CHICAGO, May 4, 2012 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV), a leading provider of innovative investment and practice management solutions for financial advisors, concluded its "2012 Advisor Summit: Changing the Rules" today with a keynote address on approaches to the bond market in a time of low yield and high volatility by Zane Brown, partner and fixed-income strategist with Lord, Abbett & Co.

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Throughout the three-day summit, held at the Westin Chicago River North, advisors, investment strategists, technology providers and other industry thought leaders had the opportunity to discuss best practices for advisory firms and a variety of portfolio construction strategies through a series of presentations, breakout sessions, panel discussions and networking opportunities. The summit also featured an event honoring Women Leaders in Finance and the unveiling of Envestnet's new Advisor Suite user interface.

"The theme of 'Changing the Rules' has never been more applicable, and advisors are uniquely positioned to leverage technology and new channels of communication to proactively address the emerging needs of investors," said Jud Bergman, Chairman and Chief Executive Officer, Envestnet. "We are confident that the insights from the Summit will empower participants and strengthen their client relationships."

Following the keynote presentation on the bond market, attendees participated in breakout sessions covering topics including U.S. equity investing at a time when S&P 500 earnings are at record highs, the generational question of how to reach young investors and how advisors can use impact investing to grow their practices. Presenters and panelists represented a variety of firms including Tactical Allocation Group, Frontier Asset Management, Portfolio Resources Group, Veris Wealth Partners and The Beringer Group, in addition to Envestnet | PMC and Envestnet, Inc.

"Great things happen when great minds come together with a dedicated focus," said Ron Fiske, Envestnet Managing Director, Strategic Partners and the Conference Chair. "The success of this conference underscores Envestnet's deep commitment to advisor education. I think every advisor here was able to come away with a greater understanding of the trends, strategies and solutions that will empower their practices to succeed in this trying environment."

Lord, Abbett & Co. and Wilshire Associates were the Elite Sponsors of the 2012 Advisor Summit. Other sponsors include Brinker Capital, DANA, Lazard, Nuveen Investments, SMH Capital Advisors, Tactical Allocation Group, Vanguard and William Blair.

ABOUT ENVESTNET (NYSE: ENV)

Envestnet, Inc. (NYSE: ENV) is a leading provider of technology-enabled wealth management solutions to investment advisors. Envestnet's Advisor Suite® software empowers advisors to better manage client outcomes and strengthen their practice. Envestnet offers advanced portfolio solutions through its Portfolio Management Consultants Group, Envestnet | PMC®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software. Envestnet | Prima provides institutional-quality research and due diligence on investment and fund managers. Envestnet | Vantage™ gives advisors an in-depth view of clients' investments, empowering them to give holistic, personalized advice.

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

SOURCE Envestnet, Inc.