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How to Get on the Recommended List: Envestnet
FundFire.com — Envestnet is the largest third party advisory platform in the industry, with $137.5 billion in sponsored and non-sponsored advisory program assets, according to data from the Money Management Institute.
Envestnet makes available an open architecture platform of approximately 14,000 products. Client firms, including broker-dealers, banks and registered investment advisors (RIAs), can also select what products they want from the Envestnet platform to make available to their own advisors.