PHILADELPHIA, December 12, 2017 /PRNewswire/ --
BizEquity, the world's leading online provider of business valuation big data, has partnered with Envestnet (NYSE : ENV ), a leading provider of intelligent systems for wealth management and financial wellness, to offer business valuation and prospecting tools to tens of thousands of financial advisors leveraging the Envestnet platform.
Bill Schiffman, Co-Founder of Schiffman, Grow & Co. and winner of the 2017 Envestnet Essential Advisor Award added, "I was one of Envestnet's early adopters and have seen firsthand how they have made advisors' lives easier and more productive. There are many similarities between BizEquity today and Envestnet. Both companies understand the value of harnessing big data for the benefit of their clients. They create content and technology for smart advisors to differentiate themselves from their competition. This partnership gives advisors another powerful tool to be leaders in the marketplace."
"We've valued over 33 million private businesses through thousands of financial advisors," said Michael M. Carter, Founder & CEO of BizEquity. "We are excited to partner with Envestnet. Through their platform, we can equip even more advisors with tools that can help them deepen their relationships with existing clients as well as provide advisors with an additional value proposition to attract new small business owners."
Through the BizEquity platform, advisors with Envestnet will be able to leverage:
- A Business Valuation Report that details key metrics on a client's business value and gives an in-depth view of their financial positon.
- An Insurance Value Report that offers a snapshot of a client's potential insurance coverage based on real-time valuation metrics.
- BizEquity' Big Data Business Owner Prospecting tool that enables advisors to locate millions of businesses using its geo-location prospecting and engagement technology.
"Clients today expect their advisors to deliver comprehensive insights about their financial health," said Blake Wood, Senior Vice President, Director of Product Strategy at Envestnet. "The reports and prospecting service that BizEquity offers enhance an advisor's financial planning capabilities and can enable them to more effectively help clients achieve their goals."
The BizEquity platform is currently available through single-sign-on from the Envestnet Advisor Portal. A more robust integration within the Logix financial planning module is slated in a future enhancements release.
Additionally, advisors who sign up for BizEquity through the Envestnet platform will receive a subscription to the WSJ Pro Advisor newsletter that offers exclusive content about current markets and trends. BizEquity will also deliver a full Business Valuation Report to each advisor for free.
More information can be found at: http://www.bizequity.com/Envestnetwelcome
BizEquity is the world's leading provider of business valuation knowledge and big data. BizEquity has valued over 33 million private businesses and distributes its patented cloud-based service through thousands of financial advisors to help better inform small businesses of their lending; insurance; and wealth management needs and potential.
BizEquity is headquartered in Wayne, Pennsylvania but has offices around the world in key markets such as London; Singapore; and Delhi.
Some noteworthy accomplishments for the company include BizEquity's CEO Michael M. Carter being named one of the top 100 leaders in Global Fintech; BizEquity being named one of the top 360 private companies by Entrepreneur Media; and BizEquity winning the FinTech growth and innovation award from Bank Director. BizEquity has estimated through its clients feedback that it has helped its advisor clients generate over $1billion in assets under management; insurance premium; and commercial lending products all while helping their business owner clients and prospects.
For more information, please visit: http://www.BizEquity.com
For further information, please contact:
Richard Morgan Evans/ Kathleen Edmondson/ Olivia Hodgkinson