CHICAGO, Feb. 8, 2017 /PRNewswire/ -- Envestnet | Retirement Solutions ("ERS") announces it is partnering with The Retirement Advisor University ("TRAU") to deliver the "Essential Retirement Advisor," a fully integrated fiduciary training program designed to help financial advisors obtain access to continuing practice management and fiduciary education in order to meet their obligations and thrive in a fee-based fiduciary world. The relationship is another example of ERS's long-term commitment to helping advisors be more successful in their practices and better serve the retirement needs of their clients.

Changing market dynamics and evolving regulations have led many broker-dealers and Registered Investment Advisers ("RIA") to seek out ongoing education support to ensure their entire teams fulfill their fiduciary responsibility, whether they work on defined contribution plans or individual retirement accounts.

"TRAU has an impressive track record of engaging plan advisors through their comprehensive training program in collaboration with UCLA Anderson School of Management Executive Education. This partnership is an extension of our mutual commitment to supporting retirement advisors' efforts to strengthen their practices, and to improving outcomes for advisors, plan sponsors, and their participants," said Babu Sivadasan, President of Envestnet | Retirement Solutions. "Fiduciary training, available on-demand, enables advisors and their teams to become 'essential fiduciary advisors,' which advances our shared mission."

TRAU's comprehensive fiduciary training program, developed in conjunction with the Envestnet Institute, is an online and in-person educational curriculum designed for the advisor who is new to the retirement plan space, as well as the space's most sophisticated and focused RIAs. Certified advisors will be authorized to deliver proprietary fiduciary training content online and in-person to their plan sponsor clients and prospects.

The program will be introduced at this year's Envestnet Advisor Summit, scheduled to take place May 3-5, 2017 at the Gaylord Texan Resort and Convention Center in Dallas. To register for the Envestnet Advisor Summit, please visit: http://envestnet.com/advisorsummit/

"Practice management in a fee-based fiduciary retirement world is dramatically changing the way advisors, broker-dealers, and RIAs will conduct business. We believe ERS is uniquely positioned to deliver an integrated practice management platform to help retirement advisors adapt," said Fred Barstein, CEO and Founder of The Retirement Advisor University. "The partnership between ERS and TRAU creates an efficient framework for advisors to deliver retirement solutions to individual and corporate clients which are in every client's best interest."

About The Retirement Advisor University (TRAU)
TRAU, in collaboration with UCLA Anderson School of Management Executive Education, is the first retirement planning certification program offered in collaboration with a nationally recognized institution of higher learning. Advisors and retirement industry professionals who participate in the program can earn a valuable certification that holds significant meaning to their clients, prospects and industry peers. At the end of 2016 more than 600 advisors and industry professionals have earned their C(k)P designation. TRAU affiliate TPSU (The Plan Sponsor University) has trained almost 4,000 HR and Finance professionals since 2013 on how to best run their DC plan, with many earning their C(K)PF designation. 401kTV, a daily newsletter and portal, is distributed to 38,000 industry professionals, mostly plan sponsors.

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, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet enables a transparent, independent, objective, and fiduciary standard of care, and empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet's Advisor Suite 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, personalized financial apps and services for millions of consumers. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

More than 52,000 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.

Information provided should not be construed as legal or regulatory advice or guidance.

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

Media Contact:
Dana Taormina
JConnelly for Envestnet | Retirement Solutions
973.850.7305
dtaormina@jconnelly.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/envestnet--retirement-solutions-partners-with-the-retirement-advisor-university-to-provide-a-fully-integrated-fiduciary-advisor-training-program-300404080.html

SOURCE Envestnet | Retirement Solutions