"Every summit is uncertain when a climb begins. Saving the world is no different," James Lumberg, mountain climber and co-founder, EVP of Envestnet, profiled on Investment News.
Envestnet's new Impact Quantitative Portfolios will managed using tax-smart techniques, ESG data and strategies to maximize potential “tax alpha” that can add up to 60 basis points of value annually. The portfolios will be marketed primarily to RIAs.