In his new role Mullen will consult with Envestnet partners and advisors on growing their firms, and will also promote the use of unified managed accounts. At Fortigent, Mullen was a director of sales and an architect of the firm's UMA platform.

Fitzpatrick joins from Fidelity Investments and, among other tasks, will be responsible for working with Envestnet partners to explore distribution opportunities, and assist them to raise assets through advisory solutions. At Fidelity he held various roles, including in strategy development, the Fidelity mutual funds, intermediary distribution, international markets, and wealth management.

The appointments are part of a wider expansion initiative, according to Envestnet, and follow the recent appointments of Marion Asnes as managing director and chief marketing officer, and Ron Fiske as managing director, strategic partnerships.

Chicago-headquartered Envestnet provides wealth management services to advisors and, as well as its headquarters, has offices in Boston, Denver, New York, Silicon Valley and Trivandrum, India.