05.26.26

Osaic Gives Advisors One-Platform Access to Client Assets via Envestnet

by: Alex Padalka

Osaic has expanded its partnership with Envestnet to give financial advisors unified, single-platform access to client assets. Under the agreement, Osaic advisors can manage accounts, model portfolios and various investment strategies through Envestnet’s system. Envestnet reported that more than 733,000 Osaic advisor accounts were already supported by its platform as of March, and adoption has grown about 60% over the past two years. The firms said the integration aims to improve efficiency, streamline asset management across accounts and free advisors to spend more time with clients.

Read the full article on Financial Advisor IQ