Envestnet Expands Variable Annuity Program on Envestnet Insurance Exchange
Insurance Exchange Combines Technology, Data & Service to Deliver 'Annuities Made Easy' to Envestnet-Empowered Advisors
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CHICAGO, March 17, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced today that its Variable Annuity Program is being expanded to become the Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx). This innovation provides access to all types of annuities, enabling advisors to deliver fully integrated advice within Envestnet's financial wellness ecosystem. Full integration will be completed by December 31, 2021.
The Envestnet Insurance Exchange provides end-to-end management of annuity solutions within the Envestnet platform. Upon completion of the onboarding process to the Envestnet Insurance Exchange,