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Envestnet | Tamarac Announces Integration with Wealth Access Providing RIAs with More Choice in Integrated Client Engagement Tools

ENV

PR Newswire

CHICAGO, Oct. 30, 2018 /PRNewswire/ -- Envestnet | Tamarac (www.tamaracinc.com) announced a new integration on its Tamarac platform with Wealth Access, a wealth management technology firm that provides aggregation and reporting for firms in addition to a client portal solution. The integration uses the Tamarac open API to integrate data in to the Wealth Access client portal solution while still allowing RIAs to take advantage of Tamarac's portfolio management solutions.

Envestnet | Tamarac (PRNewsfoto/Envestnet | Tamarac)

"RIAs using both Tamarac and Wealth Access solutions can now take advantage of two industry-leading offerings through this exciting collaboration," said Andina Anderson, managing director, client relations at Envestnet | Tamarac. "We are pleased about this latest step in our continuing commitment to serving RIAs and their clients by providing integrated options that allow RIAs to pursue the software option that works best for their business."

Wealth Access provides collaborative financial management tools for advisors serving high net worth clients. The company, headquartered in Nashville, Tenn., aggregates information from more than 20,000 financial services institutions on its proprietary platform.

The new integration will allow RIAs to take advantage of Tamarac's custom software solutions while maintaining the reporting and platform visuals they provide to their current clients. Continued integrations through Tamarac's open API allow RIAs to provide a more seamless and customized client experience through an integrated approach to portfolio management.

"Tamarac's open architecture provides our firm with the flexibility we need to tailor our financial management tools to help meet the needs of our clients and provide the highest level of service possible," says Tim Rogowski, CIO/CPO Savant Capital. "This integration also enables us to power our Wealth Access client engagement tools with Tamarac's reconciled data."

About Wealth Access 
Wealth Access is an innovative wealth management technology firm that provides reporting solutions for the high net worth advisor and investor community. Its proprietary and diagnostic cloud-based platform aggregates information from more than 20,000 financial services institutions and various holdings to deliver an aggregated view, allowing for better decision support in investments, tax planning, insurance and other complex situations faced by high net worth individuals. Founded by a former Merrill Lynch high net worth advisor, Wealth Access provides a complete platform for advisors to collaborate with other professionals and position themselves central to their clients' lives. Headquartered in Nashville, TN, Wealth Access is backed by successful investors and notable wealth management technology platforms. For more information, please go to http://www.WealthAccess.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
952.346.6126
bworden@webershandwick.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/envestnet--tamarac-announces-integration-with-wealth-access-providing-rias-with-more-choice-in-integrated-client-engagement-tools-300739868.html

SOURCE Weber Shandwick - MN



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