CHICAGO, March 6, 2017 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV ) announced today that the firm has won a 2017 Private Asset Management (PAM) Award for Best Outsourced CIO Solution. The award recognizes high performing investment firms and wealth advisors that are paving the way to offer investment intelligence in key areas to help advisors meet their clients' investment goals. "We're honored to be recognized by PAM for our innovation, technology advancements and fiduciary services," said James Patrick, Executive Vice President of Advisor Services at Envestnet. "We're passionate about offering a robust investment program vital to wealth management practices of varying sizes and stages of growth, empowering them to fulfill fiduciary requirements." Envestnet continues to advance its products, services and platforms through technology innovation while meeting fiduciary standards.