Envestnet vs Orion: The Battle of the Financial Service Providers

Are you a financial advisor or a wealth management firm looking for the perfect solution to help you manage your client portfolios and grow your business? Two of the biggest names in the industry, Envestnet and Orion Advisor Solutions, are here to offer their expertise. But which one is the right fit for you?

Envestnet is a leading provider of integrated wealth management technology and solutions for financial advisors. With over 100,000 advisors and $4.6 trillion in assets on its platform, it boasts an extensive network of partners and a wide array of services. Its suite of tools includes portfolio management, trading, performance reporting, and more.

On the other hand, Orion Advisor Solutions is an all-in-one financial technology firm that provides comprehensive portfolio management and reporting solutions for investment advisors. With over $1.3 trillion in assets under administration, it’s a trusted partner for advisors who want to streamline their workflow and provide unparalleled service to their clients.

In this blog post, we’ll take an in-depth look at Envestnet and Orion Advisor Solutions, including their pricing, partners, market share, and competitors. We’ll also examine their unique features and benefits and provide you with all the information you need to make an informed decision on which platform is right for your business. So sit back, relax, and let’s dive into the world of Envestnet vs Orion!

Envestnet vs Orion: A Comprehensive Comparison

Envestnet and Orion are two of the most popular financial planning software solutions available today. Both offer robust features that make it easier for financial advisors to manage their clients’ investment portfolios, but which one is better? Let’s take a closer look at both software solutions and compare their key features.

User Interface

Envestnet offers a clean and straightforward user interface that is easy for advisors to navigate. The dashboard provides an overview of client accounts, investment performance, and other key metrics. Orion’s user interface is also intuitive, but it offers a few more options for customization. Advisors can customize the dashboard to display the data they find most relevant, making it easier to manage their clients’ portfolios.

Investment Tools

Envestnet offers a wide range of investment tools, including risk management tools, portfolio rebalancing, and tax optimization features. It also has a powerful model portfolio system that allows advisors to create custom investment portfolios for their clients. Orion offers similar investment tools, but it also has a unique feature called “Communities,” which allows advisors to collaborate and share best practices with other advisors.


Both Envestnet and Orion offer integrations with other software solutions typically used by advisors. Envestnet integrates with popular CRM tools like Salesforce, while Orion offers integrations with various third-party portfolio management, financial planning, and client communication tools. Orion’s open API also makes it easy to build custom integrations for specific workflows.


Envestnet and Orion have similar pricing models, but Envestnet’s pricing can vary depending on the number of accounts and services required. Orion’s pricing is generally based on the number of accounts and portfolios managed. While both solutions are competitively priced, advisors should choose a pricing model that suits their specific needs.

In conclusion, Envestnet and Orion are both excellent financial planning software solutions that offer similar features and pricing models. Advisors should select the software that best suits their specific needs, whether it’s Envestnet’s model portfolio system or Orion’s “Communities” feature. Regardless of which one you choose, both are great options to help you manage your clients’ portfolios more efficiently and effectively.

Envestnet FSP: A Comprehensive Review

Envestnet FSP is a robust financial management platform that empowers financial advisors to manage their clients’ assets effectively. It offers a suite of tools that allow advisors to streamline their wealth management processes, from asset allocation and investment selection to compliance and reporting.

Key Features:

  • Robust Wealth Management Tools: Envestnet FSP offers advisors a wealth of tools to manage their clients’ assets effectively. These features include portfolio management tools, financial planning tools, and performance analysis tools.

  • Streamlined Reporting and Compliance: Envestnet FSP helps advisors streamline their reporting and compliance processes through automated workflows. This allows them to meet regulatory requirements efficiently and keep their clients’ assets secure.

  • Advanced Investment Strategies: Envestnet FSP allows advisors to create and implement advanced investment strategies such as model portfolios, custom indices, and separately managed accounts.

Benefits of Using Envestnet FSP:

  • Time-Saving: Envestnet FSP streamlines workflows and automates important processes, freeing up advisors’ time to focus on client engagement and business growth.

  • Compliance-Friendly: Envestnet FSP provides advisors with regulatory support and automated workflows, giving them the confidence to pursue their growth objectives without fear of regulatory setbacks.

  • Advanced Analytics: Envestnet FSP provides advisors with detailed and analytics-driven insights into their clients’ portfolios, enabling them to make data-driven decisions.


Envestnet FSP is a comprehensive financial management platform that offers financial professionals a range of tools to manage their clients’ assets effectively. This platform provides the features and benefits that today’s forward-thinking advisors need to thrive. So, if you are a financial advisor looking to streamline your wealth management processes and drive better outcomes for your clients, Envestnet FSP is definitely worth checking out!

Envestnet Pricing

When it comes to financial advisor software, it’s essential to have a good idea of how much you’ll need to shell out of your pocket. Envestnet and Orion are two of the biggest names in the industry, each with its own pricing model.

Subscription-Based Pricing

Envestnet’s pricing model is subscription-based, with costs determined by the specific software bundle you choose. The bundles range from Essentials to Pro, with pricing increasing as the features become more advanced. The Essentials bundle starts at around $80 per advisor, per month, and features like trading and rebalancing will bring the price up to the next level. Cost does become lower based on scale when over certain advisor or account thresholds.

Asset-Based Pricing

In contrast, Orion’s pricing is asset-based, sharing its cost with the advisor’s clients. Orion charges a fixed percentage fee based on the advisor’s assets under management. The percentage fee ranges from 0.05% to 0.10% of the AUM. This sounds more expensive than Envestnet, but keep in mind that this pricing model gives advisors more flexibility and ensures that they’re only paying for what they use.

Pricing Structure Comparison

Envestnet’s pricing might work better for larger advisory firms with more extensive features, such as portfolio management suites, performance reporting, trading and proposal generation tools, and other tools. These firms have more “Advisors” on the platform than Orion’s and are seeking out an enterprise solution that enables their RIAs to provide a comprehensive breadth of services under one cohesive offering from a single provider.

Orion’s pricing works well for small to mid-size advisory firms since they charge based on AUM, they don’t require a minimum per advisor charge. This means that advisors can scale their investment to the size of their practice. The asset-based pricing is excellent for smaller firms that are looking to grow their assets under management.

Both platforms have different pricing strategies, but ultimately your choice will depend on the size of your firm, the level of features you need for your business and, most importantly, what works best for your clients. Before choosing any software, make sure it aligns with your firm’s goals and aspirations.

Envsetnet Partners

Envestnet is a wealth management software provider that offers powerful tools and solutions to help financial advisors manage their businesses more efficiently. One of the reasons why Envestnet is so successful is that it partners with a range of other companies to provide a diverse range of services.

Why Partner With Envestnet

Envestnet has developed a reputation for excellence in the financial services industry, which is why so many firms and advisors choose to partner with them. By partnering with Envestnet, you can benefit from their advanced technology, backed by research and data analytics. You can also tap into their vast network of providers and advisors. Additionally, Envestnet operates an open-architecture platform, which allows you to easily integrate a range of solutions into a single workflow.

Who Are Some of Envestnet’s Partners

Envestnet has formed partnerships with many well-known companies in the financial industry, including Orion Advisor Technology, BlackRock, Pershing, and more. One of the most significant partnerships is with Orion Advisor Technology, a leading provider of portfolio management software. The combination of Orion’s technology with Envestnet’s wealth management solutions makes for a powerful offering.

What Are the Benefits of Envestnet’s Partnerships

The partnerships that Envestnet has formed allow financial advisors and firms to take advantage of a range of benefits. For example, Envestnet and their partners offer access to a broad range of investment solutions, including alternative investments, and real estate. Additionally, Envestnet’s partnerships help financial advisors and firms streamline their operations, making it easier to run their businesses more efficiently.

In conclusion, Envestnet’s partnerships with other companies can provide valuable benefits to financial advisors and firms. Through these partnerships, Envestnet is able to offer a comprehensive suite of services that help advisors manage their businesses more effectively. By leveraging Envestnet’s technology and network, advisors can improve their workflows, reduce their costs, and offer more value to their clients.

Envestnet Wikipedia

Envestnet is a leading provider of software and services to advisors and investment managers. This company was founded in 1999 and is headquartered in Chicago, Illinois. Envestnet’s products and services range from portfolio management and reporting to wealth management and financial planning. Envestnet offers a range of solutions to help advisors and investment managers grow their businesses and serve their clients more effectively.

Overview of Envestnet

Envestnet provides a suite of powerful tools and technology solutions for advisors and investment managers. These solutions are designed to help advisors and investment managers streamline their workflows, increase efficiency, and improve the client experience. Envestnet’s portfolio management and reporting platform is one of the most comprehensive on the market, offering a range of features including:

  • Automated rebalancing
  • Tax-loss harvesting
  • Performance reporting
  • Compliance monitoring
  • Risk management

The Envestnet platform also includes a range of wealth management and financial planning tools, including:

  • Goal-based financial planning
  • Retirement planning
  • Cash-flow planning

Envestnet vs Orion

Envestnet and Orion are both popular software solutions used by advisors and investment managers. While both platforms offer a range of features and tools, there are some key differences to consider when comparing these two platforms.

Here are a few of the key differences:

  • Envestnet is a more comprehensive solution, offering a wider range of features and tools than Orion.
  • Orion is generally seen as having a more intuitive and user-friendly interface compared to Envestnet.
  • Envestnet is aimed more at larger firms and enterprises, while Orion is more suited to smaller firms and independent advisors.

Envestnet is a leading provider of software and services to advisors and investment managers. This company offers a range of solutions to help advisors and investment managers grow their businesses and serve their clients more effectively. While Envestnet and Orion are both popular software solutions, they have some key differences that advisors and investment managers should consider when selecting a platform. Ultimately, the choice between Envestnet and Orion will depend on the specific needs and priorities of each individual firm or advisor.

Envestnet Competitors

When it comes to wealth management platforms, Envestnet is one of the most well-known names in the industry. However, they are not the only player in the market. Let’s take a look at some of Envestnet’s competitors:


Orion is often compared to Envestnet, and for a good reason. They offer a comprehensive wealth management platform that focuses on improving the user experience. One of the things that make Orion stand out is its integration capabilities with third-party applications that advisors use to manage their business.

Black Diamond

Another competitor of Envestnet is Black Diamond. They offer a wealth management platform that is built on the latest technology and provides an intuitive user interface. One of the reasons Black Diamond is popular among advisors is because of its easy-to-use portfolio management features.


Addepar is a newer player in the wealth management space, but it has already made a name for itself with its innovative technology. They offer a platform that provides a complete view of a client’s financial holdings while making it easy to analyze and manage those holdings.


Tamarac is another player in the wealth management platform space. They offer a comprehensive suite of tools that allow advisors to efficiently manage their businesses while providing a better experience for clients. One of the things that sets Tamarac apart is its custom reporting features.

Envestnet is a well-known name in the wealth management platform space, but there are numerous competitors in the market, each with their unique features. As an advisor, it’s important to compare different platforms and choose the one that best suits your specific business needs.

Envestnet Market Share

Envestnet and Orion are the two leading companies in the wealth management software industry. Both companies provide similar technologies and aim to cater to the financial advisors’ needs. However, they do differ in their market share.

What is Market Share

Market share refers to the percentage of total sales or revenue that a company generates in a specific industry. In the case of Envestnet and Orion, their market share is the percentage of total financial advisors who use their platform.

Envestnet’s Market Share

According to recent statistics, Envestnet’s market share is around 44%, which is significant in the wealth management software industry. This means that almost half of all financial advisors use Envestnet’s technology, making it a dominant player in the market.

Factors Contributing to Envestnet’s Market Dominance

Envestnet’s focus on technology, innovation, and scalability has been crucial in its market dominance. The company offers comprehensive solutions that cater to financial advisors’ needs and simplify complex tasks. Envestnet’s platform is user-friendly, easy to navigate and provides a seamless experience.

Additionally, Envestnet has an extensive network of financial advisors, broker-dealers, and institutions who partner with them. This has allowed the company to expand its reach and provide its solutions to a broader customer base.

In conclusion, Envestnet’s market share dominance is a result of its focus on technology, scalability, and user experience. The company’s widespread network and partnerships with financial advisors and institutions have further strengthened its position in the market. However, it’s essential to note that Orion continues to attract a sizable market share, which means that both companies will continue to compete and drive innovation in the industry.

Orion Advisor Solutions

Orion Advisor Solutions is a portfolio management system developed by Orion Advisor Tech, a leading financial technology company that provides trading, rebalancing, and administrative tools for registered investment advisors (RIAs).

Features of Orion Advisor Solutions

One of the key features of Orion Advisor Solutions is its user-friendly platform, which is intuitive and easy to navigate, making it an ideal solution for RIAs seeking seamless portfolio management. The platform offers a range of functionalities, including automated account opening, portfolio modeling, trading, and rebalancing. Additionally, the platform’s reporting capabilities allow RIAs to generate detailed performance reports for their clients.

Investment Strategy Tools

Orion Advisor Solutions is equipped with powerful investment strategy tools that provide RIAs with access to cutting-edge data analysis and modeling. The system offers a broad range of investment options, including exchange-traded funds (ETFs), mutual funds, equities, and alternative investments. The platform also offers tax-efficient investment solutions for advisors seeking to minimize the tax burden on their clients.

Advanced Security

Orion Advisor Solutions incorporates state-of-the-art security features to safeguard sensitive client data. The platform is SOC 2 Type II certified, meaning that it meets the highest security and privacy standards. In addition, the platform is equipped with multi-factor authentication, encryption, and regular security updates to ensure the safety of client data.

Overall, Orion Advisor Solutions is a powerful and comprehensive portfolio management system that offers a range of functionalities and investment options. Its user-friendly interface makes it easy to use, and its advanced security features ensure the safety of sensitive client data. As such, Orion Advisor Solutions is an excellent choice for RIAs seeking a robust and reliable portfolio management platform.

Are Orion Telescopes any Good

Orion telescopes are well-known in the astronomy community for their quality and affordability. In this subsection, we’ll look at what sets Orion apart from other telescope brands and whether their telescopes are any good.

History of Orion Telescopes

Orion Telescopes & Binoculars was founded in 1975 and has been a leading manufacturer of astronomical equipment ever since. Through the years, they have focused on providing a wide range of quality telescopes for both beginner and advanced astronomers. Today, they offer an extensive selection of telescopes, binoculars, and accessories for stargazers of all levels.

Quality of Orion Telescopes

When it comes to the quality of Orion telescopes, it’s hard to find a better brand for the price. Their telescopes are known for their durability and ease of use, making them an ideal choice for first-time stargazers. Orion also offers a range of telescopes that cater to a wide variety of interests, from astrophotography to deep-space exploration.

Affordability of Orion Telescopes

One of the best things about Orion telescopes is that they offer quality products at an affordable price point. You don’t have to break the bank to get a high-quality telescope that delivers breathtaking views of the night sky. This makes Orion telescopes a fantastic option for beginners or families looking to get started in astronomy without spending too much.

Orion Telescopes and Customer Reviews

Many customers have expressed satisfaction with their Orion telescopes, citing their ease of use, affordability, and impressive performance. With an active customer support team, Orion provides excellent service and assistance to their customers, which adds to the overall positive experience of owning an Orion telescope.

Overall, Orion telescopes are a great choice for anyone interested in exploring the night sky. With their excellent quality, affordability, and wide selection of telescopes, there’s an Orion telescope suitable for every stargazing enthusiast. So, if you’re a beginner or an experienced astronomer, investing in an Orion telescope might just be one of the best decisions you ever make.

How Many Advisors Use Envestnet

Envestnet and Orion Advisor Services are two of the most popular advisory platforms used by financial advisors in the industry. Envestnet is a comprehensive platform that offers advisors a unified dashboard to manage client accounts, trading, rebalancing, and reporting. So, how many advisors use Envestnet?

Envestnet User Base

As of 2021, Envestnet has over 102,000 financial advisors and more than 4,900 registered investment advisors (RIAs) on its platform. Envestnet is a leading provider of technology and investment solutions, serving more than 3.5 million investor accounts and over $2.4 trillion in assets under management (AUM).

Why Advisors Use Envestnet

Envestnet has become a popular choice among advisors due to its comprehensive offering of technology solutions. Financial advisors using Envestnet can create customized portfolios for their clients and use investment models to manage assets efficiently. Advisors can also access performance reporting, market data, and other investment insights to help them make informed decisions on behalf of their clients.

How Envestnet Supports Advisors

Envestnet is much more than just a technology platform. The company offers a range of support services for advisors. Advisors can benefit from support in areas like practice management, marketing, and client communication. Envestnet’s advisor success team works with advisors to help them grow their business and provide exceptional service to their clients.

In summary, Envestnet is a popular platform among financial advisors, with over 102,000 registered advisors utilizing its investment solutions. Envestnet offers a comprehensive range of technology and support services to help advisors grow their businesses, manage assets effectively, and deliver personalized service to their clients. If you’re considering using Envestnet for your practice, it’s worth exploring the platform’s many features and benefits to determine whether it’s the right fit for your needs.

Competitors of Envestnet

Envestnet is a leading provider of wealth management software and services. However, it’s not the only player in the industry. Here are some of the top competitors of Envestnet:


Orion is one of the biggest competitors in the market when it comes to wealth management technology. With its state-of-the-art platform, Orion offers advisors a wide range of features, including account opening, trading, and reporting capabilities. It also has a user-friendly mobile app that allows advisors to manage their clients on the go.


Another tough competitor of Envestnet is Morningstar, a financial services firm that provides investment research and ratings to investors. Morningstar offers a variety of products and services, including portfolio management solutions, investment planning tools, and retirement advice. Recently, the company also launched its wealth management platform, Morningstar Advisor Workstation, which is aimed at financial advisors.

Schwab Advisor Services

Schwab Advisor Services is a well-established player in the industry and provides custodial, operational, and trading support to independent registered investment advisors (RIAs). The platform is known for its highly personalized service, which includes access to 24/7 support, customized technology solutions, and industry-leading research.


Another key competitor of Envestnet is BlackRock. The company offers a wide variety of products and services, catering to investors of all sizes. Its wealth management platform, BlackRock Solutions, provides financial advisors with a suite of tools, including portfolio management, financial planning, and risk analysis.

While Envestnet is undoubtedly a leader in the wealth management space, it faces stiff competition from several other players. It’s up to financial advisors to evaluate each platform’s features, pricing, and suitability to determine which provider best meets their needs.

Envestnet: A Brief Introduction

Envestnet is a leading provider of intelligent systems that power wealth management and financial technology (FinTech) industries. They offer a full range of tools and services that assist advisors in managing their clients’ assets, such as investment portfolio analysis, reporting, and financial planning.

What Kind of Company is Envestnet

Envestnet has become one of the most trusted names in the FinTech world. The company’s vision is a modern, compliant, and scalable platform that offers a full suite of features and services that are customizable to meet the needs of their clients. Envestnet’s technology solutions are designed to empower advisors with tools and insights that enable them to drive better financial outcomes for their clients.

Envestnet’s Work Philosophy

Envestnet has always been committed to providing exceptional service to its clients. The company is driven by a culture of innovation, where employees are encouraged to think outside the box and challenge the status quo. They believe in collaboration as a key to success, and their teams work together to deliver outstanding results for their clients. Envestnet also invests in their client’s growth through education, training, and outreach programs.

Envestnet vs. Orion

Envestnet and Orion are two market-leading FinTech companies. Both organizations provide exceptional services and solutions to advisors in the financial industry. Although there is no clear winner in the Envestnet vs. Orion debate, it’s important to note that Envestnet offers a more comprehensive suite of platform tools and services.

In Conclusion

Envestnet’s commitment to technological innovation, employee collaborations, and exceptional client services is evident in its FinTech products and services. The company’s comprehensive platform solutions provide advisors with a full range of tools and services for successful wealth management. Envestnet is certainly a credible choice for anyone looking to invest in cutting-edge technology for financial industry purposes.

Envestnet Fund Strategist Portfolios

Envestnet and Orion are two popular portfolio management software platforms that offer different features to investors. Envestnet is known for its Fund Strategist Portfolios, which are pre-built portfolios that cater to specific investment goals and risk tolerances.

What are Fund Strategist Portfolios

Fund Strategist Portfolios are pre-constructed, diversified portfolios that are managed by professional fund managers. They are designed to provide investors with an easy way to gain exposure to various asset classes and investment styles. Envestnet’s Fund Strategist Portfolios include both active and passive approaches to investing, allowing investors to choose a portfolio that best suits their needs.

How Do Fund Strategist Portfolios Work

Fund Strategist Portfolios are structured in a way that maximizes returns based on the investor’s risk tolerance and investment goals. The portfolios are composed of different asset classes, such as equity, fixed income, and alternative investments, that are combined to create a diversified allocation. Each portfolio is managed by a professional fund manager who makes investment decisions based on the overall investment strategy of the portfolio.

Benefits of Fund Strategist Portfolios

Fund Strategist Portfolios are an excellent choice for investors who do not have the time or expertise to manage their investment portfolio actively. They offer diversification across multiple asset classes, reducing the risk of any single asset class significantly impacting the investor’s overall portfolio. Additionally, Fund Strategist Portfolios provide access to professional fund managers and research, which can help investors make informed investment decisions.

Envestnet Fund Strategist Portfolios

Envestnet’s Fund Strategist Portfolios include over 600 portfolios from multiple fund managers, each with a different investment objective, style, and risk tolerance. The portfolios are selected based on strict due diligence criteria that include performance, investment strategy, and risk management. Envestnet’s Fund Strategist Portfolios include access to custom investment models, tax optimization strategies, and intelligent rebalancing tools that help investors stay on track with their investment goals.

In conclusion, Envestnet’s Fund Strategist Portfolios offer a variety of benefits to investors looking for an easy and effective way to diversify their investment portfolio. They provide access to professional fund managers and research, diversified asset allocation, and intelligent rebalancing tools. However, it’s essential to consider all available options before making any investment decisions.

What is the Market Share of Orion Advisor

When it comes to financial advisors, Orion Advisor Solutions is a significant player in the market. But just how much of the market does it hold? Let’s take a closer look.

Orion’s Market Share

Orion Advisor Solutions has been around for over 20 years, providing financial technology, asset management, and consulting services to financial advisors. According to recent data, Orion Advisor holds a considerable share of the market, with over $1.3 trillion in assets under administration. This impressive number puts Orion in the same league as some of the biggest players in the industry.

How Does Orion Compare to Envestnet

Envestnet is another big name in the financial advisor industry, often compared to Orion Advisor. While Orion boasts over $1.3 trillion in assets under administration, Envestnet has over $3.5 trillion. However, it’s worth noting that Envestnet has been around for around ten years longer than Orion.

The Future of Orion’s Market Share

As we look to the future, it’s important to consider how Orion may grow its market share. In recent years, Orion has made several acquisitions to expand its services, including the purchase of Advizr, a financial planning and technology provider. Additionally, Orion recently launched Orion Social, a platform that allows financial advisors to engage with clients and prospects on social media. With these new offerings, it’s possible that Orion may continue to grow its already significant market share.

In summary, Orion Advisor Solutions holds a significant market share in the financial advisor industry, with over $1.3 trillion in assets under administration. While Envestnet holds a larger share of the market, Orion is still a major player and has made moves to expand its services and grow its market share further. As we look to the future, it will be interesting to see how Orion continues to evolve and innovate within the industry.

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