Envestnet | Retirement Solutions

401 (k) Retirement Plans (Service)

Envestnet, Inc. (NYSE: ENV) is the leading provider of intelligent systems for wealth management and financial wellness. Envestnet’s unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes. Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research, data aggregation, and fiduciary managed account solutions. For more information on Envestnet, please visit www.envestnet.com.


Envestnet | Retirement Solutions

Envestnet | Retirement Solutions (ERS) now supports more than $23 billion in assets under advisement through its customized, portable 3(21) and 3(38) outsourced fiduciary service, Envestnet Fiduciary Advantage™. Many leading financial institutions utilize Envestnet Fiduciary Advantage to deliver fiduciary services and protection to advisors working with retirement plan sponsors. Envestnet Fiduciary Advantage can be easily integrated with each plan’s current retirement services provider, and offers comprehensive services such as:

  • Investment allocation recommendations with corresponding research reports.
  • Ongoing and rigorous investment monitoring.
  • Quarterly monitoring reports.

In addition, ERS is in the process of launching Foundational Retirement Solutions, a suite of collective investment trusts (CITs). Up to this point, CITs—which offer a more efficient and flexible structure for ERISA retirement plans, and lower the cost of investing for participants—have been utilized only by the largest plans. The Foundational Retirement Solutions suite enables all plans, regardless of assets under management or amounts of participants, to experience the potential benefits of CITs. ERS is also partnering with The Retirement Advisor University (TRAU) to deliver the Essential Retirement Advisor, a fully platform-integrated fiduciary training program which builds a bridge for wealth advisors to the retirement plan marketplace. It provides advisors with continuing practice management and fiduciary education to meet their obligations and thrive in a fee-based environment. TRAU’s comprehensive program, developed in conjunction with the Envestnet Institute, authorizes advisors to deliver proprietary fiduciary training content online and in-person to their plan sponsor clients and prospects.

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Key Business Leader

Babu Sivadasan
Group President, Envestnet | Retirement Solutions

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