#USA #Envestnet #Wealth Management #KeyBank #Berwyn, Pennsylvania

Key Wealth Expands Collaboration with Envestnet

In a significant move to elevate their service offerings, Key Wealth, the wealth management arm of KeyBank, has expanded its strategic partnership with Envestnet. This collaboration aims to provide a unified and advanced wealth management platform designed to meet the evolving needs of advisors and their wealth clients.

The updated relationship facilitates Key Wealth advisors with comprehensive access to the latest wealth management technology and data-driven solutions. By embracing this enhanced platform, advisors can provide a more personalized and holistic approach to financial planning, investment management, and client interaction. This strategic expansion is crucial in fostering a robust and effective advisory experience, where advisors can support clients through increasingly complex financial landscapes.

Enhancing Client Engagement and Advisor Efficiency

Key Wealth advisors will benefit from several platform features aimed at improving both client experience and operational efficiency:

Digital Client Experience

The integration of a seamless and intuitive user interface enables better collaboration between advisors and their clients. This innovation not only enhances transparency but also assists clients in understanding their financial decisions more clearly.

Integrated Financial Planning

The platform is equipped with advanced tools tailored to help advisors develop personalized strategies that align with clients' immediate and future financial goals. This integration allows for a harmonious approach to wealth management that addresses the diverse needs of clients.

Portfolio Management Analytics

The upgraded platform offers sophisticated investment solutions, including risk analysis, tax overlay capabilities, and AI-driven insights. These tools allow advisors to tailor client portfolios more effectively, promoting enhanced client satisfaction and business growth.

Leadership Insights

Joe Calabrese, Chief Operating Officer at Key Wealth, emphasized the importance of this partnership: "Expanding our strategic relationship with Envestnet is a pivotal step in our journey to unify technology platforms within our growing Wealth business. By harnessing Envestnet's comprehensive capabilities, we place our advisors in the optimal position to tackle clients' financial complexities and deliver an inclusive wealth planning experience."

Molly Weiss, Group President of Wealth Management Platform at Envestnet, expressed excitement about the partnership, stating, "We are eager to support Key Wealth by empowering their advisors with our ecosystem of integrated technology and intelligent data. Our shared commitment to innovative solutions at the intersection of banking and wealth management creates a promising collaboration that can greatly improve client outcomes at scale."

With this partnership, Key Wealth and Envestnet are strategically positioned to shape the future of personalized financial services. This ongoing collaboration not only highlights Key Wealth’s dedication to enhancing financial advisory services but also underscores Envestnet’s role as a leader in financial technology solutions.

Key Wealth stands as a reputable entity within KeyCorp, one of the leading bank-based financial service companies, boasting a diverse array of services tailored to meet the specific goals of clients, including financial planning, investment strategies, and fiduciary services. With nearly 200 years of service, Key Wealth focuses on high-net-worth and institutional clients through its various entities such as Key Private Bank and Key Institutional Advisors.

This expansion in their technological capabilities marks a commitment to delivering excellence in wealth management, allowing Key Wealth advisors the ability to provide more comprehensive, personal, and effective financial advice to their clients.

For more detailed information about Key Wealth and its services, visit Key Wealth's Website.