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Seattle, WA – September 30, 2010
Press Release

Tamarac adds straight-through processing of ETF and equity trades directly from its industry leading portfolio rebalancing application

Advisors can now route and track trades from creation through settlement using a single rebalancing and trading platform
Seattle, Wash., September 30, 2010 - Tamarac Inc., a leading provider of integrated portfolio management software and services, announced today the addition of straight-through processing of ETF and equity trades directly from its portfolio rebalancing application, Advisor Rebalancing®, using FIX connectivity.

With over 1,200 advisors using its premium rebalancing application—and collectively managing over $150B in assets—Tamarac is uniquely positioned to extend its value proposition of driving greater efficiency into more RIA offices with the addition of trade execution and order routing functionality.

"Thanks to Advisor Rebalancing's straight-through processing, I am now only an internet session away from having FIX connectivity to all three major brokerage firms we clear through, all through one easy screen within Advisor Rebalancing," Says Andy Boedecker, VP of Trading and Operations at FEG/Managed Portfolios. "The setup for Advisor Rebalancing was extremely easy, and my trading workflows are now available to me wherever I have internet access, with speed that matches what we used to have through Moxy."

Advisors that trade ETFs and equities benefit from the powerful portfolio modeling (including n-tier models), monitoring, cash management, and advanced account and security settings that are built into Tamarac's rebalancing application.

Trade execution and routing is one of several key new capabilities that will comprise the latest version of Tamarac's integrated portfolio management suite, Advisor X, releasing in October of this year. Advisor X integrates portfolio rebalancing, trade order management, CRM, performance reporting, customer portal, and portfolio accounting. Components of Advisor X may be purchased as standalone software.

"By adding FIX connectivity to our industry leading rebalancing application, advisors are now able to further streamline their trading workflows with straight-through processing of trades," says Tamarac CEO, Stuart DePina. "We are continuing to make investments in our technology solutions which provide advisors with both increased efficiency as well as tools to eliminate costly trading errors."
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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 and follow @TamaracInc.
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