Digital Digest: The Latest Tech News - FIDx, Envestnet

Editorial Staff

16 April 2020

, powered by FIDx, provides end-to-end annuity solutions, from pre- to post-issuance. RIA Insurance Solutions can support advisors to enable them to plan, research products, manage transactions post-execution, and create necessary client reporting within the platforms they already use. This partnership with FIDx enables RIA Insurance Solutions to digitally access annuities through the Envestnet platform, the organizations said.

"This strategic relationship opens new doors for enterprises and financial advisors who utilize Envestnet to provide comprehensive planning solutions to their clients," John Yackel, head of strategic initiatives at Envestnet, said.

“RIAs now have access to protection and income solutions from best-in-class insurance carriers. Integrating these disparate platforms offers the advisor a fully digital experience which, during these challenging times, enables them to efficiently address clients' insurance needs. This is a unique and valued solution that integrates wealth management platforms, annuity processing, planning tools, and now professional sales support," Yackel said.