Envestnet

Lincoln Financial Group Introduces Side-by-Side Pooled Employer Retirement Solutions for Businesses and Not-for-Profit Organizations

Retrieved on: 
Wednesday, April 3, 2024
Banking, Personal Finance, Professional Services, Finance, Research, Lincoln, Lincoln National Corporation, Organization, Exhibit, LNC, Envestnet, Small business, PEPS, Retirement, PEP, Bureau of Labor Statistics, Financial adviser

Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.

Key Points: 
  • Lincoln Financial Group (NYSE:LNC) announces the launch of FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans (PEP) for 401(k) and 403(b) plans, respectively.
  • These tailored solutions add to Lincoln’s lineup of group plan solutions totaling more than $1.3 billion in assets.
  • “We’re seeing an uptick in the adoption of group plan solutions as employers look to streamline their retirement plan administration, minimize costs and enhance fiduciary protection,” said Matt Condos, senior vice president, Retirement Plan Services Product Solutions, Lincoln Financial Group.
  • For more information about Lincoln’s full suite of retirement solutions, including OpenPEP , visit our group retirement plan pages for employers and financial professionals .

Skience Awarded Patent for its Financial Account Opening Workflows and Integrations

Retrieved on: 
Wednesday, March 13, 2024
Professional Services, Data Management, Business, Technology, Software, Finance, Fintech, Envestnet, Patent, CRM, Organization

Skience , a leading fintech platform that helps financial advisors and wealth management organizations digitally transform their operations and enable business growth, today announced the awarding of Patent No.

Key Points: 
  • Skience , a leading fintech platform that helps financial advisors and wealth management organizations digitally transform their operations and enable business growth, today announced the awarding of Patent No.
  • 11,900,462 B2 from the United States Patent and Trademark Office for its proprietary systems and methods that automate and improve the creation and maintenance of financial accounts, including the related integrations.
  • Based on that signed form, the system can then open and even fund a new account with the selected custodian.
  • “We are honored to be recognized with this patent, signifying the spirit of innovation we bring to our solutions, platform, and consulting services.”

Goalsetter Secures $9.6 Million in Series A Extension Funding to Help American Families Learn to Save, Spend, Invest and Build Wealth

Retrieved on: 
Monday, March 25, 2024
Deutsche Bank, Health, Mutual aid (organization theory), MassMutual, TAMP, Gen, Learning, TIAA, Nike, Partnership, UBS, CEE, Social media, Council for Economic Education, Envestnet, Student, Woman, Liberty Bank, Council, Economics, Generation Z, Webster Bank, Language, InTouch, Parent

BROOKLYN, N.Y., March 25, 2024 /PRNewswire/ -- Goalsetter, an award-winning spending, saving, wealth building and financial education platform designed for the whole family, announced today the closing of a $9.6 million Series A extension round. This newest round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund. Series A investors Fiserv, Webster Bank, Seae Ventures, Astia Fund, and Partnership Fund for New York City also participated in the round along with new investors Reseda Group and InTouchCU.

Key Points: 
  • BROOKLYN, N.Y., March 25, 2024 /PRNewswire/ -- Goalsetter, an award-winning spending, saving, wealth building and financial education platform designed for the whole family, announced today the closing of a $9.6 million Series A extension round.
  • This newest round for Goalsetter was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund.
  • The Series A extension funding will give Goalsetter the runway necessary to continue forging new B2B alliances while successfully implementing existing programs ahead of a Series B raise.
  • "Our new Series A extension marks a significant milestone for Goalsetter as we continue to redefine financial education and inclusion across America," said Goalsetter Founder and CEO Tanya Van Court.

IFG Expands Partnership with Envestnet to Offer its Advisors Full Access to Industry's Most Connected and Scaled Wealth Management Platform

Retrieved on: 
Wednesday, March 13, 2024
ACE, Partnership, Independent, Envestnet, Senior, CFA, PMC, Retirement, CAIA, Financial adviser

BERWYN, Pa., March 13, 2024 /PRNewswire/ -- Independent Financial Group, LLC (IFG), a San Diego-based independent broker-dealer, in keeping with its mission to provide best-in-class resources and support for unrivaled service, has strengthened its ongoing partnership with Envestnet empowering its network of more than 600 independent financial professionals with increased access to Envestnet's ecosystem of wealth management solutions.

Key Points: 
  • IFG also recently implemented the Envestnet Credit Exchange, powered by the Advisor Credit Exchange (ACE), into its network.
  • IFG's affiliated professionals now have access to high-quality banking and lending solution providers, enabling them to holistically service their clients.
  • "Our partnership with Envestnet has enabled advisors in our network to further improve the quality and extent of their services.
  • Since 2020, IFG has leveraged its partnership with Envestnet to provide solutions including Envestnet's Wealth Management Platform, PMC investment solutions including tax overlay -- and financial planning services through Envestnet | MoneyGuide.

Envestnet Named Asset Management Platform of the Year in Wealth Solutions Report's Inaugural Wealth Exemplar Awards Program

Retrieved on: 
Friday, March 8, 2024
Envestnet, Philosophy, Investment, News, Growth, ETF, Trust, Spinal muscular atrophies, Research, Editorial, Cryptocurrency

BERWYN, Pa., March 8, 2024 /PRNewswire/ -- Envestnet | PMC announced today that it has won a WSR Wealth Exemplar Award for Asset Management Platform of the Year. This award recognizes companies with a significant presence in the wealth management industry that operate as third-party asset managers and serve B2B wealth management platforms.

Key Points: 
  • BERWYN, Pa., March 8, 2024 /PRNewswire/ -- Envestnet | PMC announced today that it has won a WSR Wealth Exemplar Award for Asset Management Platform of the Year.
  • This award recognizes companies with a significant presence in the wealth management industry that operate as third-party asset managers and serve B2B wealth management platforms.
  • "We are honored to receive the Asset Management Platform of the Year Award from Wealth Solutions Report," said Dana D'Auria, Co-Chief Investment Officer and Group President, Solutions, Envestnet.
  • "Envestnet delivers a leading Wealth Management Platform, serving more independent assets, financial advisors, and accounts than anyone in the marketplace.

Ocrolus and Envestnet | Yodlee Partner to Enhance Financial Statement Upload Capabilities

Retrieved on: 
Tuesday, March 5, 2024
Envestnet, Automation, Partnership

Through the partnership, Ocrolus technology will enable Envestnet | Yodlee customers to gather financial data from uploaded documents, such as bank and income statements to supplement data from digital sources.

Key Points: 
  • Through the partnership, Ocrolus technology will enable Envestnet | Yodlee customers to gather financial data from uploaded documents, such as bank and income statements to supplement data from digital sources.
  • By providing end-users with the option to either submit documents or digitally connect bank accounts, Envestnet | Yodlee now expands its document coverage capabilities.
  • "We are thrilled to partner with Envestnet | Yodlee to provide a more comprehensive and smoother customer experience across a variety of financial services use-cases."
  • "With added document automation capabilities, Envestnet | Yodlee will improve and streamline the onboarding process for credit and lending use cases."

NaaS stocks jumped 70% in last two weeks. What happened?

Retrieved on: 
Thursday, February 8, 2024
ETF, CCSO, News, ELEC, RMB, Wind, Growth, Attention, Invesco, Envestnet, PBW, Network as a service, Cryptocurrency

As of the closing on February 7, its stock price reached $1.81 per share, 70% above its previous low.

Key Points: 
  • As of the closing on February 7, its stock price reached $1.81 per share, 70% above its previous low.
  • On February 8, 2024, NaaS announced that its charging network services achieved Net Take Rate (NTR，transaction-side gross profit) for the first time for January 2024.
  • In terms of overall profitability, NaaS' parent company, NewLink, announces that its refined oil business has become profitable.
  • With its continuous breakthroughs in the clean energy and solidification of market position, NaaS demonstrates enormous potential for long-term growth.

NaaS Technology Secured Investment from TAMP Giant Envestnet's Mutual Fund

Retrieved on: 
Friday, February 2, 2024
Carbon, PBW, Invesco, Ali Baba, PMC, EV, TAMP, Envestnet, ETF, Fidelity, Network as a service, ELEC, CCSO, QRG, Financial adviser

BEIJING, Feb. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included within the investment portfolio of PMC Diversified Equity Fund (PMDEX) in the fourth quarter of 2023.

Key Points: 
  • BEIJING, Feb. 2, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included within the investment portfolio of PMC Diversified Equity Fund (PMDEX) in the fourth quarter of 2023.
  • According to recently released SEC Form 13F data on US-based institutional investors, PMDEX, a mutual fund under the umbrella of global Turnkey Asset Management Platform (TAMP) giant Envestnet, has turned its attention to China's charging services market.
  • Envestnet (ENV.US) is one of the world's largest global TAMP platforms, and Envestnet PMC is part of the company's wealth management solutions business.
  • The fund has allocated for NaaS within its consumer retail category alongside other prominent companies such as Amazon, Pinduoduo, JD.com, and Alibaba.

Realta Wealth Announces Advisory Board of Highly Respected Wealth Management Industry Leaders

Retrieved on: 
Friday, January 26, 2024
Customer, MassMutual, Toronto-Dominion Bank, JD, Cetera Financial Group, Advisor Group, Partner, Face, LPL Financial, LPL, Envestnet, Growth, CPA, Sale, Running, Advisory board, Adviser, Marketing, Internet, Fintech, SVP, Management

WILMINGTON, Del., Jan. 26, 2024 /PRNewswire/ -- Realta Wealth ("Realta"), an exclusive independent wealth management firm, announced today its inaugural corporate advisory board comprised of experienced and respected wealth management industry leaders to provide the firm's leadership team with objective insights, expert analysis, informed counsel and relevant support regarding the firm's strategic direction.

Key Points: 
  • The three-member Realta Wealth Advisory Board will be led by Larry Roth, CPA, JD, Managing Partner of RLR Strategic Partners, as Board Chairman.
  • "We're honored that such a distinguished group of industry heavyweights accepted our invitation to join the Advisory Board," said Kevin Keefe, CEO of Realta Wealth.
  • "Each is a respected leader and influencer in the wealth management space.
  • The Advisory Board will assist senior leadership in developing a long-term offering strategy as Realta continues its transformation.

Ladder and Envestnet | MoneyGuide Announce Integration to Provide More Advisors Digital Access to Term Life Insurance Offerings

Retrieved on: 
Wednesday, January 24, 2024
Probability, Digital, Health, Partnership, Fintech, Education minister, Envestnet, Conference, Financial adviser

BERWYN, Pa., Jan. 24, 2024 /PRNewswire/ -- Today at the T3 Technology Conference, Ladder, the insurtech offering digital, flexible life insurance in minutes announced an integration with Envestnet | MoneyGuide, a leading financial planning software company serving over 107,000 financial advisors. This will empower more financial advisors with the capabilities to provide clients with term life insurance issued by reputable insurers.

Key Points: 
  • This will empower more financial advisors with the capabilities to provide clients with term life insurance issued by reputable insurers.
  • With this partnership, financial advisors utilizing Envestnet I MoneyGuide Elite's Advanced Lifetime Protection tool will be able to offer their clients digital, convenient, and affordable term life insurance.
  • Financial advisors will be able to estimate clients' coverage needs, generate a quote, and send clients a link to apply—all from within the Envestnet | MoneyGuide platform.
  • Ladder provides our advisors with digital access to   term life insurance products, with an integration built right into our protection planning solution."