Issue link: https://resources.envestnet.com/i/1539598
2 FOR HOME OFFICE AND ADVISOR USE ONLY. NOT FOR DISTRIBUTION TO THE PUBLIC. 7 Trading-Related Questions • Can I rebalance on the household level and set up detailed asset location preferences? • Can I easily monitor accounts for model deviation and cash needs? • Can I accurately complete tax-loss harvesting, monitor for tax-efficient wealth, and create tax-efficient trades? • Does the trading system communicate directly with my custodians? Does the trading system support sophisticated execution strategies via an OMS, if required? • Can I easily illustrate the proposed changes I would like to make within a portfolio — and then present this illustration to clients? • Can I archive notes on specific trade activities or trades for particular securities? • Is it easy to reconcile trades that have been executed? When reconciled trades are required for audit or compliance purposes, can they be easily retrieved? 5 Customer Relationship Management-Related (CRM) Questions • Can I minimize the need for duplicate data entry across critical systems? • When switching from one business application to the next, can entered data be shared through an automated process? • Does the CRM come pre-loaded with workflows that include best practices for common tasks that are completed daily? • Does the solution automatically update reporting and trading changes with a date and timestamp for easy future reference? • Is the CRM built on a platform, providing integrations with additional related tools like phone systems, marketing platforms, and sales analytics tools? 5 Data-Related Questions • Does the platform leverage internal and external data to generate business and client insights? • How many and what types of financial sources is data aggregated from? • Are there examples of views and insights generated from the aggregated data? How does it inform financial planning, reporting, and advice? • Does the platform incorporate AI and analytics to help optimize business decision-making? • Does the platform offer recommendations for next-best actions for advisors and clients?