#United States #Envestnet #Berwyn #FIDx #Bill Crager

FIDx Welcomes Bill Crager to Its Board

Fiduciary Exchange LLC, recognized for its innovative approach in transforming insurance solutions delivery, recently announced that Bill Crager, the former CEO of Envestnet, is now a member of its Board of Directors. This strategic move is geared towards leveraging Crager's extensive expertise in financial services and technology, as FIDx continues to broaden its influence and operational capabilities.

In a statement, Paul Hondros, Chairman of the Board, expressed enthusiasm about Crager joining the team, stating, "Bill's vision and leadership in our industry are unparalleled. His insights and expertise will be invaluable as FIDx advances its mission to change how insurance solutions are offered." Crager has been involved with FIDx since its inception, impacting its long-term strategies and initiatives.

CEO Rich Romano also highlighted the significance of this appointment, explaining, "We are excited to welcome Bill to the FIDx Board of Directors. His profound understanding of the financial landscape and proven record leading Envestnet will be crucial as we pursue growth. Bill's vision aligns perfectly with our goal to empower advisors with tools that enhance their clients' outcomes."

Bill Crager has held a prominent position within the wealth management sector for over two decades. As a co-founder of Envestnet in 1999, he served as CEO from 2019 to 2024, steering the company through considerable advancements and growth phases. Under his leadership, Envestnet emerged as a leading provider of integrated technology geared toward financial advisors, focusing on data aggregation, financial planning, and investment management.

His partnership with FIDx is particularly noteworthy, given that Envestnet is both a strategic partner and investor in FIDx, facilitating access to annuity products through its platform. Crager’s competency in devising comprehensive financial planning solutions while utilizing data integration will add significant value to FIDx as it seeks to improve service delivery.

"Joining the FIDx Board is an exciting opportunity for me to contribute to a mission aimed at making insurance solutions more accessible and efficient for advisors and clients alike," Crager remarked. He believes that FIDx stands at the forefront of innovation within the insurance industry and possesses substantial potential to reshape how insurance products are delivered.

Crager's appointment comes at a pivotal moment for FIDx, a company that has recently launched several new offerings, such as FIDx Desk—a dedicated service for Registered Investment Advisors (RIAs) and fee-based advisors, and an Insurance Overlays marketplace developed in partnership with Prudential Financial. The organization also continues to enhance its collaborations with top insurance carriers to expand its Insurance Exchange, which simplifies annuity distribution for user interface and advisor convenience.

About FIDx

FIDx is at the forefront of revolutionizing the delivery of insurance solutions in the wealth management arena. Their innovative technology, paired with robust industry knowledge, enables advisors to integrate insurance seamlessly into their clients' financial plans, improving overall outcomes. Committed to equipping advisors with essential tools and resources, FIDx is actively shaping the evolving landscape of wealth management.

About Bill Crager

Bill Crager, a distinguished figure in financial services and technology, boasts over 20 years of experience within the wealth management domain. His leadership was instrumental in Envestnet's evolution into a comprehensive provider of integrated technology solutions for financial advisors. Recognized as a thought leader in this space, Crager has contributed to various industry publications, reinforcing his importance in shaping future trends.