Mary-Catherine Lader, Chief Operating Officer, Aladdin Wealth Tech-BlackRock
Accomplishment(s): As wealth managers shift to fee-based advisory relationships, they are asking for new technologies to help them scale their business and build better portfolios.
So in November 2018, we announced a strategic partnership with Envestnet to integrate our digital wealth technologies into Envestnet's platform — and extend BlackRock's reach to the more than 90,000 U.S. financial advisors Envestnet serves.
This partnership is a continuation of BlackRock's Digital Wealth agenda: to empower our wealth management partners to grow their practices through technology. And in 2019 we integrated iRetire into Envestnet's platform. Our partnership is allowing advisors to understand clients' objectives, build and implement better portfolios, and communicate to clients where they stand.
