Power Your Advice

Today we speak with Michael Featherman, Head of Advisor Sales and Wealth Consulting at Envestnet, about helping advisors scale their high-net-worth offerings. Michael introduces Envestnet’s Private Wealth Consulting program, a fully outsourced solution designed to deliver a family office experience for clients in the $5–30 million range. By offloading investment management and layering in services like tax optimization, trust capabilities, and private market access, advisors can focus on deepening client relationships.

Michael also highlights how tools like direct indexing, ESG overlays, and Envestnet’s proposal desk drive hyper-personalization at scale. He shares how younger investors are demanding values-aligned portfolios and how AI is streamlining both marketing and platform development. His core message: time is an advisor’s most limited resource—and outsourcing is the key to unlocking growth.

Recorded at Envestnet Elevate 2025

Resources: Envestnet

Disclosures:

The information, analysis, and opinions expressed herein are for general information only. The views expressed herein reflect the judgement of the speakers as of the recording date and are subject to change at any time without notice. Information obtained from third party resources are believed to be reliable but not guaranteed. Nothing contained in this document is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. Investing carries certain risks and there is no assurance that investing in accordance with the portfolios or strategies mentioned will provide positive performance over any period of time. Past performance is not indicative of future results. 

Envestnet has entered into a strategic partnership with BlackRock, SSGA, Fidelity, and the affiliated registered investment advisers of Franklin Templeton (each a “Premier Partner”). The Premier Partners will pay Envestnet compensation for this endorsement, which creates an incentive for Envestnet to recommend Premier Partners to you, resulting in a material conflict of interest for Envestnet. For more information regarding the Premier Partner compensation to Envestnet and related conflicts, please see Envestnet’s Form ADV Part 2A. https://www.envestnet.com/sites/default/files/2022-12/EAM-ADV-Part2A.pdf

Investments that utilize an environmental, social and governance (¨ESG¨) strategy carry specific risks that investors should consider before investing in ESG portfolios. Pursuing an ESG investment strategy may limit the types and number of certain issuers for nonfinancial reasons, as a result, may lead to underperforming other funds that do not have an ESG focus. A fund’s ESG investment strategy may result in the fund investing in securities or industry sectors that underperform the market as a whole or underperform other funds that are not ESG integrated or screened for ESG standards.

Neither Envestnet, Envestnet | PMC nor its representatives render tax, accounting or legal advice. Any tax statements contained herein are not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Taxpayers should always seek advice based on their own particular circumstances from an independent tax advisor. Client must carefully determine if the use of tax overlay services is appropriate for their circumstances, risk tolerance, and investment objectives. Tax management services are limited in scope and are not designed to permanently eliminate taxes in the account. In providing tax overlay services, Envestnet will allow Client’s account to deviate from Client’s selected investment strategy. Client’s account may experience significant performance differences from the selected investment strategy due to Client’s selection of tax overlay services. Envestnet makes no guarantee that the account’s performance will be within any range of the selected investment strategy or the strategy´s benchmark. If Client subsequently disables tax overlay services this may result in the recognition of significant capital gains.

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Today we talk with Andrew Stavaridis, Chief Relationship Officer at Envestnet, about how advisors can better serve high net worth clients. Andrew highlights Envestnet’s investments in UMA, tax overlay, planning tools, and data analytics to help advisors scale, stay compliant, and deliver a more personalized, holistic experience.

He stresses that winning and retaining high net worth clients requires deeper relationship-building, advanced planning, and access to a broad product set—including alternatives. As fee compression continues and DIY platforms grow, Andrew sees a key opportunity for advisors to differentiate through high-touch service and expert guidance in today’s complex, volatile markets.

Recorded at Envestnet Elevate 2025

Resources: Envestnet

Disclosures:

The information, analysis, and opinions expressed herein are for general information only. The views expressed herein reflect the judgement of the speakers as of the recording date and are subject to change at any time without notice. Information obtained from third party resources are believed to be reliable but not guaranteed. Nothing contained in this document is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. Investing carries certain risks and there is no assurance that investing in accordance with the portfolios or strategies mentioned will provide positive performance over any period of time. Past performance is not indicative of future results.

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Today we talk with Morgan Ludovico, Director of Intermediary Sales at StoneCastle, where we discuss how advisors are engaging the cash conversation and utilizing KEEP by StoneCastle as a powerful driver of organic growth. KEEP is an enhanced savings solution offering up to $100 million in federal insurance per tax ID, competitive rates, full liquidity, and no fees—designed to simplify the advisor-client conversation and capture held-away assets.

Morgan outlines four key opportunities for advisors—held-away, affiliated, institutional, and impact cash—and explains why cash is often the fastest, easiest path to growth. With trillions sitting in uninsured or low-yield accounts, KEEP helps advisors protect client assets, build trust, and expand relationships. Backed by StoneCastle’s singular focus and institutional pedigree, KEEP gives advisors a scalable solution in a volatile market.

Resources: KEEP by StoneCastle

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Today we sit down with Sharon Watson, Wealth Solutions Strategist at First Command, to talk about about their mission to serve military families through personalized financial coaching. Built for those often overlooked by traditional wealth firms, First Command helps clients build financial readiness through budgeting, risk management, and long-term savings—starting with small-dollar planning and growing alongside them through their careers.

Sharon shares how client feedback, especially from those who left, sparked a digital transformation focused on transparency, customization, and better integration. By adopting tools like MoneyGuidePro and Yodlee, First Command now delivers more flexible, goal-based planning while preserving its personal, face-to-face ethos. From basic literacy to legacy-building, First Command is helping military families turn discipline into lifelong financial security.

Recorded at Envestnet Elevate 2025

Resources: First Command

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Today we talk with Natalie Wolfsen, CEO of Orion, about how advisors can future-proof their practices through smarter tech adoption, AI, and personalized client experiences. Drawing from Orion’s 2025 Wealthtech and Investor Surveys, Natalie highlights that most advisors use just 60% of their tech stack, but many are prioritizing better integration and personalization to drive growth.

Natalie positions AI as a “force multiplier” that deepens advisor-client relationships rather than replacing them. She explains how Orion’s unified ecosystem—including behavioral finance tools, OCIO services, and scalable investment solutions—helps advisors eliminate complexity and focus on what they do best. With a massive generational wealth transfer underway, advisors who embrace technology now will be best positioned to grow and lead.

Resources: Orion

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In this episode, we sit down with Rich Romano, CEO of FIDx, to talk about how technology is transforming the integration of insurance into wealth management. From eliminating inefficiencies to enabling seamless platform experiences, FIDx is helping advisors offer annuities alongside managed accounts without disrupting their workflow.

Rich also shares how fee-based annuities, insurance overlays, and internal AI tools are driving innovation and improving outcomes. As market uncertainty grows, FIDx is making it easier for advisors to deliver protection, income, and peace of mind—without moving assets or adding complexity.

Recorded at Envestnet Elevate 2025

Resources: FIDx

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Today we talk with Andrew Hsu, founding member and Portfolio Manager at DoubleLine, about their new ETF: DABS, an ETF focused exclusively on asset-backed securities (ABS). Andrew explains why ABS are gaining attention beyond institutional investors, citing their low correlation, strong yields, and resilience. He breaks down what ABS are, how they differ from other fixed income products, and why now is the right time to make them accessible to a broader audience.

Andrew details DoubleLine’s active management strategy for DABS, which targets income and total return through diversified exposure to both consumer and commercial ABS. With a current focus on infrastructure-like assets and high-quality consumer loans, the fund is positioned to navigate a slowing economy while maintaining flexibility. He sees growing interest in ABS from new sectors and investors, and views DABS as a core building block for modern fixed income portfolios.

Resources: DoubleLine

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Today, Doug talks with Julia Reed, National Director of Charitable Consulting at DAFgiving360TM, about how advisors can strengthen client relationships through philanthropic planning. Julia explains how donor-advised funds (DAFs) offer tax-smart, flexible solutions that align financial strategies with personal values, while helping advisors deepen multi-generational ties and differentiate their practices.

She shares key moments to introduce charitable giving conversations, strategies to maximize the impact of donations, and how DAFs fit into retirement and legacy planning. Julia also highlights resources advisors can use to build confidence around philanthropy and encourages viewing charitable planning as a meaningful, relationship-driven part of wealth management.

If you’d like to learn more about working with DAFgiving360 and the benefits to both you and your clients, review their online resources or request more information.

DAFgiving360 is the name used for the combined programs and services of Donor Advised Charitable Giving, Inc., an independent nonprofit organization which has entered into service agreements with certain subsidiaries of The Charles Schwab Corporation. DAFgiving360 is a tax-exempt public charity as described in Sections 501(c)(3), 509(a)(1), and 170(b)(1)(A)(vi) of the Internal Revenue Code.

Contributions made to DAFgiving360 are considered an irrevocable gift and are not refundable. Once contributed, DAFgiving360 has exclusive legal control over the contributed assets.

Contributions of certain real estate, private equity, or other illiquid assets may be accepted via a charitable intermediary, with proceeds transferred to a donor-advised fund (DAF) account upon liquidation. Call DAFgiving360 for more information at 800-746-6216.

A donor’s ability to claim itemized deductions is subject to a variety of limitations depending on the donor’s specific tax situation.

DAFgiving360 does not act as trustee or custodian. Donors should consult their legal or tax advisor about their particular circumstances.

DAFgiving360 does not provide legal or tax advice. Please consult a qualified legal or tax advisor where such advice is necessary or appropriate.

©2025 Donor Advised Charitable Giving, Inc. All rights reserved.

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On this episode, Doug speaks with Molly Weiss, President of the Wealth Management Platform at Envestnet, about how the firm balances innovation with simplicity across its platform. Molly shares Envestnet’s dual-track approach to development—advancing core systems while rapidly testing new features—and explains how modern APIs help integrate acquisitions without compromising user experience.

She also highlights how AI and automation are enhancing advisor efficiency by surfacing actionable insights, not replacing relationships. With over 19,000 data sources powering its wealth data platform, Envestnet enables more holistic, personalized advice. Molly emphasizes configurability, seamless workflows, and a human-first mindset as essential to meeting the evolving needs of both advisors and clients.

Recorded at Envestnet Elevate 2025

Resources: Envestnet

Disclosures:

The information, analysis, and opinions expressed herein are for general information only. The views expressed herein reflect the judgement of the speakers as of the recording date and are subject to change at any time without notice. Information obtained from third party resources are believed to be reliable but not guaranteed. Nothing contained in this document is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. Investing carries certain risks and there is no assurance that investing in accordance with the portfolios or strategies mentioned will provide positive performance over any period of time. Past performance is not indicative of future results.

There are risks inherent in AI technology and its application in the financial sector, including embedded bias, privacy concerns, outcome opaqueness, performance robustness, unique cyberthreats, and the potential for creating new sources and transmission channels of systemic risks. Trends or potential transactions identified by AI are for informational purposes only and are not to be construed as an instruction to take any specific action. Envestnet, Inc. and its subsidiaries and affiliates are not responsible for any decisions or recommendations you may provide to your clients.

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In today’s episode, Doug talks with Kevin Jones, Divisional Sales Manager at Lincoln Financial, about why fixed indexed annuities (FIAs) are gaining traction amid market volatility. With cash on the sidelines, record 401(k) balances, and the “Peak 65” retirement wave underway, Kevin highlights how FIAs offer downside protection, tax-deferred growth, and equity market exposure—making them a strong fit for today’s retirement portfolios.

Kevin also shares updates on Lincoln’s DRC 10 trigger strategy, which has delivered competitive returns and now includes a trigger lock option for added rate certainty. Looking ahead, Lincoln is expanding its FIA lineup with two new multi-year participation accounts. Beyond products, Kevin emphasizes advisor support through Lincoln’s Market Intel Exchange, a curated resource helping professionals educate and empower clients to make confident financial decisions.

Download the latest edition of Lincon’s flagship chartbook, updated monthly with data and insights on the economy, markets and investment trends, and sign up for future updates.

Resources: Lincoln Financial

A fixed indexed annuity is intended for retirement or other long-term needs. It is intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses. A fixed indexed annuity is not a registered security or stock market investment and does not directly participate in any stock or equity investments, or index. 

Lincoln fixed indexed annuities are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. Contractual obligations are subject to the claims-paying ability of The Lincoln National Life Insurance Company.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.

For more information, visit LincolnFinancial.com.

LCN-7912508-042925

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