Chris Todd, CEO of Envestnet, joined Julie Cooling, Founder and CEO of RIA Channel, at Envestnet Elevate 2026 to discuss how the firm is leveraging its scale and AI to deliver an enhanced advisor experience.
With more than $7 trillion in platform assets, 22 million accounts, and approximately 333 million trades processed last year, Todd highlights Envestnet’s unique position to harness its scale to help advisors better serve clients and grow their businesses through unparalleled insight and personalization.
As advisors increasingly seek more connected experiences across Envestnet’s ecosystem, Todd notes that AI has accelerated the firm’s ability to integrate solutions such as Tamarac and MoneyGuide. What would have posed a massive undertaking three to five years ago can now be accomplished efficiently, creating a unified user experience.
Todd also emphasizes the importance of advisor education as AI capabilities rapidly evolve. While new features are becoming available at an unprecedented pace, he notes that the firm must ensure advisors have the understanding and knowledge to implement these technologies responsibly and effectively. He also highlights the firm’s ability to navigate varying compliance requirements, as each client has different perspectives, approaches, and guardrails for AI.
Looking ahead, Todd believes AI will enhance, not replace, the role of the financial advisor. By automating administrative tasks and increasing efficiency, modern technology can free advisors to spend more time engaging in meaningful, face-to-face conversations with clients.
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