ENVESTNET UNVEILS KEY TRENDS ESSENTIAL TO ADVISOR GROWTH IN 2024
BERWYN, Pa., Dec. 18, 2023 /PRNewswire/ -- With 2023 coming to a close, Envestnet, Inc. (NYSE: ENV), a leading provider of integrated technology, intelligent data and wealth solutions, announces significant trends shaping the future of financial advice. Drawn from research published by Envestnet's Market Intelligence Team, including an analysis of market data, third-party research, as well as an Envestnet survey fielded earlier this year, the comprehensive report highlights the evolving landscape of financial advisory services and the increasing role of technology in the sector – suggesting key themes and trends that will power advisor growth and shape the financial advice industry in 2024 and beyond.
- "Our research highlights key trends such as industry and tech stack consolidation and convergence, the shift towards more complete financial life management, the growth opportunity for advisors offering retirement plans, and leveraging data and AI to provide personalized services.
- Envestnet | MoneyGuide has been ahead of this trend, providing tools to enhance capabilities for advisors whose practices incorporate financial planning.
- Empower and Envestnet recently partnered to launch an experience allowing plan sponsors to optimize retirement saving and planning for participants.
- Financial advisors interested in learning more about these trends and insights are encouraged to contact Envestnet Market Intelligence for more information about the report.