Envestnet Loan Portal Just Weeks From Full Deployment

Flexibility and efficiency for advisors is paramount, said Peter Stanton, president and CEO of Advisor Credit Exchange, Envestnet’s partner in developing the portal. Lenders interested in being on the platform have to submit proposals that include quantitative factors, like the pricing and underwriting criteria they use, as well as “the effectiveness of their process, their knowledge, experience and ability of working with advisors in the past,” he explained. Envestnet is vetting lenders to ensure that “they know what it means to be sensitive, and be aware of, and be cognizant of, the relationship between the advisor and the client.” Read full article >>>>