MAXIMIZE OPERATIONAL EFFICIENCIES
Envestnet provides at-hand resources that bring a new level of support to the financial community. By working with Envestnet, you’ll encounter a range of opportunities to maximize operational efficiencies and streamline your practice:
- Automated service requests
Through the Service tab, advisors can easily review client registration details and then intuitively enter service requests for them. Once a request has been made, advisors are able to monitor the status as: Active, Submitted, Rejected, or Completed. Request types include: Raise Cash, Setup of Withdrawals, Invest Contribution, Rebalance Registration, Change SIS, Harvest Gains or Losses, and Terminate: Liquidate or Hold. - Data aggregation
Extensive reporting capabilities are available for the high-end RIA or wealth manager running a Family Office practice. The ability to aggregate outside assets onto one unified reporting system enables you to offer customized reporting, generating reports that can be viewed at the level of detail that the user prefers. - Administration for trading and custodial functions
Our Regional Advisory Services teams act as your liaison to the various departments that handle back-office administration services with regards to trading and custodial functions for invested accounts. - Fee billing
Advisor fees can be updated through the online proposal generator, and billing reports are archived on our reporting system. - Compliance management
Our back-office administration services provide oversight to all necessary documentation needed in order to expedite the account opening process and ongoing maintenance of accounts.
