About Us

Envestnet Institute On Campus

Together with the Money Management Institute (MMI) and Wheelhouse Analytics, the Envestnet Institute is pleased to offer a scholarship program geared toward college and graduate-level students seeking a career in wealth management. Selected students gain in-depth training through an eLearning program with content from leaders in the financial services industry.

About the Program

Envestnet Institute On Campus aims to build a bridge between colleges/universities and investment management by training talented young individuals and positioning them for employment across various areas of the industry. Our goal is to train 5,000 students from multiple academic institutions across the United States over the next five years. Students will benefit from relevant, broad-based, practical training on investment management. The program is made possible through a collaboration between Envestnet, Money Management Institute (MMI), and Wheelhouse Analytics.

“What’s in it for me as a student?”

The field of wealth management continues to be a competitive landscape for hiring. Envestnet Institute On Campus will:

  • Provide an understanding of the ever-changing products and technologies
  • Give you an understanding of the current global landscape of the business
  • Keep you current with timely updates and information
  • Inform you of the current job possibilities within the industry
  • Provide you with the tools needed to allow you to converse intelligently
  • Give you insights to help you interview well
  • Set you apart from your peers by having the completion of this course on your resume and LinkedIn account

All of this information is meant to be additive to what you are learning in school and to give you an edge when seeking a job. As one employer has stated, “students have a leg up just by knowing the products and industry terms and definitions alone.”

Program Highlights

Up to 25 scholarships for selected institutions to offer students interested in investment advisory with a focus on managed money solutions. There is no cost to the institution, and students are chosen at the university’s discretion. High-quality, online class content reviewed and approved by the Money Management Institute. Flexibility for students through a self-paced eLearning environment. Job search support via inclusion of resume in the Envestnet Institute database, which is accessed by various wealth management firms. Optional learning modules and webcasts are available in addition to the required content.

Program Syllabus

The program consists of seven classes, two white papers, and optional podcasts. Several supplementary documents will also be provided to students. The classes described below are also being conducted by the Money Management Institute to train employees currently working in investment advisory and managed solutions. These classes have been deemed beneficial to both new hires and seasoned professionals.

MMI-100: Introduction to the Investment Advisory Industry This class introduces concepts, terms, and definitions relevant to the managed solutions space within the financial services industry. It includes an overview of popular investment vehicles; discussions on the roles of advisors, plan sponsors, and fiduciaries; and a review of licensing and designations. This class is suitable for both newcomers and those needing a refresher on the industry. Estimated time to complete, with test: 50 minutes

MMI-101: Basics of Investing This class covers portfolio construction to meet client objectives. It includes an in-depth look at developing an investment strategy and the concepts of strategic and tactical allocation, active and passive management, top-down and bottom-up approaches to security selection, fundamental versus technical analysis, asset diversification, and risk mitigation. Estimated time to complete, with test: 50 minutes

MMI-102: Evolution of the Managed Solutions Industry One of the most popular in-person classes, this includes a comprehensive review of each managed investment solution: how it began, how it operates, why it is popular, and its future growth potential. A case study in unified managed accounts highlights construction and the use of an overlay manager. Estimated time to complete, with test: one (1) hour

MMI-200: The Sales Process and Client Interview How do investors transition from prospects to clients? This class presents best practices for building successful advisor-client relationships, including client profiling, addressing investment risks and rewards, goal setting, and creating investment policy statements. Two case studies are included, covering the challenges of saving for children’s college educations and dealing with the complexities of Social Security distributions. Estimated time to complete, with test: one (1) hour

MMI-201: Baby Boomer Investing With more than 76 million American baby boomers in the population today, the financial services industry remains challenged in terms of better serving the needs of this segment of investors. This class focuses on what today’s investment professionals need to know about baby boomers to help them best prepare for the stages of retirement. Estimated time to complete, with test: 45 minutes

MMI-202: Technology to Service and Support Managed Solutions This class is a comprehensive look at the technology today’s advisor needs to manage his or her practice. It covers the evolution of various advisor technologies, and the different tools and/or systems that comprise the advisor’s platform to enable prospecting, client profiling, and client relationship management. Estimated time to complete, with test: 50 minutes

MMI-203: The Unified Managed Household And What it Means to the Financial Advisory Business Technology is evolving quickly to keep up with the demand for comprehensive advice. Rather than focus on the product sale, an advisor needs a holistic view of all accounts and registrations associated with a household in order to formulate an effective investment plan. This may involve applying overlay technologies that are capable of coordinating all accounts, regardless of where assets are held. The technology chosen is especially critical in the distribution phase, when clients are dependent on a predictable stream of income. This class explores these technologies and how they will continue to evolve. Estimated time to complete, with test: 45 minutes

Program Requirements

  • Selected students are ideally graduate-level or college seniors, but juniors and sophomores may also benefit from the program.
  • Students are required to finish the program within a reasonable timeframe, with a minimum grade of 80% for each class. Designated university personnel are responsible for monitoring the students’ progress to completion.
Envestnet Institute On Campus Is A Joint Initiative By Industry Leaders
Partners

dak-direct-logo

Through DAKdirect, Steve Clark and DAK Associates are partnering with us to highlight students that have completed the program and are pursuing entry level positions in the industry. Click here to learn more.

FundFire logo 2c FT tag hi

FundFire is offering our students a complementary subscription for 4 months. This is a great opportunity for students to stay up to date on the current happenings in the industry. Click here to learn more.

This program expanded my knowledge and understanding of the topic of wealth management above what I was taught in class.

- Student Participant

I was unsure if I would be a good fit for the wealth management industry, but after seeing the different types of career opportunities and basic functions, I believe that I could have a great career in wealth management.

- Student Participant

The handouts were extremely helpful! I learn by looking at materials in front of me and not just watching a video, so having them was great! The tests were not too hard but not too easy and covered a good range of what was talked about in each class. Very helpful and educational!

- Student Participant

I always wanted to gain a better understanding on wealth management.  As a result of completing this course, I feel more enthusiastic about lifelong learning in this field.

- Student Participant

It helped me during interviews.

- Student Participant

Material is concise and relevant. So far I couldn’t be enjoying this course more. No wasted time and lots of great information.

- Student Participant

As a graduate of the program, I am excited to see its growth. I credit much of my success in the wealth management industry to this amazing program. Thank you all for the work you do!

- Student Participant

As a senior, I have not yet been introduced to these basic investment strategies. This program will be a big help in the future.

- Student Participant

This course was very helpful in not only reviewing basic information but providing a more in-depth overview of managed accounts.

- Student Participant

After taking the course, I realized I have the necessary foundation to further explore my career path in the asset management industry. I enjoyed the user friendly interface, as well as the interactive videos of each class. The detailed, real world explanations of the concepts proved to be the most beneficial element of the course since I gained a more thorough understanding of the professionals’ day to day tasks.

- Student Participant

Interested In Supporting or Participating In Envestnet Institute On Campus?

Contact Us