Latest news with #Envestnet
CNBC
28-04-2025
- Business
- CNBC
We've been looking for cyclical exposure, says Wells Fargo's Scott Wren
Scott Wren, Wells Fargo Investment Institute Senior Global market strategist, and Dana D'Auria, Envestnet co-CIO, joins 'Closing Bell Overtime' to talk the day's market action.
Malaysian Reserve
24-04-2025
- Business
- Malaysian Reserve
Edward Jones Accelerates Value for Clients through New Products, Services and Capabilities
The firm reaches key milestones in its multi-year journey to serve more clients, more completely and sets sights on new opportunities to add value for clients and financial advisors ST. LOUIS, April 24, 2025 /PRNewswire/ — With trillions of dollars anticipated to change hands across generations and a shortage of financial advisors to serve investors seeking financial advice and guidance, Edward Jones has reached key milestones on its multi-year journey to serve tens of millions of clients more completely. 'It's a new year for Edward Jones – our first as a financial planning firm. We've been readying ourselves for this chapter in our 103-year-old growth story by evolving to attract and serve new and different types of clients through experiences, products and services, and technology that meet their unique needs,' said Penny Pennington, Managing Partner, Edward Jones. 'The strength of our firm and our ambition to more deeply serve our clients, colleagues and communities gives us incredible momentum to be the place North Americans go for advice.' Recent Enhancements and Milestones Deeper Client Segmentation: Edward Jones launched Edward Jones Generations™, a private client services offering, with new products and services targeted to high net worth clients. Professional Designations: The firm supports acumen-building through investment in professional designations. Edward Jones is No. 1 in CERTIFIED FINANCIAL PLANNER® or CFP® certification and surpassed 5,000 colleagues obtaining the certification as of April 24, 2025 – the highest in the industry. Envestnet | MoneyGuide Integration: Since rolling out in 2024, the financial planning software – paired with deep discovery and personalized relationships – has enhanced Edward Jones financial advisors' ability to offer tailored advice that aligns with clients' preferences, goals and aspirations. Edward Jones believes clients engaging with MoneyGuide as part of their appointments with their financial advisor have higher confidence and satisfaction (Edward Jones internal research). Expanded Banking Services: The firm announced that it submitted an application to the Federal Deposit Insurance Corporation (FDIC) and Utah Department of Financial Institutions (UDFI) to establish Edward Jones Bank, a Utah-chartered industrial bank. If approved, this would complement the co-branded retail banking products intended to launch later this year. Underpinning these achievements is a continued commitment to accelerating progress in its multi-year journey to serve clients and branch teams more completely. Edward Jones announced today it will evolve key roles of its enterprise leadership team, effective June 1, 2025, to guide the firm through this next chapter of its journey, including: David Chubak will step into a new role as Head of Wealth Management & Field Management. Lena Haas, currently responsible for WMAS, will retire at the end of 2025. David Gunn will continue to lead the Canada Business Unit and will also assume responsibility for the U.S. Business Unit. Kristin Johnson, who has served as Chief Transformation Officer, will assume the newly created role of Chief Operating Officer. Andy Miedler will continue as Chief Financial Officer and take on responsibility for leading the Data and Digital teams. Frank LaQuinta, Head of Digital, Data and Operations, will retire at the end of 2025. About Edward Jones Edward Jones is a leading North American financial services firm in the U.S. and through its affiliate in Canada. The firm's more than 20,000 financial advisors throughout North America serve more than 9 million clients with a total of $2.2 trillion in client assets under care as of December 31, 2024. Edward Jones' purpose is to partner for positive impact to improve the lives of its clients and colleagues, and together, better our communities and society. Through the dedication of the firm's approximately 55,000 associates and our branch presence in 68% of U.S. counties and most Canadian provinces and territories, the firm is committed to helping more people achieve financially what is most important to them. The Edward Jones website is at and its recruiting website is Member SIPC. Forward Looking Statements This press release contains forward-looking statements within the meaning of U.S. securities laws. You can identify forward-looking statements by the use of the words 'goals,' believe,' 'evolve,' 'anticipate,' 'intend,' 'will,' and other expressions, which predict or indicate future events and trends and which do not relate to historical matters. You should not rely on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors, some of which are beyond the control of the Partnership. These risks, uncertainties and other factors may cause the actual results, performance or achievements of the Partnership to be materially different from the anticipated future results, performance or achievements expressed or implied by the forward-looking statements. CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER® and CFP® (with plaque design) in the U.S.
Yahoo
24-04-2025
- Business
- Yahoo
Edward Jones Accelerates Value for Clients through New Products, Services and Capabilities
The firm reaches key milestones in its multi-year journey to serve more clients, more completely and sets sights on new opportunities to add value for clients and financial advisors ST. LOUIS, April 24, 2025 /PRNewswire/ -- With trillions of dollars anticipated to change hands across generations and a shortage of financial advisors to serve investors seeking financial advice and guidance, Edward Jones has reached key milestones on its multi-year journey to serve tens of millions of clients more completely. "It's a new year for Edward Jones – our first as a financial planning firm. We've been readying ourselves for this chapter in our 103-year-old growth story by evolving to attract and serve new and different types of clients through experiences, products and services, and technology that meet their unique needs," said Penny Pennington, Managing Partner, Edward Jones. "The strength of our firm and our ambition to more deeply serve our clients, colleagues and communities gives us incredible momentum to be the place North Americans go for advice." Recent Enhancements and Milestones Deeper Client Segmentation: Edward Jones launched Edward Jones Generations™, a private client services offering, with new products and services targeted to high net worth clients. Professional Designations: The firm supports acumen-building through investment in professional designations. Edward Jones is No. 1 in CERTIFIED FINANCIAL PLANNER® or CFP® certification and surpassed 5,000 colleagues obtaining the certification as of April 24, 2025 – the highest in the industry. Envestnet | MoneyGuide Integration: Since rolling out in 2024, the financial planning software – paired with deep discovery and personalized relationships – has enhanced Edward Jones financial advisors' ability to offer tailored advice that aligns with clients' preferences, goals and aspirations. Edward Jones believes clients engaging with MoneyGuide as part of their appointments with their financial advisor have higher confidence and satisfaction (Edward Jones internal research). Expanded Banking Services: The firm announced that it submitted an application to the Federal Deposit Insurance Corporation (FDIC) and Utah Department of Financial Institutions (UDFI) to establish Edward Jones Bank, a Utah-chartered industrial bank. If approved, this would complement the co-branded retail banking products intended to launch later this year. Underpinning these achievements is a continued commitment to accelerating progress in its multi-year journey to serve clients and branch teams more completely. Edward Jones announced today it will evolve key roles of its enterprise leadership team, effective June 1, 2025, to guide the firm through this next chapter of its journey, including: David Chubak will step into a new role as Head of Wealth Management & Field Management. Lena Haas, currently responsible for WMAS, will retire at the end of 2025. David Gunn will continue to lead the Canada Business Unit and will also assume responsibility for the U.S. Business Unit. Kristin Johnson, who has served as Chief Transformation Officer, will assume the newly created role of Chief Operating Officer. Andy Miedler will continue as Chief Financial Officer and take on responsibility for leading the Data and Digital teams. Frank LaQuinta, Head of Digital, Data and Operations, will retire at the end of 2025. About Edward Jones Edward Jones is a leading North American financial services firm in the U.S. and through its affiliate in Canada. The firm's more than 20,000 financial advisors throughout North America serve more than 9 million clients with a total of $2.2 trillion in client assets under care as of December 31, 2024. Edward Jones' purpose is to partner for positive impact to improve the lives of its clients and colleagues, and together, better our communities and society. Through the dedication of the firm's approximately 55,000 associates and our branch presence in 68% of U.S. counties and most Canadian provinces and territories, the firm is committed to helping more people achieve financially what is most important to them. The Edward Jones website is at and its recruiting website is Member SIPC. Forward Looking Statements This press release contains forward-looking statements within the meaning of U.S. securities laws. You can identify forward-looking statements by the use of the words "goals," believe," "evolve," "anticipate," "intend," "will," and other expressions, which predict or indicate future events and trends and which do not relate to historical matters. You should not rely on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors, some of which are beyond the control of the Partnership. These risks, uncertainties and other factors may cause the actual results, performance or achievements of the Partnership to be materially different from the anticipated future results, performance or achievements expressed or implied by the forward-looking statements. CFP Board owns the marks CFP®, CERTIFIED FINANCIAL PLANNER® and CFP® (with plaque design) in the U.S. View original content to download multimedia: SOURCE Edward Jones Sign in to access your portfolio
Bloomberg
10-04-2025
- Business
- Bloomberg
Bloomberg Intelligence: S&P 500 Slides as Trump's Tariff Reprieve Proves Fleeting
Watch Alix and Paul LIVE every day on YouTube: Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel Today's Podcast Features are: Dana D'Auria, Co-Chief Investment Officer, at Envestnet, discusses her outlook for the markets. Fear engulfed Wall Street again as US-China trade tensions escalate, sparking a plunge in stocks, the dollar and oil while bond Michael McKee, Bloomberg International Economics and Policy Correspondent,discusses today's U.S CPI data. U.S inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures. Deborah Aitken, Bloomberg Intelligence Luxury Goods Analyst, discusses Prada agreeing to buy Verace for $1.3 billlion. The Milan-based company, controlled by billionaire designer Miuccia Prada and her husband Patrizio Bertelli, is buying Versace from Capri Holdings Ltd., which paid €1.8 billion ($2 billion) for the brand in 2018. Lara Castleton, US Head of Portfolio Construction and Strategy at Janus Henderson Investors, discusses tariffs and her market outlook. A day after the biggest stock-buying wave in five years, assets tied to the economic cycle are sinking again. Traders are rushing to game out how the effective freezing of Chinese trade will impact corporate earnings, economic growth and new hiring.
Bloomberg
24-03-2025
- Automotive
- Bloomberg
Bloomberg Intelligence: US Treasuries Fall on Tariff Signs
Watch Alix and Paul LIVE every day on YouTube: Bloomberg Intelligence hosted by Paul Sweeney and Alix Steel Today's Podcast Features are: Ira Jersey, Bloomberg Intelligence Chief US Interest Rate Strategist, discusses US Treasuries falling. It's a sign that investors are favoring riskier assets, after reports that the tariffs President Donald Trump is set to announce next month will be more targeted than he has indicated. Dana D'Auria, Co-Chief Investment Officer, at Envestnet, discusses her outlook for the markets. She thinks Tariffs, looming federal budget cuts, and high US equity valuations are the likely causes of this new market correction. This exact mixture of correction 'ingredients' may be new, but corrections themselves are not. Yes, this is a nervous time for investors, however history illustrates that stock market corrections are not unusual. A correction can happen without a corresponding economic recession, and the majority of corrections don't turn into more serious bear markets (which occur when the market drops 20% from its high.) Ros Mathieson, Bloomberg News Director for Europe, the Middle East and Africa, discusses U.S, Russia talks. US and Russian officials are meeting in Saudi Arabia a day after American and Ukrainian teams held talks, as President Donald Trump pushes for progress in achieving a ceasefire in the Russian delegation arrived at the venue on Monday for the closed-door talks with the US in the Saudi capital Riyadh, Russia's Tass news service reported. Ryan Fisher, Bloomberg BNEF EV Charging Team Leader, discusses BYD's announcement that its newest electric vehicle can charge in just five minutes. This brings EVs a step closer to the advantage gasoline has in refueling and crushes the models of competitors. The Chinese manufacturer said that a rapid charge with an unprecedented 1,000 kilowatts of power extends the range of its EV by 400 kilometers (249 miles.)
