“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.