Jun 26, 2012 --- Achaean
Financial announced a strategic partnership with Envestnet, which will allow the
integration of Achaean's software into Envestnet’s wealth management platform. ---
"This partnership provides the
most comprehensive solution for advisers and their clients to develop the
investment strategies that meet their retirement-income needs,” said Mike
Henkel, chief executive of Achaean Solutions.
Once the investor and adviser
develop a retirement plan using Achaean's Retirement Outcome, the results can
be added to a proposal on the Envestnet platform. Advisers can then select
appropriate investment solutions as well as annuities available on the
Envestnet platform, which are incorporated into their proposals and quarterly
While the two programs can be used together today, full integration is
scheduled for November.