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Stewart Capital Advisors to Utilize Envestnet Platform
[January 31, 2013]

Stewart Capital Advisors to Utilize Envestnet Platform


Jan 31, 2013 (Close-Up Media via COMTEX) -- Stewart Capital Advisors (SCA), a subsidiary of S&T Bancorp, Inc., recently forged an agreement with Envestnet, a provider of integrated portfolio, practice management and reporting solutions, to list the company's products on Envestnet's portal.

According to a release, as of January 10, financial advisors and institutions were able to begin reviewing and investing in all of Stewart Capital Advisors' products through the Envestnet platform.

"Envestnet's open architecture and solid reputation provide much more visibility for and access to our wide array of financial products," said Malcolm Polley, president and chief investment officer, Stewart Capital Advisors. "We believe such access will enable us to engineer even more aggressive growth, particularly as it relates to Separately Managed Accounts (SMAs) and Unified Managed Accounts (UMAs)." Envestnet partners with a range of industry leaders in the financial community, including nearly 25 custodians, 38 of the top 50 independent broker-dealer firms, nearly 300 separately managed account managers, and more than 60 investment strategists. The open architecture of the Envestnet Advisor Suite allows financial advisors to bring together everything they need - analytics, advisory tools, advanced portfolio solutions, and practice management and reporting capabilities.


More information: www.stewartcap.com ((Comments on this story may be sent to [email protected]))

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