Envestnet Portfolio Solutions operates as an investment management firm that provides investment advisory services, technology platforms, and sub-advisory programs through independent registered investment advisors. The firm offers a wide range of investment solutions, including separately managed accounts, unified managed accounts, mutual fund and exchange-traded fund asset allocation strategies, and third-party strategists. Envestnet Portfolio Solutions helps independent advisors build diversified portfolios, implement asset allocation strategies, and manage accounts using proprietary and third-party models. The firm also provides optional overlay services for tax management and socially responsible investing, as well as reporting, billing, and back-office administrative support to advisory firms.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.21% |
Fees vary by program and strategy, with overall program fees ranging from 0.07% to 1.21% depending on the specific portfolio chosen. Fees do not include advisor fees or internal fund expenses.