BERWYN,
Pa., March 3, 2025 /PRNewswire/ -- Key
Wealth, the wealth management business of KeyBank and Envestnet, a
leading provider of integrated technology, intelligent data, and
wealth solutions, announced today that they have expanded their
multi-year relationship. This collaboration will deliver Key Wealth
advisors a comprehensive next-generation wealth management
platform, equipping them with cutting-edge tools to help clients
navigate increasingly complex financial needs.
Through this enhanced relationship, Key Wealth advisors will
gain full access to Envestnet's industry-leading wealth management
technology and data-driven solutions, enabling a more personalized
and holistic approach to financial planning, investment management,
and client engagement. The platform's expanded capabilities will
support:
- Digital Client Experience — A seamless and intuitive
interface that enhances collaboration between advisors and clients,
offering greater transparency and insights into financial
decisions.
- Integrated Financial Planning — Advanced tools to create
tailored strategies that align with clients' short-and long-term
financial goals.
- Portfolio Management & Analytics — Enhanced
investment solutions, including risk analysis, tax overlay, and
AI-driven insights, designed to help advisors personalize client
portfolios and grow their practices.
"Expanding our strategic relationship with Envestnet is a
significant step in Key's journey to unify the technology platforms
across our expanding Wealth business," said Joe Calabrese, Chief Operating Officer at Key
Wealth. "By leveraging Envestnet's comprehensive capabilities
and platform, we're positioning our advisors in the best way
possible to address and solve for the financial needs of their
clients, and deliver the most holistic wealth planning
experience."
"We are thrilled to partner with Key Wealth, empowering their
advisors with Envestnet's ecosystem of integrated technology,
intelligent data, and wealth solutions that drives efficiency,
scale, and full integration and works seamlessly within an
advisor's workflow," said Molly
Weiss, Group President of Wealth Management Platform at
Envestnet. "Key Wealth's commitment to innovation at the
intersection of banking and wealth management makes them an
exciting partner for us, and we look forward to collaborating on
the future of holistic wealth management. By leveraging our modern,
integrated platform, Key Wealth advisors will be equipped with the
tools they need to deliver personalized experiences and improved
client outcomes at scale."
For more information about Key Wealth,
visit https://www.key.com/kpb/index.html.
About Key Wealth
Key Wealth is the wealth management business of KeyCorp
(NYSE:KEY) one of the nation's largest bank-based financial
services companies with assets of approximately $61 billion at December
31, 2024. Key Wealth provides financial planning,
investment, fiduciary, banking and credit, insurance and business
solutions tailored to meet our clients' specific goals and needs.
Key Wealth which includes Key Private Bank, Key Family Wealth and
Key Institutional Advisors has served our HNW, UHNW and
Institutional segments for nearly 200 years.
Key Wealth, Key Private Bank, Key Family Wealth, KeyBank
Institutional Advisors and Key Private Client are marketing names
for KeyBank National Association (KeyBank) and certain affiliates,
such as Key Investment Services LLC (KIS)
https://www.key.com/kpb/our-approach/kis-disclosures.html) and
KeyCorp Insurance Agency USA Inc.
(KIA).
Non-Deposit products are: NOT FDIC INSURED ● NOT BANK GUARANTEED
● MAY LOSE VALUE ● NOT A DEPOSIT ● NOT INSURED BY ANY FEDERAL OR
STATE GOVERNMENT AGENCY
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 $6.5 trillion in
platform assets—more than 111,000 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 9/30/2024. 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).
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SOURCE Envestnet
