Newswire

Wellington-Altus Forges Strategic Partnership with Envestnet to Empower Advisors with Industry-Leading Solutions

December 14, 2021

WINNIPEG, TORONTO, MONTREAL, and CHICAGO, December 14, 2021—Wellington-Altus Financial Inc. (Wellington-Altus), the number-one wealth advisory company in Canada*, and Envestnet, Inc., a leading provider of intelligent systems for wealth management, announce a strategic partnership to provide Wellington-Altus advisors with access to a unified financial wellness ecosystem supporting intelligently connected advisor and client experiences.

“We’re forging ahead at tremendous speed and Envestnet’s innovative ecosystem of portfolio management tools will future-proof our business as we continue to attract top-tier advisors and deliver the gold standard in client services,” said Shaun Hauser, Founder & President, Wellington-Altus. “We’re all about enabling our advisors and I am confident that they will feel the impact of this new technology daily.”

Once the firm migrates to the Envestnet ecosystem, advisors and portfolio managers will have access to in-depth data analytics from Envestnet’s Enterprise Portal, enabling them to deliver data-driven, hyper-personalized financial plans and advice. In addition, Envestnet’s unified managed account platform streamlines the integration of third-party discretionary accounts into diversified global portfolios. For more information, please visit https://www.envestnet.com/products/uma.

“We consistently seek to provide more advisors across North America with the data, solutions, and technology they need to empower their clients to live an Intelligent Financial Life^™,” said Louis D’Addario, Managing Director and Head of Institutional Business Development, Envestnet. “The capability to help clients understand the impact of what they spend today on what they save tomorrow, and incorporate tailored investment strategies that can help them improve short- and long-term outcomes, is an asset as Wellington-Altus continues to thrive in this ever-changing industry.”

As Wellington-Altus surpasses $20 billion in assets under administration, the firm continues to grow exponentially and build on a track record of leading with innovation and prioritizing clients’ needs above all else.

“Our team of advisors and portfolio managers want sophisticated, tailored solutions that deliver end-to-end value to their practice and clients,” said Danny Stoller, Chief Operating Officer, Wellington-Altus. “It’s important to us that our team is empowered with the best technology on the market, and that is what Envestnet brings to the table. What we’re building with Envestnet will significantly level up our capabilities as a firm.”

Wellington-Altus and Envestnet are now working to implement the bespoke platform.

About Wellington-Altus Financial Inc.

Founded in 2017, Wellington-Altus Financial Inc. (Wellington-Altus) is the parent company to Wellington-Altus Private Counsel and Wellington-Altus Private Wealth—the top-rated* wealth advisory company in Canada and one of Canada’s Best Managed Companies. With more than $20 billion in assets under administration and offices across the country, Wellington-Altus identifies with successful, entrepreneurial advisors and portfolio managers and their high-net-worth clients.

*Investment Executive 2021 Brokerage Report Card.

To find out more about Wellington-Altus, please visit https://www.wellington-altus.ca/.

About Envestnet

Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). Envestnet is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions, and intelligence to make financial wellness a reality for everyone. Nearly 108,000 advisors and more than 6,000 companies—including 17 of the 20 largest U.S. banks, 46 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs, and hundreds of FinTech companies—leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors, and their clients.

For more information, please visit www.envestnet.com, subscribe to our blog, and follow us on Twitter (@ENVintel) and LinkedIn.

For Further Information:

Sara Howe
Senior Manager, Communications
Wellington-Altus Private Wealth
T. 647.966.7112
sara.howe@wellington-altus.ca

Dana Taormina
JConnelly for Envestnet
T. 973.647.4626
dtaormina@jconnelly.com

Recent Posts

U.S. Election Special Market Insights: American System 2.0

“Yield not to adversity; trust not to prosperity; keep before your eyes the full scope of Fortune’s power, as if she would surely do whatever is in her power to do.” – Lucius Annaeus Seneca

November Market Insights: Money For Nothing

The Illusion of Easy Wealth in Today’s Economy “That ain’t workin’ that’s the way you do it; Money for nothing and your chicks for free.” – Dire Straits

October Market Insights: The Great Delusion

Are We Trapped in a Cycle of Change That Never Changes? A Forecast for 2025 and Beyond

Quarterly Investment Insight – Fall

How do you view the glass — half full or half empty? This question aptly captures the dual nature of sentiment today. On one hand, our standard of living is among the highest in history, fuelled by technological advances, improved quality of life, substantial and growing wealth and increased life expectancy. On the other hand, this progress is overshadowed by rising costs of living, heavy debt burdens, declining productivity and ongoing geopolitical tensions.

September Market Insights: Trump’s Trade War

Tales of empires are as old as civilization itself. From ancient Mesopotamia to Rome, from the Mongols to the British, history is replete with stories of great powers that rose to dominate vast swaths of territory, only to eventually crumble under the weight of their ambitions. The United States of America, as the preeminent global superpower of the modern era, finds itself at a critical juncture in this age-old narrative.

The opinions contained herein are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Wellington-Altus Private Wealth. Assumptions, opinions and information constitute the author’s judgement as of the date this material and subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. All third party products and services referred to or advertised in this presentation are sold by the company or organization named. While these products or services may serve as valuable aids to the independent investor, WAPW does not specifically endorse any of these products or services. The third party products and services referred to, or advertised in this presentation, are available as a convenience to its customers only, and WAPW is not liable for any claims, losses or damages however arising out of any purchase or use of third party products or services. All insurance products and services are offered by life licensed advisors of Wellington-Altus.