Press

 

Securities America Partners With Envestnet | Retirement Solutions

ERS to Provide Securities America’s 2,000+ Advisors with a Single Platform to Create and Manage Solutions for Retirement Plan Sponsors

by Envestnet | Retirement Solutions - May 7, 2015


CHICAGO, IL, May 7, 2015—Envestnet | Retirement Solutions (ERS), a majority-owned subsidiary of Envestnet, Inc. (NYSE: ENV), announces that Securities America, Inc. will offer its more than 2,000 independent advisors access to ERS’s leading retirement advisor workstation. Securities America’s advisors will be able to leverage ERS’s platform to more effectively and efficiently meet the needs of retirement plan sponsors.

“ERS will transform our advisors’ practices by providing them with a single, integrated platform to access retirement plan services and solutions,” said Paul Lofties, CFP®, ChFC, Senior Vice President of Wealth Management and Product Strategy, Securities America. “In addition, ERS’s powerful data aggregation, reporting and monitoring capabilities will help our advisors remain compliant in today’s fiduciary-centered environment.”

ERS will provide Securities America advisors with access to fiduciary, asset management, fee disclosure, and managed account services for retirement plans from one unified platform. Securities America’s advisors can also leverage ERS’s model management and 408(b)2 services, and create customized client-facing reports using the ERS system.

“Our integrated data aggregation network will enable Securities America to build a complete, auditable reporting system to track and manage the firm’s retirement plan business,” said Babu Sivadasan, Group President, ERS. “We look forward to working with Securities America to provide its advisors and plan sponsor clients with enhanced solutions and transparency.”

About Envestnet | Retirement Solutions

Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective and fully-aligned standard of care, and empower advisors to deliver better outcomes.

Envestnet | Retirement Solutions (ERS), a subsidiary of Envestnet, Inc., provides retirement advisors with an integrated platform that combines one of the industry’s leading practice management technology, research and due diligence, data aggregation, compliance tools, and intelligent managed account solutions. ERS leverages Envestnet’s advanced capabilities and resources, along with its experience in investment research, portfolio construction and investment management, to meet the specialized needs of each retirement plan stakeholder, from plan participants to sponsors, advisors to home offices and record keepers to DCIOs.

For more information on Envestnet | Retirement Solutions, please visit www.envestnet.com.

About Securities America

Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), is one of the nation’s largest independent broker-dealers with more than 2,000 independent advisors and $55 billion in client assets.

For more information on Securities America, please visit www.securitiesamerica.com.

Media:
Laura Simpson
JCPR
lsimpson@jcprinc.com
973.850.7319

 

Information is current only as of the date(s) indicated on the materials. We do not have any current intention, and expressly disclaim any obligation, to supplement, update or revise any of the information in these documents. The information contained in these documents should be considered accurate only as of the date of the relevant document. This information may change over time; therefore, visitors to this web site should not assume that the information contained in these documents remains accurate at a later time. Envestnet, Inc.'s press releases, presentations and printed remarks are included on this website for historical purposes only.

Except for historical information and discussions, statements set forth throughout this web site may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 or other applicable laws. These statements involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially, as discussed in the company's filings with the U.S. Securities and Exchange Commission.

Envestnet, Inc.'s financial performance is subject to risks and uncertainties, some of which are discussed in forward-looking statements contained in its reports filed with the U.S. Securities and Exchange Commission. Actual results may differ materially from those described in the forward-looking statements. The stock data above is presented for informational purposes only and is not intended for trading purposes. Stock information may be delayed and reflects stock splits. Historical investment performance is not an indication of future performance.

The information provided on the Investor Relations pages is hosted by a third party. Envestnet, Inc. does not control and is not responsible for any third party content and makes no representations as to the timeliness or accuracy of such content.

 

Interested in taking a look at ERS?