Market Overview

Allianz Life Announces Partnership with Envestnet


Allianz Life Annuities Will Be Available on the Company's New
Insurance Exchange

Investment advisors have a new resource available on the Envestnet
platform to help them better incorporate insurance solutions into their
client's portfolio through a strategic partnership announced today
between Allianz Life Insurance Company of North America (Allianz
) and Envestnet,
a leading provider of intelligent systems for wealth management and
financial wellness.

Allianz Life's entire portfolio of annuity products will be available on
the Envestnet Insurance Exchange, including both advisory- and
commission-based annuities. The Envestnet Insurance Exchange, announced
this past May, integrates insurance solutions into the wealth management
process on the Envestnet platform to further streamline and enhance
advisors' ability to deliver the lifecycle of advice. With this new
partnership, advisors at banks, broker-dealers, independent insurance
agencies and registered investment advisors (RIAs) throughout the United
States will be able to research and potentially recommend Allianz Life
annuity solutions as an option for their clients.

"We have consistently heard from advisors that they want to offer more
holistic solutions to help their clients achieve their financial goals,"
said Tom Burns, chief distribution officer, Allianz Life. "Having our
annuity products available on the new Envestnet Insurance Exchange helps
meet that need with the added benefit of it being available on an
easy-to-use online platform."

The Envestnet Insurance Exchange will help streamline the entire annuity
sales process from start to finish, allowing advisors to offer their
clients more comprehensive advice by incorporating insurance solutions
into wealth management. RIAs can do everything from submitting an
application to managing a client's assets – all in one integrated
technology platform. This means advisors will be able to better
incorporate annuity and insurance solutions into their client's
portfolio, offering a more well-rounded wealth management approach.

"We're proud to have Allianz Life as one of our partners on the new
Envestnet Insurance Exchange," said Bill Crager, President, Envestnet.
"By offering the company's annuities, advisors in the Envestnet network
will have innovative retirement solutions at their fingertips and will
be able to streamline their practice and provide more holistic advice to
their clients."

The Envestnet Insurance Exchange can be accessed through various tools
and features on Envestnet's Advisor Portal. Envestnet has partnered with
Fiduciary Exchange LLC (FIDx), a firm specializing in integrating
advisory and insurance ecosystems, to develop and manage its Insurance
Exchange, and the platform additions are scheduled to be available at
the end of the year. Financial advisors will need an insurance license
to introduce insurance products. For those advisors who are not
licensed, Envestnet will be offering a service called Guidance Desk that
will allow unlicensed RIAs access to the consulting and fiduciary
services that would enable them to use the Insurance Exchange. This
service is still in development.

About Allianz Life Insurance Company of North America

Life Insurance Company of North America
, one of FORTUNE's 100 Best
Companies to Work For® in 2018, has been keeping its promises since
1896. Today, it carries on that tradition, helping Americans achieve
their retirement income and protection goals with a variety of annuities
and life insurance products. In 2017, Allianz Life provided a total of
$2.7 billion in benefit payments that supported policyholders' financial
objectives. As a leading provider of fixed index annuities, Allianz Life
is part of Allianz SE, a global leader in the financial services
industry with 142,000 employees in more than 70 countries worldwide.
More than 85 million private and corporate customers rely on Allianz
knowledge, global reach, and capital strength to help them make the most
of financial opportunities.

About Envestnet

Envestnet, Inc. (NYSE:ENV) is a leading provider of intelligent systems
for wealth management and financial wellness. Envestnet's unified
technology enhances advisor productivity and strengthens the wealth
management process. Envestnet empowers enterprises and advisors to more
fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes
and strengthen their practices. Institutional-quality research and
advanced portfolio solutions are provided through Envestnet | PMC, our
Portfolio Management Consultants group. Envestnet | Yodlee is a leading
data aggregation and data analytics platform powering dynamic,
cloud-based innovation for digital financial services. Envestnet |
Tamarac provides leading rebalancing, reporting and practice management
software for advisors. Envestnet | Retirement Solutions provides an
integrated platform that combines leading practice management
technology, research, data aggregation and fiduciary managed account

More than 88,000 advisors and 3,500 companies including: 15 of the 20
largest U.S. banks, 43 of the 50 largest wealth management and brokerage
firms, over 500 of the largest Registered Investment Advisers, and
hundreds of Internet services companies, leverage Envestnet technology
and services. Envestnet solutions enhance knowledge of the client,
accelerate client on-boarding, improve client digital experiences and
help drive better outcomes for enterprises, advisors and their clients.

For more information on Envestnet, please visit
and follow @ENVintel.

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