Digital Digest: The Latest Tech News - Envestnet, Canaccord Genuity

Editorial Staff

13 May 2020

Envestnet, the New York-listed wealth management systems firm, announced that Canaccord Genuity Wealth Management, part of Canada’s Canaccord Genuity, will provide its advisors and internal portfolio managers with access to Envestnet’s unified advice platform.

The firm’s advisors can use the data analytics of Envestnet’s Enterprise Portal; Envestnet’s unified managed account structure also allows the wealth manager’s internal portfolio managers to integrate third-party discretionary accounts into their diversified global portfolios.

“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,” Louis D’Addario, managing director and head of institutional business development at Envestnet, said.

“We have always looked to expand our customer footprint in North America beyond the US, and Canaccord Genuity is an ideal partner to work with as we continue to strengthen our presence in the Canadian market,” D’Addario said.