C$ unless otherwise stated
OAKVILLE, ON, May 31, 2023
/CNW/ - Manulife Securities, a company of Manulife Investment
Management, today announced enhancements to its advisor experience
with Envestnet's Unified Managed Platform.
"As a leading provider of holistic wealth advice in Canada, we feel both a responsibility and a
privilege to offer the most robust technology possible to our
advisors and clients," said Leo
Zerilli, head of wealth and asset management, Canada, Manulife Investment Management.
"Delivering a new portfolio management system will ultimately allow
our advisors to provide world-class financial advice to more
Canadians as our wealth businesses continue to be a key driver of
growth for the firm."
The new technology will provide Manulife Securities advisors
advanced portfolio management and trading tools, including proposal
generation, model management and account rebalancing, account
monitoring and client reporting. It will also allow Manulife
Securities to expand its offerings to include unified managed
account (UMA) platforms and increased access to model portfolios.
Manulife Securities will be utilizing Envestnet's Wealth Platform
to underpin its managed programs and provide advisors with an
engaging portfolio management platform that will empower them to
construct and manage client portfolios in a highly-efficient
"We are excited to take another next step in our digital
transformation by providing this upgraded experience to our
advisors and their clients," said Richard
McIntyre, president and CEO, Manulife Securities. "The
Envestnet platform will improve advisor productivity and reduce
administrative burden with enhanced technology and introduces new
opportunities to offer our clients a consolidated experience."
Manulife Securities has more than 1,200 advisors across
Canada and more than $49 billion in assets under management and
administration.1, 2 Manulife Investment Management
provides a broad range of retirement, retail and institutional
investment solutions and support for advisors and their clients and
manages over $212 billion in assets
under management and administration in Canada.2
For more information about Manulife Securities please click
1 Manulife Securities
includes a leading independent investment dealer, mutual fund
dealer and managing general agency.
2.As of December 31,
About Manulife Investment Management
Management is the global brand for the global wealth and asset
management segment of Manulife Financial Corporation. We draw on
more than a century of financial stewardship and the full resources
of our parent company to serve individuals, institutions, and
retirement plan members worldwide. Headquartered in Toronto, our extensive capabilities in public
and private markets are strengthened by an investment footprint
that spans 19 geographies. We complement these capabilities by
providing access to a network of unaffiliated asset managers from
around the world. We're committed to investing responsibly across
our businesses. We develop innovative global frameworks for
sustainable investing, collaboratively engage with companies in our
securities portfolios, and maintain a high standard of stewardship
where we own and operate assets, and we believe in supporting
financial well-being through our workplace retirement plans. Today,
plan sponsors around the world rely on our retirement plan
administration and investment expertise to help their employees
plan for, save for, and live a better retirement. Not all offerings
are available in all jurisdictions. For additional information,
please visit manulifeim.com.
Manulife and Envestnet are separate and unaffiliated firms. This
release should not be construed as a recommendation or endorsement
of any particular product, service, or firm.
SOURCE Manulife Investment Management