Envestnet Integrates Vanguard Tax-Aware Portfolios for Advisors, Targeting After-Tax Returns at No Added Cost
Updated
Updated · Wealth Management · Jul 10
Envestnet Integrates Vanguard Tax-Aware Portfolios for Advisors, Targeting After-Tax Returns at No Added Cost
3 articles · Updated · Wealth Management · Jul 10
Summary
Envestnet expanded its Vanguard partnership by adding Vanguard’s Advisor’s Alpha framework to its Wealth Management Platform alongside tax-aware portfolio management tools for advisors.
The integration is designed to turn tax-aware investing from a manual process into a scalable model-portfolio approach, helping advisors deliver more personalized after-tax outcomes.
Vanguard is also joining Envestnet’s Fund Strategist Tax Management Advantage program, which the companies said removes cost barriers to tax management services.
Eligible advisors using Fund Strategist Portfolios, including Vanguard Active-Passive model portfolios, can apply ongoing tax management tied to client preferences at no additional cost.
The move builds on Vanguard’s more than 25 years of research behind Advisor’s Alpha, including tax-efficient retirement strategies and tax-loss harvesting.