SEP 29 2016

Kelly Michel Joins Envestnet | Retirement Solutions as Chief Marketing Officer | PR Newswire

25+ Year Veteran of Retirement Services Industry Will Work with Sales, Product Development, & Client Management Teams to Position ERS for Ongoing Growth

CHICAGO, Sept. 29, 2016 /PRNewswire/ -- Envestnet | Retirement Solutions (ERS) has appointed Kelly Michel, who has more than 25 years of experience in the retirement services industry, as its Chief Marketing Officer.

In her new role, Ms. Michel is responsible for the firm's strategic marketing initiatives, and will work closely with the sales, product development, and client management teams to position ERS for continuous growth.

"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 the leading provider of intelligent systems for wealth management and financial wellness. Envestnet’s unified technology enhances advisor productivity and strengthens the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet enables a transparent, independent, objective, and fiduciary standard of care, and empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet’s Advisor Suite enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, personalized financial apps and services for millions of consumers. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

More than 52,000 advisors and 2,500 companies including: 16 of the 20 largest U.S. banks, 38 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.

Information provided should not be construed as legal or regulatory advice or guidance.

For more information on Envestnet, please visit and follow @ENVintel.

Media Contact:
Dana Taormina
JConnelly for Envestnet | Retirement Solutions