CHICAGO, May 14, 2014 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV), a leading provider of integrated wealth management technology and services to investment advisors and wealth managers, introduces a new multi-source online advisor portal, Envestnet Institute, to serve the ongoing educational needs of the independent advisor community.

Envestnet has partnered with Vanguard, Putnam Investments, Russell Investments and Brinker Capital to provide advisors with white papers, videos, webinars and other original content through Envestnet Institute. The portal was officially launched during the "2014 Envestnet Advisor Summit: The Next Big Idea," currently underway at the Hilton Chicago.

"Envestnet Institute reinforces Envestnet's mission to act as an advocate for independent advisors," said Zachary Karabell, Head of Global Strategy, Envestnet and curator of the website's academic content. "Through this broad online educational resource, financial professionals can access materials from multiple prominent firms that can help them improve service to clients and maintain professional accreditations."

Envestnet Institute's academic materials are available on a complimentary basis to all financial professionals, and include academic materials from a wide range of authors that can answer financial planning questions, provide practice management tips and deliver advanced industry commentary. Advisors will also be able to use the website to take online courses for financial services industry designations, and fulfill the continuing education requirements associated with those accreditations.  

Envestnet Institute was built in partnership with Wheelhouse Analytics, which serves the investment management industry through innovative technology solutions.

"We have teamed up with some of the most respected thought leaders in investment management to empower independent advisors at every stage of their careers and practices," said Ron Fiske, Managing Director, Events & Education, Envestnet. "We will continue to seek new opportunities to expand our offerings by adding new content partners that provide cutting-edge educational and other actionable materials reflecting the challenges and opportunities that the independent advisor community faces."

Financial professionals can register to utilize Envestnet Institute by visiting www.envestnetinstitute.com. For more information about the 2014 Envestnet Advisor Summit, please visit www.envestnet.com/advisorsummit.

ABOUT ENVESTNET (NYSE: ENV)
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective and fully-aligned standard of care, and empower advisors to deliver better results.

Envestnet's Advisor Suite^® software empowers financial advisors to better manage client outcomes and strengthen their practice. Envestnet provides institutional-quality research and advanced portfolio solutions through our Portfolio Management Consultants group, Envestnet | PMC^®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software.

For more information on Envestnet, please visit www.envestnet.com.

CONTACT: Laura Simpson

Jennifer Connelly Public Relations
(973) 850-7319
lsimpson@jcprinc.com

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SOURCE Envestnet, Inc.