIC-insured deposits. The integration is expected to improve advisor productivity while providing a streamlined cash management solution for clients.

Envestnet, Inc. (NYSE: ENV) has launched a new version of its Recommendations Engine designed for enterprise organizations. This tool efficiently analyzes wealth and industry data, presenting actionable insights to advisors through the 'Opportunities to Engage' dashboard. It aims to streamline client engagement by alerting advisors of key moments, enabling timely advice tailored to individual client needs. The platform integrates with data sources like Salesforce, enhancing operational efficiency. Interested parties can learn more in a webinar on January 27.

Envestnet, Inc. (NYSE: ENV) has enhanced its Tax Overlay Services through the launch of the Portfolio Diversification Service. This update allows financial advisors to implement customized tax optimization strategies on a larger proportion of client assets within unified managed accounts (UMAs). The new service enables advisors to manage assets deviating from targeted models while minimizing capital gains tax implications over time. This innovation aims to support high-net-worth clients in managing their tax obligations more effectively throughout the year.

Vestwell and Envestnet, Inc. (NYSE: ENV) have announced a strategic partnership aimed at modernizing retirement plan services. Through this collaboration, Vestwell advisors will gain access to Envestnet's 3(38) investment management services, enhancing their ability to offer comprehensive solutions to clients. Envestnet will provide fiduciary management while Vestwell will manage recordkeeping. This alliance focuses on improving efficiency for financial advisors and closing the retirement-savings gap, leveraging innovative technology to empower advisors and enhance client outcomes.