Issue link: https://resources.envestnet.com/i/1533232
Attributes Highly configurable Highly integrated Large firms Multi-custodial Modern, advanced UX Admin Trading (outsourced) Envestnet Wealth Trading Wealth Trading is Envestnet's newest, most advanced trading product that was built to deliver portfolio management and trading solutions to help grow advisors' practices through flexible and efficient trading workflows. Potential Benefits • Enable scalability to manage large volumes of accounts efficiently and deeper integrations with key functionality either internally or with custodial platforms. Takes advantage of the highest, most flexible level of configuration and trading capabilities. • An instructions-based user experience allows you to execute with one click on multiple accounts based on instructions. Ex. Raise cash instructions, notify users when a manager updates a model, instructions to update an account, tell users when to trade an account, and more. Notable attributes • Three Trading Programs: Advisor, Sponsor, and Admin Trading 1. Advisor Trading: This is an Advisor-as-Portfolio Manager (APM) program where the advisor owns most or all of the trade execution. 2. Sponsor Trading: The advisor manages proposals and generates new business, while trade execution is handled by a team of in-house traders. 3. Admin Trading: Envestnet manages all or most trading activities for the home office and advisors. • Entitlement configurations focused on meeting the needs of our most important personas: ŋ Dynamic profile-based system ŋ Shared/default customizable layouts and workflows ŋ Service request integration • Configurability: ŋ Wealth Trading combines configurability options from AdvisorPlus and the newer Portfolio Management Tools. ŋ Trading workflow: ŋ Grouping, organizing, and filter/sort options offer much greater functionality with built-in instructions-based alerts and notifications. 3 FOR INVESTMENT PROFESSIONAL USE ONLY.