Helping advisors cultivate and grow relationships with the next generation through wealth transfer planning.
Advisors Challenges
Integration Strengthens Soon-to-Launch Platform Powered by Trucendent, Delivering One-Stop Marketplace for Enabling RIAs & Broker-Dealers to Seamlessly Create, Manage & Transfer Trust Accounts for Clients
Envestnet has announced the launch of the Envestnet Trust Services Exchange, a new solution for helping Registered Investment Advisers (RIAs) and broker-dealers seamlessly utilize trust accounts to facilitate the efficient transfer of wealth from generation to generation.
Envestnet advisers can manage trust and estate planning accounts for their clients' thanks to an API integration with Trucendent
At a time when inter-generational wealth transfer – amounting to tens of trillions of dollars – is a major theme in the industry, having efficient tools to handle the work is important.
Envestnet announced the launch of the Envestnet Trust Services Exchange this week, an initiative meant to help registered investment advisors and broker/dealers access trust and estate planning services and attorneys for clients. The platform will be fully integrated with Envestnet | MoneyGuide, Envestnet | Tamarac and other offerings within the Envestnet ecosystem, currently available to more than 105,000 advisors across 5,100 companies.
The seamless transfer of wealth to the next generation is a core element of financial planning for clients. The new Envestnet Trust Services Exchange platform will make it easier for RIAs and BDs to do that. The announcement comes only two days after Envestnet announced it’s building a new “personal financial ecosystem.”
