2017 SMA Managers & Strategists of the Year Recognized at Envestnet Advisor Summit

Congress Asset Management Named Overall SMA Manager of the Year by Envestnet and ‘Investment Advisor’ Magazine during Advisor Summit in Dallas

CHICAGO—May 5, 2017—Envestnet, Inc. (NYSE: ENV) and Investment Advisor magazine announced the winners of the 13th Annual Separately Managed Account (SMA) Manager and Strategist of the Year Awards yesterday during the 2017 Envestnet Advisor Summit, currently underway at the Gaylord Texan Resort & Convention Center in Grapevine, Texas (http://www.envestnet.com/advisorsummit).

Crystal statuettes were presented to winners in seven categories on the first day of the Summit. Congress Asset Management was chosen from among the winners as the overall SMA Manager of the Year, an elite honor given to firms that embody excellence in investment management. All award winners will be featured in the July 2017 issue of Investment Advisor.

“We congratulate Congress Asset Management and the other winners for achieving long-term outperformance, and for serving as industry role models in their quest to deliver consistent alpha to investors,” said Tim Clift, Chief Investment Strategist at Envestnet | PMC, Envestnet’s Portfolio Management Consultants group (http://www.investpmc.com). “Acknowledging the award winners, which were selected using our comprehensive research solutions, in partnership with Investment Advisor, offers an opportunity to help advisors understand how to identify high-conviction SMA strategies for their clients.”

 

The winners are:

U.S. Equity Large Cap

ClearBridge Investments—Large Cap Growth

SKBA Capital Management—ValuePlus

 

U.S. Equity Small or Mid Cap

Congress Asset Management—Mid Cap Growth

Kayne Anderson Rudnick—Small Cap Sustainable Growth

 

International or Global Equity

Lazard Asset Management—Emerging Markets Equity

 

Fixed Income

Pacific Income Advisers—Limited Duration MACS

 

Impact

Trillium Asset Management—Small/Mid Cap Core

 

Strategist

Clark Capital Management—Navigator Strategist Solutions

 

Specialty

Cushing Asset Management—Cushing MLP Alpha Total Return Strategy

 

To qualify for an SMA Manager and Strategist of the Year Award, a manager’s team is required to have at least three years of experience running a strategy with $200 million or more in assets. In addition, a manager’s product must be reported through Envestnet | PMC’s Premium Research solutions, which are leading sources of investment-manager due diligence and research for advisors.

Award winners and finalists were selected based on Envestnet | PMC’s proprietary, systematic, and multi-factor methodology for evaluating managers. A variety of qualitative and quantitative criteria, such as firm profile, investment process and style, performance, tax efficiency, and customer service, are taken into consideration under this framework.  

“The research team at Envestnet | PMC relies on a diverse range of criteria to assess SMA managers, and reading about the managers and strategies that meet these standards is very helpful for advisors,” said Janet Levaux, Investment Advisory Group Editor-in-Chief at ALM, which publishes Investment Advisor. “We are committed to helping our readers learn how to effectively evaluate investment strategies and products that can potentially improve outcomes for their clients.”

Mr. Clift and Jamie Green, an ALM representative, presented the SMA Manager and Strategist of the Year Award winners with their awards at the Summit. The presentation followed the announcement of the winners of the first annual Essential Advisor Awards, and a panel discussion on how the Essential Advisor Award recipients are evolving their practices to enhance the value of their client relationships.

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. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet 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, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides an integrated platform that combines leading practice management technology, research, data aggregation and fiduciary managed account solutions.

More than 54,000 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.

For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel.

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