Envestnet, Vanguard Deepen Tax-Smart Model Portfolio Tie
Envestnet has expanded its partnership with Vanguard to integrate Vanguard’s Advisor’s Alpha framework into Envestnet’s wealth management platform, pairing it with the firm’s tax-aware portfolio management technology. The collaboration is designed to help advisors deliver more personalized after-tax outcomes for clients, with a particular focus on tax-loss harvesting and tax-efficient retirement strategies, through scalable model portfolios rather than one-off custom solutions.
Vanguard will also join Envestnet’s Fund Strategist Tax Management Advantage program, a growing initiative that removes cost barriers to tax management services and makes continuous tax-aware portfolio management accessible to advisors using Fund Strategist Portfolios. Through the program, advisors using Vanguard’s Active-Passive model portfolios can apply ongoing tax management calibrated to each client’s specific tax sensitivity preferences — evaluating the tax impact of portfolio changes throughout the year rather than treating tax management as a year-end event.
“Tax management is no longer a year-end exercise. Advisors increasingly need solutions that help them manage tax implications throughout the year while keeping their portfolios aligned with their clients’ long-term goals,” said Dana D’Auria, co-chief investment officer and group president of solutions, Envestnet.
Eve Cout, head of advisor solutions at Vanguard, said the integration helps advisors more confidently adopt model portfolios and tax-efficient strategies, delivering more disciplined outcomes for investors at scale across the Envestnet ecosystem.
