CHICAGO, May 7, 2015 /PRNewswire/ -- 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 Contact: Laura
Simpson
JCPR
(973) 850-7319
lsimpson@jcprinc.com
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SOURCE Envestnet | Retirement Solutions