Envestnet Asset Management has inked an alliance with H&R Block Financial Advisors that will give Envestnet clients access to H&R’s professionals for investment advice and services.

Chicago-based wealth advisor Envestnet, which announced the alliance Monday, offers a Web-based platform of investment programs including unified managed accounts, mutual funds, alternative investments, and fixed-income.

H&R Block Financial Advisors, a unit of H&R Block Inc. of Kansas City, Mo., provides traditional brokerage services as well as annuities, insurance, investment advisory accounts, online account access, and equity research.

Envestnet had more than $45 billion of assets under management and administration as of Sept. 30.

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