"Kelly will harness the expertise she gained from working with advisors at record-keepers and broker-dealers to help us communicate the benefits of our innovative technology and fiduciary solutions to the retirement marketplace," said Babu Sivadasan, Group President of Envestnet | Retirement Solutions. "We look forward to collaborating with her on initiatives to help more service providers and retirement plan advisors understand how our technology can contribute to better outcomes for all plan stakeholders."
Prior to joining ERS, Ms. Michel served as Executive Vice President of Sales and Marketing for Newport Group, and Senior Vice President and Head of Retirement Consulting Services for AIG Advisor Group. She also held many roles at Transamerica, an AEGON company, including Senior Vice President of Institutional Business Development. Ms. Michel began her retirement services career at Empower, where she worked for eight years before joining Transamerica.
Ms. Michel holds the Accredited Investment Fiduciary (AIF) designation from the Center for Fiduciary Studies.
"All areas of the retirement services industry are grappling with compliance challenges due to the new fiduciary standards," said Ms. Michel. "In today's rapidly evolving marketplace, ERS's holistic approach to connecting advisors and recordkeeping service providers enables these parties to deliver transparency, fiduciary support, and improved overall results for plan sponsors and participants."
About Envestnet | Retirement Solutions
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 | Retirement Solutions (ERS), a majority-owned subsidiary of Envestnet, Inc., provides retirement advisors with an integrated platform that combines one of the industry's leading practice management technology, research and due diligence, data aggregation, compliance tools and intelligent managed account solutions. ERS leverages Envestnet's advanced capabilities and resources, along with its experience in investment research, portfolio construction and investment management, to meet the specialized needs of each retirement plan stakeholder, from plan participants to sponsors, advisors to home offices and record keepers to DCIOs.
For more information on Envestnet | Retirement Solutions, please visit www.envestnet.com.
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SOURCE Envestnet | Retirement Solutions (ERS)