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Envestnet Tops 2024 ‘Wealthies’ Finalists List With Seven Nominations

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Recognition Spans ‘All-In-One’ Platforms, Innovation, Direct Indexing, Retirement, and Annuities Showcasing Envestnet’s Comprehensive Solutions and Integrations

BERWYN, Pa., Aug. 27, 2024 /PRNewswire/ — Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, announced that its ecosystem has been recognized as a finalist for seven 2024 Wealth Management Industry Awards (“Wealthies”). Envestnet’s ecosystem received the highest number of finalists from a field of more than 1,000 entries across over 400 companies when including its Exchanges.

To view the full list of finalists, please visit: https://informaconnect.com/wealth-management-industry-awards/2024-finalists/.

“Envestnet is honored by this recognition, which reflects our unwavering commitment to empowering financial advisors through our integrated wealth management platform. Our nominations across diverse categories underscore the breadth and innovation of the Envestnet ecosystem,” said Molly Weiss, Group President, Wealth Management Platform, Envestnet. “We’re also excited that Advisor Credit Exchange, which powers the Envestnet Credit Exchange, is a finalist in two categories, recognized for its innovation in enabling financial advisors to seamlessly manage clients’ cash and credit alongside investments.”

Celebrating its tenth year in September, the Wealthies recognize top companies, individuals, and organizations dedicated to supporting financial advisor success. Envestnet has been named a finalist this year for the following innovations, reinforcing the holistic solutions and platform it delivers for financial advisors:

Quantitative Portfolios (CATEGORY: Direct Indexing for Asset Managers): Envestnet’s Quantitative Portfolios (QPs) are its internally managed direct indexing solutions for advisors available on its platform. QRG Capital Management, Inc., an Envestnet subsidiary, drives the QPs with its research framework, construction techniques, and portfolio management experience. Over the past three years, Envestnet’s QPs offerings have grown by 40% annually in accounts and advisors. Since its launch in 2013, direct indexing has become the most popular separate account strategy across the Envestnet ecosystem.

Access to Annuities via the Insurance Exchange (CATEGORY: Insurance): The Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx), gives access to many types of annuities, enabling advisors to deliver fully integrated advice through Envestnet’s ecosystem. It provides end-to-end management of annuity solutions through the Envestnet platform so that advisors can seamlessly plan, research, propose, open, and actively manage annuities from leading carriers. A prominent registered investment adviser began using the Envestnet Insurance Exchange in 2022 and created a proprietary advisory annuity for its advisors. Since then, they’ve expanded the use of the platform to include more than 600 active advisors, with an average of 22 new users each month.

Retire Complete (CATEGORY: 401(k) Technology for Retirement Plan Support and Advisor Services): In November 2023, Envestnet deepened its relationship with Empower to launch Retire Complete, a turnkey digital 401(k) solution offering retirement plan sponsors access to high-quality plans within minutes. Envestnet Retire Complete can support advisors and their business owner clients in the retirement market, combining Envestnet’s fiduciary guidance and investment due diligence with Empower’s personalized communications and investments, to help more employers provide competitive 401(k) plans. This solution creates an opportunity for advisors to help businesses deliver value to their employees—while helping to address fiduciary concerns and service challenges associated with running a retirement plan, enabling more organizations to offer a competitive benefits package for attracting and retaining top talent.

Envestnet Wealth Management Platform (CATEGORY: Innovation Platforms): Envestnet has transformed the way fee-based financial advice is delivered through its Wealth Management Platform. Serving the wealth management industry for 25 years with more than $6 trillion in platform assets, Envestnet is helping to lead the growth of wealth managers and transforming the way financial advice is delivered through its ecosystem of integrated technology, advanced insights, and comprehensive solutions. It is positioned to help advisors adapt to changes in how essential advice is defined and delivered.

Envestnet Wealth Management Ecosystem (CATEGORY: Unified (All-In-One) Systems): Envestnet refines its ecosystem to empower advisors and enterprises, aiming to enable them to maximize the value they deliver to clients. Envestnet has been at the forefront of the wealth management industry for 25 years, offering essential tools and support to empower financial advisors. With a wide range of services including TAMP, and through partnerships, access to insurance, credit, trust services, and alternatives, Envestnet’s ecosystem caters to the diverse needs of clients. Leveraging 100+ data insights, with millions of specific account incidents, advisors can enhance client service delivery and bring efficiency to their practices. Envestnet’s commitment to improving advisors’ daily experiences drives it to innovate, providing technology-driven solutions that help foster growth, productivity, and deeper client engagement.

In addition to being named a finalist in these categories, the Advisor Credit Exchange (ACE), which powers the Envestnet Credit Exchange, was named a finalist in two categories. The winners for this year will be announced at a black-tie ceremony on September 5, 2024, at the Ziegfeld Ballroom in New York City.

About Envestnet
Envestnet is helping to lead the growth of wealth managers and transforming the way financial advice is delivered through its ecosystem of connected technology, advanced insights, and comprehensive solutions – backed by industry-leading service and support. Serving the wealth management industry for 25 years with more than $6.2 trillion in platform assets—more than 110,000 advisors, 17 of the 20 largest U.S. banks, 48 of the 50 largest wealth management and brokerage firms, more than 500 of the largest RIAs — thousands of companies, depend on Envestnet technology and services to help drive business growth and productivity, and better outcomes for their clients. Data as of 6/30/24.

Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). For a deeper dive into how Envestnet is shaping the future of financial advice, visit www.envestnet.com. Stay connected with us for the latest updates and insights on LinkedIn and X (@ENVintel).

Through its ACx technology, Advisor Credit Exchange, LLC (¨ACE¨) provides access to lending solutions for advisors´ clients via the Envestnet Platform through Envestnet Asset Management´s affiliate, Envestnet Financial Technologies. Envestnet, Inc. has a financial interest and occupies board of director positions in ACE. Neither ACE nor Envestnet offers any loan products or makes any lending decisions. The funding and administration of all loans is undertaken by separate and unaffiliated financial institutions. This press release should not be construed as a recommendation or endorsement of any particular product, service, bank or firm. 

Plan sponsors will always retain some fiduciary responsibility and should therefore conduct their own initial and ongoing research and due diligence on third party service providers, including but not limited to trustees, investment managers, recordkeepers and third party administrators.

The Wealthies are awarded to the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Over 1,000 entries received from more than 400 companies were considered by the Wealthies judging panel. Neither Envestnet nor its affiliates paid any fees to be considered and this award is not indicative of Envestnet, nor any of its affiliates, partners, or subsidiaries future performance. The awards will be granted in September 2024 with evaluation based on the previous 18 months.

MEDIA CONTACTS:
Amy Norcini
Envestnet
amy.norcini@envestnet.com

Andrew Jennings | JConnelly for Envestnet
envestnetpr@jconnelly.com

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SOURCE Envestnet, Inc.

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E Ink Breaks Ground on Expansion of U.S. Research & Development Headquarters

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New facility underscores company’s long-term investment in innovation, advanced display technologies, and local economic growth

BILLERICA, Mass., July 21, 2026 /PRNewswire/ — E Ink, the originator, pioneer, and global commercial leader in ePaper technology, today celebrated the groundbreaking of an expansion of the U.S. headquarters in Billerica, Massachusetts. The project expands the footprint at the company’s Billerica Innovation Center, reinforcing E Ink’s long-term commitment to cutting-edge innovation and the Massachusetts technology ecosystem.

E Ink Breaks Ground on Expansion of U.S R&D Headquarters in Massachusetts.

“Today’s groundbreaking marks an exciting milestone for E Ink as we further invest in the people, technologies, and infrastructure that drive innovation,” said Paul Apen, Chief Business and Operations Officer at E Ink. “Expanding our Billerica campus strengthens our ability to advance technology innovation in the United States, support our customers around the world, and contribute to the continued growth of the local economy and innovation community.”

The expanded facility will provide a new, cutting-edge workspace that inspires collaboration and accelerates advancements in ePaper applications. Construction is expected to be completed by March 2027 with support from NV5 Planning & Design, Inc., IF Design L.L.C., and SPEC Process Engineering & Construction, Inc.

E Ink has a storied connection to the state of Massachusetts, having spun out of the MIT Media Lab in 1997 and since establishing its U.S. headquarters in Billerica. The Billerica campus is home to 260+ employees and serves as a key global R&D center, collaborating closely with customers, academic institutions, and industry partners to develop technologies that enable low-power, highly readable, and sustainable display solutions.

“We’re grateful for the ongoing partnership between the Town of Billerica and E Ink,” said Katherine Malgieri, Director, Planning & Community Development at the Town of Billerica. “This latest project is expected to create new jobs during development and upon completion, further contributing to the region’s innovation economy.”

About E Ink
E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, provides an ideal display medium for applications spanning eReaders and eNotes, retail, home, hospital, transportation, logistics, and more, enabling customers to put displays in locations previously impossible. E Ink’s electrophoretic display products make it the worldwide leader for ePaper. Its low-power displays enable customers to reach their sustainability goals, and E Ink has pledged using 100% renewable energy in 2030 and reaching net zero carbon emissions by 2040. E Ink has been recognized for its efforts by receiving validation from Science-Based Targets (SBTi) and is listed in both the DJSI World and DJSI Emerging Indexes. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information, please visit www.eink.com. E Ink. We Make Surfaces Smart and Green.

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SOURCE E Ink Corporation

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Hewlett Foundation Announces New $100 Million Emerging Technology and Security Initiative

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MENLO PARK, Calif., July 21, 2026 /PRNewswire/ — The William and Flora Hewlett Foundation announced a five-year, $100 million grantmaking initiative intended to help foster innovation while supporting the safe development of emerging technologies. Unveiled at the Aspen Security Forum, the Emerging Technology and Security Initiative addresses critical challenges in artificial intelligence, biotechnology, and quantum computing to help keep people safe in the US and around the world.

The initiative builds on $10 million in exploratory grants announced in February to institutions including Stanford’s Hoover Institution and Vanderbilt University’s Institute of National Security, with another $10 million planned through 2026.

“Rapidly emerging technologies like AI hold extraordinary promise while posing novel security challenges,” said Hewlett Foundation President Amber D. Miller. “We view embracing progress and tackling safety risks as natural complements, not competing approaches.”

The public increasingly worries that neither industry nor government can adequately balance innovation with cybersecurity. Independent institutions can bridge this gap, ensuring transformative technologies strengthen democratic societies while safeguarding against vulnerabilities and misuse.

The initiative supports civil society organizations, universities, think tanks, and independent institutions through three focused areas:

Protect Critical Infrastructure — Strengthen defense of essential systems including power grids, water infrastructure, hospitals, and the information ecosystem against AI-enabled threats domestically and globally.

Address Emerging Technology Vulnerabilities — Reduce security risks posed by AI and other fast-moving technologies, particularly biotechnology and quantum computing, while safeguards remain feasible.

Support Global Governance — Help U.S. states, allied governments, and capable actors worldwide develop responsible rules, norms, and frameworks for governing emerging technologies while advancing American leadership.

This initiative continues the Hewlett Foundation’s 60-year commitment to technology and security, including its decade-long Cyber Initiative that established cyber policy as a field. The foundation emphasizes empirically grounded, practical solutions addressing near-term security challenges.

“Too much of the AI and emerging technology debate misses questions ordinary people care about most — their safety and how these technologies impact their families,” said Eli Sugarman, director of Special Projects leading the initiative. “This is about evidence-based problem-solving, funding creative experts on critical cybersecurity challenges, and convening diverse stakeholders across government, industry, and civil society.”

The foundation believes success requires broad coalition partnerships, including constructive engagement with technology companies on shared safety and security priorities while maintaining civil society’s independence.

Learn more: hewlett.org/emerging-tech-and-security 

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SOURCE Hewlett Foundation

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Gastops Delivers 20,000th MetalSCAN® Sensor to the Aerospace Market

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OTTAWA, ON, July 21, 2026 /PRNewswire/ – Gastops, a Canadian leader in intelligent condition monitoring and predictive maintenance solutions, announced the delivery of its 20,000th MetalSCAN® oil debris monitoring sensor to the aerospace market at the Farnborough International Airshow today.

This milestone marks nearly three decades of innovation and collaboration with leading aerospace manufacturers. Gastops began developing MetalSCAN® technology in the early 1990s for integration into the Pratt & Whitney F119 engine powering the F-22 Raptor. Following the delivery of the first production unit in 1997, the technology has become a trusted condition monitoring solution across some of the world’s most advanced aerospace platforms. Pratt & Whitney is an RTX business.

The 20,000th aerospace MetalSCAN® sensor was delivered in June 2026 for Pratt & Whitney’s F135 engine program, which powers all variants of the F-35 Lightning II.

Over the past 35 years, MetalSCAN® has been selected for numerous military and commercial aerospace programs and is now an integral bill-of-material component on several leading propulsion platforms, including:

Pratt & Whitney F119 engine for the F-22 RaptorPratt & Whitney F135 engine and Lift Fan system for the F-35 Lightning IIEurojet EJ200 engine for the Eurofighter TyphoonPratt & Whitney GTF™ engine family

MetalSCAN® technology enables operators to detect and monitor metallic wear debris in lubricated systems, providing critical insight into equipment health and supporting condition-based maintenance strategies. MetalSCAN® helps maintenance teams make informed decisions that improve operational readiness, reduce unnecessary inspections, and optimize lifecycle costs.

For Gastops, supporting these world-class aerospace programs represents a significant achievement for a Canadian small-to-medium enterprise.

“For more than 35 years, our research and innovation, and collaboration with our partners have advanced our condition monitoring technologies that improve the safety, performance, and availability of critical aerospace assets,” said Daniel Obedi, Vice President, Aerospace Platforms at Gastops. “While MetalSCAN remains a core solution in our portfolio, we have also advanced complementary technologies such as ChipCHECK®, expanding the capabilities available to both commercial and defence operators worldwide.”

While MetalSCAN® is widely recognized for its aerospace applications, the technology is also deployed across marine, energy, and industrial markets. To date, Gastops has delivered more than 50,000 MetalSCAN® sensors worldwide across all industries.

About Gastops

Gastops is the world’s leading provider of intelligent condition monitoring solutions used in Aerospace, Defence, Energy, and Industrial applications to optimize the availability, performance, and safety of critical assets. We offer peace of mind to our customers with innovative online monitoring sensors, at-line analysis, complex modeling and simulation, world-class laboratory testing, engineering, design, and MRO services that predict performance to enable proactive operating decisions. We have been providing powerful insights into the condition of critical equipment since 1979. Gastops is the intelligence inside what moves you.

Media Contact:
Justin St-Denis
media@gastops.com  
+1 (613) 744-3530

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