Osaic is expanding its partnership with Envestnet to provide advisors with a more unified and integrated wealth management technology experience, helping drive scalability, operational efficiency, and business growth across Osaic’s platform.
The expanded relationship enables Osaic advisors to manage client assets more efficiently through a centralized platform powered by Envestnet’s Adaptive WealthTech infrastructure. As of March 31, 2026, Envestnet supported more than 733,000 Osaic advisor accounts.
The partnership reflects increasing industry adoption of advisory solutions such as unified managed accounts (UMAs), separately managed accounts (SMAs), and fund strategist provider (FSP) sleeves. These solutions are delivered through Osaic’s Wealth Management Platform (WMP), which is powered by Envestnet and designed to streamline portfolio management while improving client outcomes.
The firms are also increasing collaboration between their respective growth and consulting teams to help advisors accelerate business development and improve operational capabilities. Osaic said assets on its Wealth Management Platform increased 20% year over year from 2024 to 2025, highlighting continued advisor adoption of integrated wealth technology solutions.
According to Cerulli, 87% of advisors believe their technology stack effectively supports key business objectives, while 35% cited improved client experience and 33% pointed to efficient investment management delivery as key benefits. Osaic and Envestnet said their collaboration is designed to help advisors realize those outcomes.
The companies also highlighted growth in high-net-worth advisory capabilities through Envestnet Private Wealth. Adoption of Envestnet Private Wealth solutions across the Osaic platform has increased approximately 60% over the past two years. The offering gives advisors access to personalized portfolio construction capabilities for high-net-worth and ultra-high-net-worth clients, along with more than 5,000 approved investment strategies spanning SMAs, alternatives, and other investment products.
Envestnet currently manages approximately $7.0 trillion in platform assets and serves financial advisors across banks, brokerages, RIAs, and wealth management firms.
KEY QUOTES:
“Our platform was built to simplify the complexities involved in RIA acquisitions and onboarding, which is why we are the ideal partner to help Osaic offer these significant cooperation-driven opportunities to its advisors. The asset streamlining and advisor scalability our ecosystem delivers is aligned with our business objectives, and can fundamentally change what Osaic’s affiliated advisors can do for their clients and their practices.”
Chris Todd, Chief Executive Officer, Envestnet
“Envestnet has played a central role in helping us create a more unified, scalable advisor experience across our business. By helping advisors spend more time with clients and prospects through model portfolios, streamline assets across accounts onto one platform and access high-quality asset managers, Envestnet gives our advisors the visibility, scale, and efficiency they need to grow their businesses and strengthen outcomes for clients.”
Greg Cornick, Executive Vice President of Wealth Management Solutions, Osaic
“With more than 5,000 approved investment strategies across SMAs, alternatives, and more, as well as over 120 experienced and dedicated investment professionals and nearly 40 years of consulting experience, we can empower Osaic’s advisors to deliver more for their clients, in areas where it matters most. We are proud to support Osaic’s advisors in delivering more sophisticated, personalized outcomes for their high-net-worth clients, and we see that reflected in the meaningful growth in Private Wealth adoption across their platform.”
Michael Featherman, CFA, Head of Advisor Sales and Wealth Consulting, Envestnet
