Envestnet Platform vs. Shrimpy

It is very well suited for reviewing client proposals, model portfolios and analyzing underlying holdings within various funds and portfolios. Envestnet also creates very clean client reports that are easy to read and understand. We also like Envestnet's proposal tool and have used the various proposal functions and reports when pitching new business.

Incentivized

Shrimpy is a good visual aid but it lacks some key features, such as a mobile app.

Incentivized

• Fund analytics.
• Portfolio construction.
• Sales and trading.

Incentivized

• Connects accounts.
• Automate trading however i don't use this currently.
• Copy trades etc.

Incentivized

• Online interface.
• Slow load up times.
• Clunky process of searching for funds.

Incentivized

• No financial security.
• No mobile app (yet).

Incentivized

Envestnet’s platform is very clean and user friendly. They have continued to provide software and platform updates and are open to client feedback and critiques. The portfolio analysis tool is a lot cleaner and more professional compared to other tools like Morningstar Direct and assetmark. Their fund universe is very extensive and with the additions of CITs we’ve been able to leverage the tool more effectively

Incentivized

Shrimpy is simpler to use, and the portfolio rebalancing to adjust to market movements is its best asset. This was used for stocks and shares prior and works in a similar way with crypto. Not sure as to the long-term gains this will provide but the theory stacks up.

Incentivized

• Increased revenue.
• Increased client service metrics.
• Better fund analysis approach.

Incentivized

• Crypto has taken a hit so ROI is negative at the moment but it will go back up.

Incentivized