Partnership to Provide Seamless Financial Planning Experiences for Financial Services Customers in the United States

BERWYN, Pa., May 13, 2024 /PRNewswire/ -- Envestnet, a leading provider of integrated technology, intelligent data, and wealth solutions, and Salesforce, the global leader in CRM, today announced a partnership to deliver a connected and seamless financial planning experience for Envestnet customers using Salesforce's Financial Services Cloud (FSC).     

Envestnet is transforming the way financial advice is delivered through an ecosystem of technology, solutions, and intelligence. By establishing the connections between people's daily financial decisions and long-term financial goals, Envestnet empowers them to make better sense of their finances and live an Intelligent Financial Life™. For more information, visit www.envestnet.com. (PRNewsfoto/Envestnet)

The goal of the partnership is to deliver a more unified platform experience for wealth advisors and to help solve key pain points including, operating across multiple systems and applications as well as the lack of data parity between CRM and financial planning platforms. With Envestnet's award-winning1 financial planning capabilities—MoneyGuide—this collaboration will give advisors using Salesforce FSC access to a seamless financial planning experience – from within their CRM platform.

The value of this partnership for advisors and financial services professionals in the United States will include the ability to: 

  • View financial plan information for clients within their CRM, gaining a seamless 360 view of the client.
  • Target and track clients by where they are in their planning journey using actionable segmentation dashboards.
  • Launch directly into the planning household in MoneyGuide to take action.
  • Unify customer behavioral and financial data across an advisor's practice.
  • Simplify advisor team collaboration with a single source for all financial planning-related activities.

"Our partnership with Envestnet is driven by a shared goal: to deliver innovative solutions that streamline the financial planning process and empower wealth advisors to be more productive," said Eran Agrios, SVP & GM of Financial Services, Salesforce. "Together, we're providing advisors and financial services professionals with the data-driven tools needed to deepen client relationships and guide them in achieving their financial goals." 

Envestnet and Salesforce will be working closely together to preview the combined capabilities at Envestnet's upcoming annual conference Elevate.

"Financial planning is more critical than ever in today's wealth management landscape," said Matt Wilson, Head of MoneyGuide Sales at Envestnet. "Dashboard views provide an advisor insight into their entire book of business. By easily segmenting those clients approaching retirement, for example, an advisor can proactively identify new account and rollover opportunities, income strategies, or potential tax planning strategies. Our collaboration with Salesforce empowers advisors to deliver personalized and comprehensive financial advice to their clients across any life stage and wealth level."

*Salesforce and others mentioned in this press release are among the trademarks of Salesforce, Inc.

Envestnet and Salesforce are separate and unaffiliated firms. This release should not be construed as a recommendation or endorsement of any particular product, service, individual or firm.

About Envestnet

Envestnet is helping to lead the growth of wealth managers and transforming the way financial advice is delivered through its ecosystem of connected technology, advanced insights, and comprehensive solutions – backed by industry-leading service and support. Serving the wealth management industry for 25 years with more than $6 trillion in platform assets—more than 109,000 advisors, 17 of the 20 largest U.S. banks, 48 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs -- thousands of companies, depend on Envestnet technology and services to help drive business growth and productivity, and better outcomes for their clients.  Data as of 3/31/24.

Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). For a deeper dive into how Envestnet is shaping the future of financial advice, visit www.envestnet.com. Stay connected with us for the latest updates and insights on LinkedIn and X (@ENVintel).

MEDIA CONTACTS:

Amy Norcini
Envestnet
amy.norcini@envestnet.com

Andrew Jennings | JConnelly for Envestnet
envestnetpr@jconnelly.com

1 2024 T3 Advisor Software Survey, Envestnet | MoneyGuide 17th consecutive year ranked #1 financial planning software

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SOURCE Envestnet, Inc.

Copyright 2024 PR Newswire

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