New Envestnet Credit Exchange Integrates Lending Solutions into Advisors' Wealth Management Practices
"We are excited to partner with ACE. Our partnership allows us to serve advisors and their clients an even broader suite of financial wellness solutions," said
The Envestnet Credit Exchange will seamlessly connect select lenders with
"We understand the importance of lending services to overall financial wellness and look forward to working with
Credit options considered for launch include consumer loans such as securities-based, residential real estate, unsecured personal loans, fine art and other luxury asset backed loans, and additional options. The offering will also include commercial and business loans, which will be introduced at a later time. These loan options fit advisors' need to support a variety of client financial goals, including cash flow, education, home purchase/refinance, business investment, tax obligations and other large-ticket needs.
Attendees at the 2019 Envestnet Advisor Summit® will be the first to see an in-person demonstration of the platform in anticipation of the formal rollout of the tool. The Envestnet Advisor Summit will be held in
Envestnet Wealth Solutions enables enterprises and advisors to better manage client outcomes and strengthen their practices through its leading Wealth Management Operating System and advanced portfolio solutions. Envestnet Tamarac provides portfolio management, reporting, trading, rebalancing and client portal solutions for registered independent advisors (RIAs). Envestnet Data & Analytics provides intelligent solutions that enable dynamic innovation through its Envestnet Yodlee platform.
More than 3,500 enterprises and over 96,000 advisors including: 15 of the 20 largest U.S. banks, 43 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisors, and hundreds of Internet services companies leverage
This document refers to information products or services that may be in development and not yet available. Accordingly, nothing in this document should be construed as a representation or legal agreement by
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About Advisor Credit Exchange
The team at Advisor Credit Exchange (ACE) has led banking and lending businesses at wealth management firms for more than 30 years, culminating in the creation of the ACE platform and its launch this year with Envestnet. ACE's primary focus is to arm advisors with pre-qualified, advice-driven programs to provide loans to clients in connection with a select group of specially selected lenders. ACE significantly enhances the efficiency and effectiveness on the lending business for advisors.
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