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Envestnet Wins 2016 Private Asset Management Award for Best New Product for HNW Advisory
CHICAGO, March 2, 2016 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) has won the 2016 Private Asset Management Award for Best New Product for High-Net-Worth Advisory, in recognition of the Quantitative Portfolios (QPs) that the firm introduced last year.
Now in their sixth year, the Private Asset Management Awards recognize those who have provided exceptional client service to high-net-worth individuals during the previous 12 months. Brandon Thomas, Co-Founder and Chief Investment Officer of Envestnet | PMC, accepted Envestnet's award at a ceremony in New York City on February 22, 2016.
"We developed our Quantitative Portfolios to help advisors take their clients' portfolios 'beyond beta' in a cost-effective manner," said Jud Bergman, Chairman and CEO of Envestnet. "We are grateful and humbled that our industry peers have recognized the QPs' potential to improve after-tax and risk-adjusted returns for results-driven clients."