Envestnet seeks to make it easier for customers to connect, grow, protect and manage the financial wellness of their business all in one place.
The new tool makes it easier for advisers to reach prospective clients and gain insight into their needs, preferences and interests.
Its retirement plan participant clients can now access personalized information, including frequently-asked account queries, through their Alexa-enabled devices.
The platform aims to process plan transactions from reputable, timely providers.
Participants will be able to monitor spending habits, manage finances and determine savings goals, says the firm.