INDIANA, Pa., Jan. 28, 2013 /PRNewswire/ -- Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bancorp, Inc., recently forged an agreement with Envestnet, a leading provider of integrated portfolio, practice management and reporting solutions, to list the company's products on Envestnet's portal. As of January 10, financial advisors and institutions were able to begin reviewing and investing in all of Stewart Capital Advisors' products through the Envestnet platform.
"Envestnet's open architecture and solid reputation provide much more visibility for and access to our wide array of financial products," said Malcolm Polley, president and chief investment officer, Stewart Capital Advisors. "We believe such access will enable us to engineer even more aggressive growth, particularly as it relates to Separately Managed Accounts (SMAs) and Unified Managed Accounts (UMAs)."
Envestnet partners with a wide range of industry leaders in the financial community, including nearly 25 custodians, 38 of the top 50 independent broker-dealer firms, nearly 300 separately managed account managers, and more than 60 investment strategists. The open architecture of the Envestnet Advisor Suite™ allows financial advisors to bring together everything they need - analytics, advisory tools, advanced portfolio solutions, and practice management and reporting capabilities.
About Stewart Capital Advisors, LLC
Stewart Capital Advisors, LLC (SCA), a subsidiary of S&T Bank, is based in Indiana, Pennsylvania and is an SEC registered investment advisory firm specializing in the management of value-styled portfolios, in addition to serving as the investment adviser for Stewart Capital Mutual Funds. SCA offers separate account management for public funds, corporations, endowments, foundations, and other subadvised accounts. For more information, visit stewartcap.com. SCA currently has over $1 billion in assets under management.
SOURCE Stewart Capital Advisors, LLC