BERWYN, PA — Envestnet‘s Elevate 2025, in Las Vegas, brought together over 2,000 financial advisors, RIAs, enterprise leaders, and fintech experts. The event centered on addressing the escalating challenges facing the financial advice sector, including rising client complexity, technology demands, advisor shortages, and the critical need for scalable solutions.
Forecasts suggest the industry could face a shortage of 100,000 financial advisors by 2034 if productivity levels remain unchanged, underscoring the urgent need for innovation. Envestnet’s integrated wealth management platform is positioned as a solution to help firms increase productivity, scale their operations, and improve client outcomes in this environment of heightened demand and evolving needs.
The event marks a pivotal moment for Envestnet under the leadership of its new CEO, Chris Todd, who aims to redefine the landscape of wealth management while reinforcing the company’s mission of supporting advisor growth. Todd emphasized the firm’s commitment to innovation, stating, “Envestnet has built an extraordinary foundation that redefined what financial advice could be, and how advisors would deliver it. This year, we’ve opened a new chapter for the company, in what we can deliver, how we can invest and in where we will innovate.”
Todd also highlighted the company’s focus on creating a more connected platform, leveraging AI-driven insights, and offering the industry’s largest suite of asset management solutions to empower advisors.
Elevate 2025 serves as a strategic platform to showcase Envestnet’s vision and commitment to equipping firms with the tools and technology needed to thrive in an increasingly complex financial landscape.
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