Envestnet | Tamarac

Envestnet | Tamarac is a comprehensive portfolio management and performance reporting platform designed specifically for independent registered investment advisors (RIAs). Tamarac offers a suite of integrated solutions that streamline portfolio management, trading, client reporting, and client relationship management (CRM), enabling advisors to operate more efficiently and provide high-quality service to their clients. Tamarac is widely recognized for its robust technology, extensive customization options, and ability to handle complex investment strategies.

The platform is part of Envestnet, a leading provider of unified wealth management technology and services to financial advisors and institutions. Tamarac’s focus on enhancing advisor productivity, improving client engagement, and supporting scalability makes it a preferred choice for RIAs looking to grow their businesses and deepen client relationships.

Key Features:

1. Portfolio Management and Performance Reporting:
   Tamarac’s portfolio management tools provide detailed analytics, performance measurement, and portfolio tracking across multiple asset classes. The platform allows advisors to monitor portfolios against benchmarks, assess risk, and generate in-depth performance reports tailored to client needs.

2. Trading and Rebalancing:
   Tamarac’s trading and rebalancing system automates trade execution, portfolio rebalancing, and tax optimization. Advisors can create custom trading rules, rebalance portfolios according to investment models, and execute trades across multiple custodians, improving trading efficiency and accuracy.

3. Client Portal and Reporting:
   The client portal offers a secure, user-friendly interface where clients can view their portfolio performance, access account statements, and engage with interactive financial dashboards. Tamarac’s reporting tools allow advisors to generate customizable, white-labeled reports that enhance client communication and transparency.

4. Client Relationship Management (CRM) Integration:
   Tamarac integrates seamlessly with leading CRM systems, such as Salesforce, to help advisors manage client interactions, track communications, and streamline workflows. This integration enhances client relationship management by providing a complete view of each client’s financial picture and engagement history.

5. Billing and Revenue Management:
   The platform includes flexible billing and revenue management tools that automate fee calculation, billing, and invoicing. Tamarac supports multiple fee schedules and billing methods, ensuring that advisors can accurately manage client billing and revenue collection.

6. Data Aggregation and Integrations:
   Tamarac aggregates data from custodians, financial planning software, and other third-party systems, providing a comprehensive view of client accounts and portfolios. The platform’s open architecture supports API integration, enabling firms to build a customized tech stack that meets their specific needs.

7. Model Management and Asset Allocation:
   Advisors can create and manage investment models, set asset allocation targets, and assign models to client accounts. Tamarac’s model management tools allow for consistent, scalable portfolio management, ensuring that client portfolios align with their investment strategies and goals.

8. Scalability and Customization:
   Tamarac is highly scalable, supporting firms of all sizes, from solo advisors to large, multi-office RIAs. The platform’s extensive customization options allow advisors to tailor the software to their workflows, branding, and client engagement strategies.

Benefits:

• Integrated Solution: Tamarac combines portfolio management, trading, client reporting, and CRM into a single platform, reducing operational complexity and enhancing advisor productivity.

• Enhanced Client Experience: Customizable client portals and detailed performance reports improve client engagement and transparency, strengthening advisor-client relationships.

• Operational Efficiency: Automation of trading, rebalancing, billing, and reporting workflows reduces manual tasks, allowing advisors to focus on strategic client interactions.

• Scalable Technology: Tamarac’s scalable architecture supports the growth of advisory firms, offering flexibility to adapt to changing business needs and expanding client bases.

• Data-Driven Insights: Advanced analytics and performance measurement tools provide advisors with actionable insights that inform investment decisions and support client conversations.

Schedule a Meeting to Avail the Services of Envestnet | Tamarac

View Knowledge Base