HighTower has joined forces with Envestnet | Retirement Solutions (ERS) to provide a retirement plan solution to advisers as they work to meet clients’ needs. With the integration of ERS to its technology platform, HighTower advisers can expand client relationships through ERS’s integrated practice management and fiduciary services platform.
HighTower provides advisers access to wealth management solutions through its research division, Global Investment Solutions (GIS). The division performs research and due diligence for the custodial and third-party platforms HighTower offers to advisers. ERS provides a retirement platform addressing the regulatory, technology, data, and investment requirements of retirement plans, while delivering solutions to plan participants, sponsors, and institutions.
“ERS empowers advisers with scalable, customizable technology that integrates fiduciary services and managed accounts to help enhance the outcomes for both plans and participants,” says Babu Sivadasan, group president, ERS. “Our partnership with HighTower aligns two leading firms with a shared commitment to delivering fiduciary support for the advisor/client relationship with best-in-class products and services.”