Envestnet Elevate 2025 Underway in Las Vegas, Showcasing the WealthTech and Solutions Driving Advisor Growth

Premier Wealth Industry Event Offers Technology, Insights And Strategies To Help Advisors Scale, Personalize and Boost Productivity

BERWYN, Pa., April 9, 2025 /PRNewswire/ -- Envestnet's signature event, Elevate 2025, opens this week in Las Vegas, bringing together more than 2,000 financial advisors, RIAs, enterprise leaders, and fintech innovators for an immersive experience focused on transforming the future of financial advice. Against the backdrop of rising client complexity, technology consolidation, advisor shortages, and unprecedented demand for scale, Elevate showcases the essential role Envestnet's integrated wealth management platform plays in empowering firms to drive growth, boost productivity, and help deliver better financial outcomes for their clients.

By 2034, it's predicted the industry will face a shortage of roughly 100,000 financial advisors if current productivity levels persist1. With the increasing demand for financial advice, the growing wealth of Americans, and the rising complexity of their financial needs, the stakes have never been greater for advisors to seize advances in wealth technology and solutions to grow and scale their business.

In what has been a transformative year for Envestnet – now with its new CEO Chris Todd at the helm – the company is set to catalyze further industry change, reshaping the landscape of wealth management, while maintaining its core focus of supporting advisor growth.

"Envestnet has built an extraordinary foundation that redefined what financial advice could be, and how advisors would deliver it. This year, we've opened a new chapter for the company, in what we can deliver, how we can invest and in where we will innovate," said Chris Todd, CEO of Envestnet. "We're focused on delivering a more connected platform, AI-powered insights, and unmatched choice through the industry's broadest suite of asset management solutions that advisors need to grow, scale, and serve their clients better. Envestnet has long set the standard for how advice is delivered—and now, we're building the next chapter with innovation, velocity, and a relentless focus on driving better business and financial outcomes."

At Elevate, Envestnet's WealthTech and solutions take center stage, with content delivered through inspirational keynotes, engaging breakout sessions and networking with some of the industry's best and brightest.

For live updates during Envestnet Elevate 2025, follow us on social media on LinkedIn, and join our conversation by using hashtag #ENVElevate. Click here for more information on this year's program schedule and keynote speakers, with key agenda highlights and content below:

Envestnet Elevate 2025 – Conference Highlights

All in on Technology

A range of technology updates have been introduced across the Envestnet platform to address advisor needs, with additional features on the roadmap to be released later this year, including:

• Advisor Traded Sleeves within UMA
• New Prospect Tools within the Envestnet & Envestnet | MoneyGuide Client Portals
• Expanded Alternative Investments (Alts) Integrations
• New PDF Output for MoneyGuide (Available End of Year)
• Dashboard AI Agent for Dynamic Dashboards, Powered by Natural Language Query (NLQ)

"We're showcasing the solutions that offer advisors greater flexibility, like customizable UMA sleeves and enhanced portfolio construction capabilities. We'll also highlight how we've gone all-in on AI, with tools to improve both the advisor and client experience," said Molly Weiss, Group President of Wealth Management Platform at Envestnet.

AI-Driven Insights

Envestnet has integrated real AI into its workflow – a practice foundational to its business, delivering actionable, data-driven insights tailored to both client needs and advisor practices. Allowing advisors to leverage the power of AI all in one system, these insights are backed by the vast intelligence drawn from over $6.5 trillion in platform assets.

Envestnet's Insights Engine analyzes client data to uncover opportunities, risks, and pain points that can help advisors stay one step ahead of client needs. The Envestnet Insights Engine leverages 25 million daily unique insights across 100+ categories, including wealth, held-away assets, financial planning, tax management, non-managed, and predictive insights2.*

The top 10 insights leveraged by advisors across Envestnet's platform in the first quarter include:

Top Ten Enterprise Advisors:

• Non Managed Account with Underperforming Product
• Non Managed Account with High Fee Product
• Non Managed Cash Concentration
• Non Managed Single Stock Concentration
• Managed Account at a Loss
• Significant Client Outflow
• Non Managed Small Cap Concentration
• Significant Client Inflow
• IRA Contributions
• Underperforming Products

Top Ten RIA:

• High Value Held Away Planning Account
• Retiring This Year
• Financial Plan Needs Update
• Generate New Plan Report
• Life Insurance Gap
• Tax Loss Harvesting
• Underperforming Products
• Need Health Care Goal
• Held Away Planning Account with Underperforming Product
• Required Minimum Distribution Starting

Expanding the Financial Planning Experience

Envestnet | MoneyGuide continues to lead the way in industry adoption and innovation of financial planning. Over the past 18 months, about a third of all advisors have used MoneyGuide's tools to create financial plans for clients, with more than 7 million created on the platform over the past two years alone.3

Once again the overall market share leader in the 2025 T3/Inside Information Advisor Software Survey, the solution was featured across three separate categories —for MoneyGuidePro, MoneyGuideElite, and MoneyGuideOne. The brand's combined leadership across categories mark its 18th consecutive year of industry leadership.

At Elevate, advisors can explore the new MoneyGuide features designed to improve both the speed and engagement of the financial planning process, which include a visual family tree for discovery, expanded tax planning capabilities, a new retirement living analysis, and scenario builders for the cash flow engine.

"A key focus has been developing advanced income planning tools to help advisors deliver tailored, tax-efficient strategies during the distribution phase, helping their clients retain more of what they earn during their golden years. By integrating secure income, total income, and tax planning tools into one seamless experience, advisors are equipped to deliver dynamic and impactful plans – further demonstrating their value throughout the planning process," said Matt Wilson, Head of Moneyguide Sales at Envestnet | Moneyguide.

Alternatives in Action

Envestnet has long been a leader in enabling advisors to offer sophisticated investment strategies to high-net-worth (HNW) clients at scale. After improving portfolio management capabilities and access to separately managed accounts (SMAs) and unified managed accounts (UMAs), the firm is now focused on bringing the same innovation to a fast-growing area of the industry -- alternative investments.

Building on existing integrations with iCapital and CAIS, Envestnet is expanding its alternatives data partners to include two leaders in the alternative investment reporting space, Canoe Intelligence and Arch, so that clients can access alternatives reporting available through Envestnet.

Arch aggregates alternative investment statements and documents from managers and portals, streamlining reporting while also collecting K-1s, delivering automated workflows for capital calls, and generating insights on private markets portfolios.

Canoe is redefining alternative investment intelligence through AI-driven, cloud-based software that automates and streamlines alternative investment workflows. Integrating with over 500 GP and administrator portals, Canoe extracts key data points to streamline the process and ensure accurate, real-time insights for advisors and their clients.

"We are strengthening our alternative investment infrastructure and capabilities, by integrating with partners to broaden the range of alts data available to advisors across our platform," said Dana D'Auria, CFA, Co-Chief Investment Officer and Group President of Envestnet Solutions. "Looking ahead, we're working with our asset management partners to deliver model portfolios that include allocations to semi-liquid funds, as well as developing platform functionality that will make certain semi-liquid and illiquid alternative strategies accessible in UMAs through advisor-traded sleeves – all on our roadmap to be completed by the end of this year."

Envestnet thanks its Elevate Premier sponsors BlackRock, Fidelity, Franklin Templeton, and State Street Global Advisors SPDR, who along with its Platinum sponsors Alliance Bernstein, Janus Henderson Investors, Northern Trust Asset Management and Nuveen; and Gold sponsors BOK Financial Advisor Trust Services, First Trust, Goldman Sachs, iCapital, MFS Investment Management, Morningstar, PIMCO, Russell Investments, Vanguard; 59 exhibitors, nine technology partners and four emerging partners that help make Elevate an unforgettable and industry-leading experience.

Don't miss the many sessions and breakouts at Elevate 2025 that will cover the topics highlighted here, and much more.

Disclosure: Through its annual T3/Inside Information Software Survey, Technology Tools for Today looks at the most popular fintech tools, services and solutions advisors are using. Neither Envestnet nor its affiliates paid any fees to be considered and this is not indicative of Envestnet's future performance. The results of the annual survey were announced in March 2025, with evaluation based on the survey fielded anonymously, December 2024 through February 2025.

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 approximately $6.5 trillion in platform assets, Envestnet technology and services are trusted by more than one-third of all financial advisors. Many of the largest U.S. banks, wealth management and brokerage firms, and RIAs depend on Envestnet to help drive business growth and productivity—and deliver better outcomes for their clients.

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 (@Envestnet_).

1 McKinsey, The looming advisor shortage in US wealth management, February 10, 2025
2 Source: Envestnet Insights Enginedata as of 3/31/25, reflecting both Envestnet Wealth and RIA customers generating 25M daily insights.
3 Envestnet | MoneyGuide platform data is as of April 1, 2025.

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