Introduction

Advisor

	Introduction
	Features & Benefits
	Compliance
	Portfolio Review
	Rebalancing
	Directed Trading
	Cash Management
	Tax Management
	Third Party Integration
	Download Brochure

Tax-Managed Indexing

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Cash Management

Tamarac offers multiple options for raising cash, investing cash and maintaining cash reserves across an unlimited number of accounts and/or households. Using Tamarac to automate your cash management makes it easy to find accounts that require action and ensures that all buys/sells are done in accordance with your clients' preferences and model logic.

Find the accounts that need action

Tamarac quickly shows you which accounts:

Have cash to invest
Need to raise cash
Need additional cash raised to cover your fees

Investing cash

Tamarac gives you several options for investing cash.

Full rebalance:
If the amount of money to invest is large (relative to the account value)
Min/max rebalance:
If the amount to invest is moderate in size
Buy only to invest cash:
Puts cash to work in the most underweighted positions in the portfolio
Buy only at model weights:
Often used to support 401(k) accounts, the system will distribute the buys across the accounts' model goal weights - regardless of the current position

Best practice

Tamarac users can simply enter a received cash amount as additional cash into our system, rebalance and produce a trade list - without having to wait a day later for their accounting system to reconcile the client funds before they put the cash to work.

Raising cash

Tamarac gives you several options for raising cash, depending on the amount of cash, while maintaining model compliance and taking tax considerations into account.

Full rebalance:
If the amount of money to raise is large (relative to the account value)
Min/max rebalance:
Recommended if the cash raise is moderate
Sell a % of account value in a specific security:
This option is ideal if you are looking to raise a specific % (or basis points) amount from your accounts to cover your fees

Maintaining cash reserves in Tamarac

Tamarac allows advisers to maintain two different levels of cash reserves at the account level in addition to, or instead of, having a cash position as part of a target allocation. The reserves can be set three different ways: Specific dollar amount, % of account value, or % of existing cash. The user can set these cash reserves as a one-time event or keep the reserve on the account to always maintain a specific cash level in an account. Tamarac also handles margin accounts.