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Envestnet | Tamarac Announces Integration with Private Client Resources (PCR)

ENV

PCR's wealth data aggregation services now available with Tamarac's open platform for RIAs

PR Newswire

CHICAGO, Oct. 11, 2018 /PRNewswire/ -- Envestnet | Tamarac (www.tamaracinc.com) announced a new integration with Private Client Resources (PCR), a leading provider of wealth data aggregation services, that will enhance the capabilities of advisors on the Tamarac platform serving investors that have more sophisticated portfolio needs, especially those offering alternative investments and/or operating family offices.

Envestnet | Tamarac (PRNewsfoto/Envestnet | Tamarac)

The collaboration will integrate PCR's unique data aggregation capabilities, including automated alternative/illiquid assets, into Tamarac's award-winning platform. The PCR services are fully bundled, including increased custodial coverage, investment analysis and ready held-away aggregation. The PCR data services are integrated seamlessly with the Tamarac platform and supported directly by PCR specialists.

"We're excited to partner with PCR to expand our data feeds and data aggregation focused on alternative investments on the Tamarac platform," said Stuart DePina, President of Envestnet | Tamarac. "We are committed to continuing to enhance our open platform and provide more options that position advisors for success in meeting the needs of their clients."

Bob Miller, CEO of PCR said "Envestnet | Tamarac is a leading force in helping advisors run their businesses. This integration will offer firms new ways of better serving clients with an efficiently managed total view of their client's investments."

Other benefits to advisors include a statement of alternative investments, a dashboard providing a reconciliation of data feeds and business intelligence updates.

Stuart DePina will be discussing the PCR-Envestnet | Tamarac integration as a keynote speaker at the PCR NEXT | 2018 conference in New York on October 11, 2018.

About Private Client Resources (PCR)
PCR is changing the way the world's wealthiest families and their advisors manage their complex investment data. The Company's award-winning wealth information management platform, combines data aggregated from over 400 custodians/banks with alternative transactions curated from the investor communications of over 5,000 managers. The solutions deliver unique security features such as e-consent technologies and a tokenized data architecture compliant with emerging privacy regulations such as GDPR. PCR is trusted by leading Private Banks, Registered Investment Advisors, Trust Companies, Family Offices and Technology Firms serving wealthy families.

For more information about Private Client Resource (PCR) please visit www.pcrinsights.com.

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 retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

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 Advisors, 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 about Envestnet | Tamarac, please visit www.tamaracinc.com and follow @TamaracInc.

Media Contact:
Brooke Worden
Weber Shandwick
612.308.6975
bworden@webershandwick.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/envestnet--tamarac-announces-integration-with-private-client-resources-pcr-300729217.html

SOURCE Envestnet | Tamarac



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