CHICAGO, May 20, 2016 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) and Investment Advisor magazine announced the winners of the 12(th) Annual Separately Managed Account (SMA) Manager and Strategist of the Year Awards yesterday during the 2016 Envestnet Advisor Summit, currently taking place at the Hilton Chicago (http://www.envestnet.com/advisorsummit).

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Winning SMA managers from six categories were presented with crystal statuettes on the second day of the Summit. Harding Loevner was selected from among the winners as the overall SMA Manager of the Year, an elite honor given to firms that exemplify investment management excellence. All of the award recipients will be featured in the July 2016 issue of Investment Advisor.

"We congratulate Harding Loevner and the other winners for demonstrating characteristics that enable their SMA strategies to generate alpha over the long term," said Tim Clift, Chief Investment Strategist of Envestnet | PMC (http://www.investpmc.com), Envestnet's Portfolio Management Consultants group. "By calling attention to these managers' disciplined investment management processes, and other factors that drive their success, we and Investment Advisor can help advisors better assess the growing selection of SMA strategies available to their clients."

The winners are:

U.S. Equity Large Cap
Brown Advisory--Large Cap Growth
Schafer Cullen--High Dividend Value Equity

U.S. Equity Small or Mid Cap
EARNEST Partners--Mid Cap Value
Tributary Capital Management--Small Cap Equity

Institutional or Global Equity
Harding Loevner--Global ADR

Fixed Income
Tom Johnson Investment Management--Intermediate Fixed Income

Strategist
JAForlines--Global Tactical Solutions
Russell Investments--Multi-Asset Class Strategy

Impact
Boston Common Asset Management--International Equity SRI

The award finalists and winners were chosen using the systematic, proprietary, and multi-factor evaluation methodology developed by Envestnet | PMC. The evaluation framework considers performance, firm profile, customer service, investment process and style, composite, tax efficiency, and other quantitative and qualitative criteria. PMC's Premium Research solutions are leading sources of investment manager due diligence for advisors.

To be eligible for an SMA Manager and Strategist of the Year Award, a manager's product must be reported through PMC's research applications, and have at least $200 million in assets. Entrant managers must also have management teams with at least three years of experience running their respective strategies.

"Harding Loevner and this year's other award winners continually raise the bar for SMA managers," said Danielle Andrus, Executive Managing Editor of Investment Advisor, who co-presented awards to the winners with Mr. Clift. "Their strategies and products serve as blueprints for sound, rules-based investment management that can lead to outperformance, and this is important insight for advisors to utilize when conducting manager due diligence."

About Envestnet | PMC
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective, and fully-aligned standard of care, and empower advisors to deliver better outcomes.

Envestnet | PMC provides independent advisors, broker-dealers, and institutional investors with the research, expertise, and investment solutions--from due diligence and comprehensive manager research to portfolio consulting and portfolio management--they need to help improve client outcomes.

Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. More than 1,000 companies, including 12 of the 20 largest U.S. banks and hundreds of Internet services companies, subscribe to the Envestnet | Yodlee platform to power personalized financial apps and services for millions of consumers. Envestnet | Yodlee solutions help improve the speed and delivery of financial innovation, improve digital customer experiences, and drive better outcomes for our clients and their customers.

For more information on PMC, please visit Envestnet | PMC and follow @ENVintel (https://twitter.com/envintel)



    Media Contact:             Dana Taormina

                               JConnelly

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                               dtaormina@jconnelly.com

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SOURCE Envestnet | PMC