Business
Envestnet Expands Canadian Footprint, Entering Strategic Partnership with Canaccord Genuity Wealth Management
Envestnet Expands Canadian Footprint, Entering Strategic Partnership with Canaccord Genuit...
About this update from Canaccord Genuity Group Inc.
[{"type":"text","content":"\n\n\n\nEnvestnet Expands Canadian Footprint, Entering Strategic Partnership with Canaccord Genuity Wealth Management\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCHICAGO, May 12, 2020\n\n\n\nGrowth-Minded Canadian Firm Adopts Envestnet's Unified Advice Platform to Support its Advisors & Internal Portfolio Managers, as well as End Clients\n CHICAGO, May 12, 2020 /CNW/ -- Envestnet, Inc. (NYSE: ENV) announces that Canaccord Genuity Wealth Management, one of Canada's preeminent wealth management firms and a division of Canaccord Genuity Group Inc. (TSX: CF), will provide its advisors and internal portfolio managers with access to Envestnet's unified advice platform. \n\n \n \n \n \n \n \n\n \nCanaccord Genuity Wealth Management's advisors will be among the first in Canada to fully harness the seamless, in-depth data analytics capabilities of Envestnet's Enterprise Portal, in order to provide holistic, bespoke data-driven client solutions that embody the future of financial planning and advice. Envestnet's unified managed account (UMA) structure also allows Canaccord Genuity Wealth Management's internal portfolio managers to seamlessly integrate third-party discretionary accounts into their diversified global portfolios, while significantly reducing the associated administrative burden.  \n\"The innovative, intuitive technology powering the Envestnet unified advice platform gives Canaccord Genuity Wealth Management a powerful tool with which to drive their business forward and get out in front of a fast-evolving industry,\" said Louis D'Addario, Managing Director and Head of Institutional Business Development at Envestnet. \"We have always looked to expand our customer footprint in North America beyond the U.S., and Canaccord Genuity is an ideal partner to work with as we continue to strengthen our presence in the Canadian market.\" \n\"Our partnership with Envestnet puts Canaccord Genuity at the forefront of wealth management in Canada, where high-tech and high-touch intersect,\" said Stuart Raftus, President of Canaccord Genuity We...