Investnet Credit Exchange residential mortgage and consumer unsecured loan services now available through MML Investors Services



Access to credit solutions can help clients manage both sides of their balance sheet

CHICAGO, October 18, 2021 / PRNewswire / – Envestnet Announces Representatives of Investment Advisors (IAs) Affiliated with MML Investors Services, LLC (MMLIS) Can Now Offer Envestnet Credit Exchange Services to Access Residential Real Estate and Consumer Lending Opportunities unsecured.

Envestnet https://www.envestnet.com/ (PRNewsfoto / Envestnet, Inc.)

“Envestnet Credit Exchange can ease the transition from an asset-centric business advisory practice to a business offering a full range of financial solutions to clients,” said Andrew Stavaridis, Director of Relations at Envestnet. “Credit is a key area of ​​a consumer’s financial life that advisers can tackle – and with Envestnet Credit Exchange, advisors and their clients can get a head start in finding viable lending opportunities.

The Investnet Credit Exchange provides MMLIS IA representatives with access to a wide range of providers of residential real estate and unsecured loans. MMLIS IA representatives can present loan opportunities to their clients to help them honor what is usually their largest loan – a mortgage – as well as unsecured loans to fund virtually any other need.

According to the Federal Reserve Board of new York, mortgages accounted for 69% of consumers’ personal credit balances at the end of the first quarter of 2021. By the end of the quarter, 116 million credit applications had been made by Americans in the previous six months.

The Investnet Credit Exchange helps wealth managers support more of clients’ financial goals, such as cash flow, education, home buying and refinancing, business investments, and tax obligations.

MMLIS launched Envestnet Credit Exchange, powered by the Advisor Credit Exchange (ACx) and available through sponsor and advisor portals on the Envestnet platform, for residential real estate and unsecured lending solutions on a pilot basis earlier this year.

“By bringing together asset management and liability management on a single platform, we enable wealth managers to work with clients to manage both sides of their balance sheet,” said Peter Stanton, CEO of Advisor Credit Exchange. “The relationships we foster can give advisors the power and confidence to advise clients on all aspects of credit and help them find the ideal credit solutions to meet their needs.

About Investnet

Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). Envestnet is transforming the way financial and wellness advice is delivered. Our mission is to empower financial advisers and service providers with innovative technologies, solutions and information to make financial wellness a reality for all. Almost 108,000 advisors and more than 6,000 companies, including 17 of the 20 largest U.S. banks, 46 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs and hundreds of FinTech companies, leverage using Envestnet technology and services that help drive better outcomes for businesses, advisors and their clients.

For more information, visit www.envestnet.com, subscribe to our blog and follow us on Twitter (@ENVintel) and LinkedIn.

About Advisor Credit Exchange, LLC

The Advisor Credit Exchange (ACx) is a technology-enabled network that brings together lenders and wealth managers, enabling investment firms and advisors to deliver financing solutions to increase their clients’ net worth and achieve their financial goals. By integrating liability management with asset management and protection solutions, ACx has created new opportunities for advisors to help clients achieve financial well-being.

For more information on the Advisor Credit Exchange, please visit www.advisorcreditexchange.com.

Envestnet, Inc. has a financial interest and serves on the board of directors of Advisor Credit Exchange. ACx provides lending solutions to advisors and their clients through the Envestnet platform through the subsidiary of Investnet, Envestnet Financial Technologies.

Neither ACx nor Envestnet offer lending products or make lending decisions. Funding and administration of all loans is provided by separate, unaffiliated financial institutions.

Media contact:

Dana taormina
JConnelly for Envestnet
973.647.4626
[email protected]

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SOURCE Envestnet, Inc.



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