Redi2 (Envestnet Revenue Manager)

Category: Family Office Software

Headquarters: US, Global

Customers: Over 1,400 users

Website: https://www.redi2.com

Envestnet Revenue Manager is a comprehensive billing and revenue management solution tailored for the financial services industry. Focused on enhancing billing processes, this platform empowers financial advisors and wealth managers to efficiently service their clients. Envestnet's offerings cater to a range of financial professionals, including registered investment advisors (RIAs), wealth managers, asset managers, and broker-dealers, providing them with robust tools to manage complex billing requirements and deliver precise financial management.

The platform delivers a suite of solutions designed to address the specific needs of various financial entities. Envestnet Revenue Manager is known for unlocking the full potential of financial data, allowing firms to make informed strategic decisions while maximizing back-office return on investment (ROI). This is achieved through its high-performance capabilities, scalability, and ability to handle high-volume architectures, making it suitable for large-scale operations.

Key features of the Envestnet Revenue Manager include a 100% client satisfaction rate and a user base of over 1,400 professionals. The platform is equipped to handle intricate billing scenarios such as fee-splitting and advisor compensation, allowing firms to define specific rules at the firm, client, or account level. These functionalities ensure that the billing process is not only accurate but also transparent, catering to the diverse needs of financial advisors and their clients.

Envestnet Revenue Manager serves a wide client base, including single-family offices, multi-family offices, RIAs, private banks, and wealth managers. Its partnerships and integrations with various technology and operational platforms create a rich ecosystem that enhances the platform's capabilities. By integrating with first- and third-party technologies, Envestnet offers a holistic technology stack that simplifies day-to-day operations and maximizes value.

The technical capabilities of Envestnet Revenue Manager are robust, offering a cloud-based infrastructure that supports seamless integration with other financial systems. This flexibility ensures that financial entities can easily adopt the platform within their existing technological frameworks. The platform's integration options include APIs and data connectivity solutions, facilitating smooth collaboration with various financial institutions and technology providers.

Key Features

Envestnet Revenue Manager provides a comprehensive suite of billing and revenue management solutions designed specifically for family offices and financial advisors. With a cloud-based approach, the platform offers enhanced billing processes, precise revenue management, and strategic decision-making tools. Its core capabilities focus on maximizing back-office ROI and simplifying complex billing structures.

Use Cases

Envestnet Revenue Manager is designed to support a variety of implementation scenarios across different financial entities. It is ideal for single-family offices, multi-family offices, private banks, wealth managers, and RIAs looking to optimize their billing processes. The platform enhances operational workflows and provides strategic insights for better financial management.

Integrations

Envestnet Revenue Manager offers robust integration capabilities with a wide array of financial platforms and technologies. Through its network of first- and third-party integration partners, the platform supports seamless data connectivity and API availability, enabling financial entities to build a comprehensive technology stack.