Envestnet Portfolio Solutions (EPS) is an investment management firm that provides investment management and advisory services through independent investment advisor firms for use with their clients. EPS also serves institutional clients. EPS provides advisors with investment sub-advisory services through its Private Wealth Management programs. EPS also offers advisors advisory service tools, administrative and technology services, and investment research and due diligence.
Fee Structure
EPS does not directly manage investments for individual investors. EPS provides sub-advisory services to independent advisors who then work with individual clients. The fees for these services are determined by the advisor and may vary. EPS charges a program fee, which includes investment management services, research, account performance calculations, rebalancing, reporting, and other administrative services. The program fee does not include the advisor's fee, which generally ranges from 0.80% to 1.10%.