CHICAGO, Oct. 29, 2015 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) and Wheelhouse Analytics announce that Envestnet Institute On Campus online courses will be offered to students at 9 universities during the fall semester. This is the second semester that the Envestnet Institute On Campus program is available to university students seeking careers in wealth management.
"Our goal is to train more than 5,000 students from a variety of academic institutions across the U.S. over the next five years," said Ron Fiske, Managing Director of Events & Education at Envestnet. "The number of universities offering our industry-standard curriculum has more than doubled since Envestnet Institute On Campus launched earlier this year. This development demonstrates how useful and urgent this initiative is, and we hope to empower students from many more universities with the applicable knowledge and skills they need to enter--and succeed in--the wealth management profession."
The program is available through Envestnet Institute (http://www.envestnetinstitute.com), Envestnet's unified education portal for empowering registered financial professionals, and its curriculum has been approved by the Money Management Institute. Envestnet Institute On Campus consists of seven mandatory courses, as well as optional white papers, podcasts, and webinars, designed to provide students with practical knowledge of the wealth management industry. The classes are taught at each student's own pace via an e-learning platform developed and administered by Wheelhouse.
Envestnet Institute On Campus launched during the spring semester earlier this year at Fairfield University, Bryant University, Mount St. Mary's University, and the University of Rhode Island. Five other institutions--Colgate University, Rowan University, the University of Delaware, University of New Hampshire and Villanova University--have joined the original four in offering courses to students ranging from sophomores to post-graduates. All of the universities choose students to participate in Envestnet Institute On Campus, for which each institution provides up to 20 scholarships.
"Our first-semester students told us that we provided them with relevant, broad-based practical training that has helped them prepare for job interviews and searches in the wealth management industry," said Jim Seuffert, Senior Partner at Wheelhouse Analytics. "We could not be more pleased with this feedback, and we look forward to training more students--from a larger academic community--during the fall semester."
"MMI is very pleased by the growth and adoption of the program," said Craig D. Pfeiffer, President and CEO of the Money Management Institute. "We strongly support this effort to raise awareness of the advisory solutions profession with university students and to provide them with a valuable career-prepping experience."
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's Advisor Suite® software empowers financial advisors to better manage client outcomes and strengthen their practices. Envestnet provides institutional-quality research and advanced portfolio solutions through our Portfolio Management Consultants group, Envestnet | PMC®. Envestnet | Tamarac™ provides leading rebalancing, reporting, and practice management software.
About Wheelhouse Analytics
Wheelhouse Analytics develops and operates powerful analytics and mobile sales platforms, and robust intermediary management tools that help firms answer some of the most important questions facing distribution executives. For more information about Wheelhouse Analytics, please visit www.wheelhouseanalytics.com.
SOURCE Envestnet, Inc.