Key Wealth expands strategic relationship with Envestnet

Key Wealth, the wealth management business of KeyBank and Envestnet, a leading provider of integrated technology, intelligent data, and wealth solutions, announced today that they have expanded their multi-year relationship. This collaboration will deliver Key Wealth advisors a comprehensive next-generation wealth management platform, equipping them with cutting-edge tools to help clients navigate increasingly complex financial needs.

Through this enhanced relationship, Key Wealth advisors will gain full access to Envestnet's industry-leading wealth management technology and data-driven solutions, enabling a more personalized and holistic approach to financial planning, investment management, and client engagement. The platform's expanded capabilities will support:

• Digital Client Experience — A seamless and intuitive interface that enhances collaboration between advisors and clients, offering greater transparency and insights into financial decisions.
• Integrated Financial Planning — Advanced tools to create tailored strategies that align with clients' short-and long-term financial goals.
• Portfolio Management & Analytics — Enhanced investment solutions, including risk analysis, tax overlay, and AI-driven insights, designed to help advisors personalize client portfolios and grow their practices.

"Expanding our strategic relationship with Envestnet is a significant step in Key's journey to unify the technology platforms across our expanding Wealth business," said Joe Calabrese, Chief Operating Officer at Key Wealth. "By leveraging Envestnet's comprehensive capabilities and platform, we're positioning our advisors in the best way possible to address and solve for the financial needs of their clients, and deliver the most holistic wealth planning experience."

"We are thrilled to partner with Key Wealth, empowering their advisors with Envestnet's ecosystem of integrated technology, intelligent data, and wealth solutions that drives efficiency, scale, and full integration and works seamlessly within an advisor's workflow," said Molly Weiss, Group President of Wealth Management Platform at Envestnet. "Key Wealth's commitment to innovation at the intersection of banking and wealth management makes them an exciting partner for us, and we look forward to collaborating on the future of holistic wealth management. By leveraging our modern, integrated platform, Key Wealth advisors will be equipped with the tools they need to deliver personalized experiences and improved client outcomes at scale."

Key Wealth is the wealth management business of KeyCorp (NYSE: KEY) one of the nation's largest bank-based financial services companies with assets of approximately $61 billion at December 31, 2024.

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