CHICAGO, May 5, 2017 /PRNewswire/ -- Envestnet, Inc. (NYSE:
ENV) and Investment Advisor magazine announced the winners of the 13th Annual Separately Managed Account (SMA)
Manager and Strategist of the Year Awards during the 2017 Envestnet Advisor Summit, currently underway at the Gaylord Texan
Resort & Convention Center in Grapevine, Texas (http://www.envestnet.com/advisorsummit).
Crystal statuettes were presented to winners in seven categories on the first day of the Summit. Congress Asset
Management was chosen from among the winners as the overall SMA Manager of the Year, an elite honor given to firms that
embody excellence in investment management. All award winners will be featured in the July 2017
issue of Investment Advisor.
"We congratulate Congress Asset Management and the other winners for achieving long-term outperformance, and for serving as
industry role models in their quest to deliver consistent alpha to investors," said Tim Clift,
Chief Investment Strategist at Envestnet | PMC, Envestnet's Portfolio Management Consultants group (http://www.investpmc.com). "Acknowledging the award winners, which were
selected using our comprehensive research solutions, in partnership with Investment Advisor, offers an opportunity to
help advisors understand how to identify high-conviction SMA strategies for their clients."
The winners are:
U.S. Equity Large Cap
ClearBridge Investments—Large Cap Growth
SKBA Capital Management—ValuePlus
U.S. Equity Small or Mid Cap
Congress Asset Management—Mid Cap Growth
Kayne Anderson Rudnick—Small Cap Sustainable Growth
International or Global Equity
Lazard Asset Management—Emerging Markets Equity
Fixed Income
Pacific Income Advisers—Limited Duration MACS
Impact
Trillium Asset Management—Small/Mid Cap Core
Strategist
Clark Capital Management—Navigator Strategist Solutions
Specialty
Cushing Asset Management—Cushing MLP Alpha Total Return Strategy
To qualify for an SMA Manager and Strategist of the Year Award, a manager's team is required to have at least three years of
experience running a strategy with $200 million or more in assets. In addition, a manager's product
must be reported through Envestnet | PMC's Premium Research solutions, which are leading sources of investment-manager due
diligence and research for advisors.
Award winners and finalists were selected based on Envestnet | PMC's proprietary, systematic, and multi-factor methodology for
evaluating managers. A variety of qualitative and quantitative criteria, such as firm profile, investment process and style,
performance, tax efficiency, and customer service, are taken into consideration under this framework.
"The research team at Envestnet | PMC relies on a diverse range of criteria to assess SMA managers, and reading about the
managers and strategies that meet these standards is very helpful for advisors," said Janet
Levaux, Investment Advisory Group Editor-in-Chief at ALM, which publishes Investment Advisor. "We are committed
to helping our readers learn how to effectively evaluate investment strategies and products that can potentially improve outcomes
for their clients."
Mr. Clift and Jamie Green, an ALM representative, presented the SMA Manager and
Strategist of the Year Award winners with their awards at the Summit. The presentation followed the announcement of the winners
of the first annual Essential Advisor Awards, and a panel discussion on how the Essential Advisor Award recipients are evolving
their practices to enhance the value of their client relationships.
About Envestnet
Envestnet, Inc. (NYSE: ENV) is the leading provider of intelligent systems for wealth management and financial
wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet
empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.
Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality
research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group.
Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital
financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors.
Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research,
data aggregation and fiduciary managed account solutions.
More than 54,000 advisors and 2,500 companies including: 16 of the 20 largest U.S. banks, 38 of the 50 largest wealth
management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services
companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client
on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.
For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel.
Media Contact:
Dana Taormina
JConnelly for Envestnet | PMC
(973) 850-7305
dtaormina@jconnelly.com
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SOURCE Envestnet, Inc.