Spire Investment Partners, the parent company of Spire Wealth Management, has opted for Chicago-based Envestnet’s wealth management technology system.

Spire gives advisors flexibility to choose whatever business model or corporate entity they prefer, as well as the ability to select a variety of fee structures. The group believes that Envestnet’s front to back office solution can cater for that.

Spire Investment Partners has a total of $1.4 billion in assets under management.