CHICAGO, March 25, 2021 / PRNewswire / – Envestnet, Inc. (NYSE: ENV) announces that BOK Financial (NASDAQ: BOKF) joined the Envestnet Trust Services Exchange, powered by Trucendent, in a partnership to provide financial advisors and their clients with access to a nationally chartered, advisor-friendly trust company offering a wide range of services.

The Envestnet Trust Services Exchange was created through a partnership with Trucendent, a provider of tools and solutions for advisors to strengthen their understanding and use of trusts in estate planning. BOK Financial Advisor Trust Services is now available on the Trust Services Exchange of Investnet, fulfilling an essential role in the wealth transfer process.

“Designating a friend or family member as an administrator might seem like a simple solution, but it might not always be the best solution. Most people don’t have the expertise and experience to serve as a director, ”said Jean Yackel, Executive Managing Director and Head of Strategic Initiatives at Envestnet. “Considering the extent of the responsibilities involved and the potential liability in the event of an error, choosing a professional trustee may be a better alternative. Another key benefit of this integrated platform is that it gives advisors with clients, who may be unhappy with their current corporate trustee, the flexibility to potentially move those relationships to this offering and enjoy an integrated customer experience. and improved, while capturing new assets. ”

Envestnet Trust Services Exchange is the only advisor-centric offering that supports the entire wealth transfer process. This solution integrates goal setting, advice creation, documentation, account implementation and trustee services while leveraging a powerful network of third-party estate planning lawyers.

“Envestnet and BOK Financial are aligned on the mission of empowering advisors to better serve their clients through trust administration solutions.” noted Rosemary Hueser, Senior Vice President, Director of Trust Services for BOK Financial Advisors. “Our trust administration solutions can help improve, strengthen and develop advisor relationships with clients, as well as their practices in capturing and maintaining trust assets. This partnership allows us to meet and work with today’s most forward-thinking advisors on platforms that they are comfortable with and within their natural planning processes. ”

Envestnet Trusted Services Exchange will be fully integrated with Envestnet | MoneyGuide, Envestnet | Tamarac, and other offerings within the Envestnet ecosystem. This will allow Advisors to integrate this new trust account management capability into the platforms and workflows that govern their practices today.

About Investnet

Envestnet, Inc. (NYSE: ENV) 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. More than 106,000 advisors in more than 5,100 companies, including 17 of the 20 largest US banks, 47 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs and hundreds of fintech companies , take advantage of the Envestnet platform to develop their activities and customer relationships.

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

For more information on Trucendent, please visit

About BOK Financial Company

BOK Financial Corporation is a $ 47 billion regional financial services company headquartered in Tulsa, Oklahoma with $ 92 billion in assets under management and under administration. The company’s shares are listed on the NASDAQ under the Global Select market (BOKF). BOK Financial Corporation’s holdings include BOKF, NA; BOK Financial Securities, Inc., BOK Financial Private Wealth, Inc. and BOK Financial Insurance, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management and BOK Financial Asset Management, Inc. BOKF, NA operates banking divisions in eight states in as long as: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas; and BOK Financial in Arizona, Arkansas, Colorado, Kansas and Missouri; as well as having limited-use offices in Nebraska, Milwaukee and Connecticut. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage, investment, trust and insurance services, mortgage services and services, as well as an electronic funds transfer network. For more information, visit

This version refers to information products or services which may be under development and which are not yet available. Accordingly, nothing in this release should be construed as a representation or legal agreement by Envestnet to make available specific products or services (including, without limitation, concepts, systems or techniques). BOK Financial and Envestnet are separate, unaffiliated companies. This press release should not be construed as a recommendation or endorsement of any particular product, service or company.

Media contact:

Dana taormina
JConnelly for Envestnet
[email protected]

SOURCE Envestnet, Inc.


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