Envestnet is thrilled to announce it won a 2018 Private Asset Management (PAM) Award in the category of Best Investment Platform – Innovation earlier this month for the impact investing suite of solutions available through Envestnet | PMC, its Portfolio Management Consultants group.
The Awards recognize the top industry professionals in the private asset management field and their accomplishments over the year.
"We continually strive to innovate in new and exciting ways to enhance our platform and offerings for advisors and financial enterprises, and we are honored to see our efforts recognized at this year's PAM Awards," said Bill Crager, President at Envestnet.
PMC's Impact Investing platform offers diversified investment solutions for investors through portfolios that span environmental, social, and governance (ESG) priorities and preferences.
The portfolios are available in active and passive mutual funds, ETFs, and separate accounts, including smart beta and direct indexing solutions.
Investment managers chosen for the platform consistently beat their benchmarks on a risk-adjusted basis while fulfilling ESG objectives, and are vetted thoroughly through partnerships with industry leaders, Veris Wealth Management and Sustainalytics.
The platform features approximately 100 impact asset managers, offering 250 solutions.
In the last year, Envestnet advanced its capabilities by rolling out multiple technology enhancements; engaging in new and strategic partnerships, such as the acquisition of FolioDynamix; and working diligently to enhance its unified platform.
As its wealth management network continues to grow, Envestnet is well-positioned to empower advisors and enterprises with the innovative solutions they need to more fully understand their clients and deliver better outcomes for clients.
The PAM Awards are awarded annually by Private Asset Management, a financial services industry trade publication.
Firms are invited to compete for awards in various categories and a panel of independent industry experts selects the nominees and winners based on a number of qualitative and quantitative performance indicators.
