Edelman Moves to Orion for Tech Stack

Ortolani, A. (2026, January 22). Edelman moves to Orion for tech stack. Wealth Management. https://www.wealthmanagement.com/financial-technology/edelman-financial-engines-moves-to-orion-for-wealth-tech

·       Edelman Financial Engines has transitioned its entire technology stack to Orion after maintaining an eight-year relationship with rival provider Envestnet.

·       The registered investment advisor currently manages over $308 billion in assets and supports a network of more than 370 financial planners.

·       Orion will provide a comprehensive suite of tools including portfolio management, trading, data sharing, and advisor engagement platforms.

·       This technology shift follows a leadership change in October where Ralph Haberli succeeded Jay Shah as the firm's Chief Executive Officer.

·       Edelman executives stated that the move to Orion aims to better integrate internal systems and enhance the digital experience for their clients.

·       The transition represents a significant market win for Orion, which currently oversees approximately $5.8 trillion in assets under administration.

·       Majority owners Hellman & Friedman and minority stakeholder Warburg Pincus continue to oversee the firm’s strategic direction alongside founder Ric Edelman.