Berwyn – September 19, 2026 -- Envestnet has recorded an 82% year-over-year increase in Wealth Data Platform (WDP) users and a 31% rise in firms using the platform as of August 1, 2026, alongside a 102% jump in WDP page views over the same period. The company unveiled its third technology release of 2026 (R3 2026), replacing static peer-average benchmarking with dynamic, contextual performance comparisons across its Adaptive WealthTech ecosystem.
Dynamic benchmarking replaces one-size-fits-all industry averages
The updated Wealth Data Platform now allows firms to compare performance by business segment, geography, and advisor behavior rather than against a single static benchmark. New dimensions include quartile, median, and risk-bucket performance views, plus benchmarking support extended across both U.S. and Canadian advisor populations. Home office leaders gain dedicated views into top- and bottom-performing advisor segments.
New Insights flag advisor-managed accounts needing review
Envestnet added two Insights tools targeting advisor-directed portfolios: one identifies accounts heavily concentrated in mutual funds and ETFs that underperform peers with similar risk profiles, and another flags accounts with no discretionary buy or sell trades for 12 or more months. Dave Lieberman, Principal Director of Product for Wealth Data Solutions at Envestnet, said the tools help advisors focus on portfolios and relationships needing immediate attention rather than passive or stagnant accounts.
Firm hierarchy filtering and resizable panels streamline data navigation
R3 2026 introduces filtering by branch, region, and territory, along with resizable Insights panels for side-by-side comparison. Envestnet says the navigation upgrades are designed to help firms operationalize Insights across complex organizational structures.
Embedded reporting groundwork targets reduced workflow friction
The release lays the foundation for in-platform report consumption, with future capabilities expected to let users view reports directly within dashboards instead of exporting separate files. Envestnet frames this as part of a broader strategy to close the gap between insight discovery and advisor action, with additional features planned over coming quarters.
Asset managers gain propensity-driven advisor targeting tools
Building on its advisor-decisioning strategy launched earlier in 2026, Envestnet added propensity-driven intelligence that identifies advisors most likely to direct flows into personalized high-net-worth solutions and alternative investments. New advisor-level opportunity grids provide visibility into model-driven recommendations, while enhanced segmentation is intended to let firms scale growth strategies. Chris Todd, CEO of Envestnet, said the release lets firms move from observing data to acting on it, spanning benchmarking, asset manager opportunity intelligence, and advisor account insights.
Envestnet is showcasing the R3 updates at booth 608 during the Future Proof Festival, running September 14-17, 2026, in Huntington Beach, California.