Sign In
Chicago, IL – November 14, 2012
Press Release

Envestnet | Tamarac Integrates Performance Reporting and CRM Applications with Schwab Openview Gateway

Central, Secure, System to Access Critical Client Data Reaffirms Commitment to Empowering Advisors with the Technologies to Make their Practices More Efficient and Profitable
Envestnet | Tamarac, a leading provider of integrated web-based portfolio and client management software for independent advisors and wealth managers, has announced a collaboration with Schwab Intelligent Technologies to provide an integrated data and reporting solution for advisors using Schwab OpenView GateWay and Envestnet | Tamarac's Advisor Xi Suite.

Through this integration, advisors who custody with Schwab can securely access custodial data in real-time from Tamarac's performance reporting and billing application, Advisor View, as well its client relationship management system, Advisor CRM®. By utilizing this integration, advisors will be able to serve their clients from an integrated system with a single sign-on, driving greater efficiencies while improving responsiveness. Integrated custodial information includes account and contact information, balance data, alerts, and reports such as statements, tax documents and trade confirmations.

"Envestnet is deeply committed to enhancing and expanding the development of Tamarac's platform. Together we are creating technologies and working with custodians to empower advisors to build their practice management capabilities and focus on the needs of their clients," said Stuart DePina, Group President, Envestnet|Tamarac. "This integration allows both advisors and their clients to spend less time searching for the information and enjoy a seamless experience. By opening a single program, advisors can now see the most pertinent client information and action items in one place."

"Envestnet|Tamarac is truly making account administration more efficient with this integration and our client service and operations teams couldn't be more pleased," said Troy Waters, Managing Director, HoyleCohen. "With access to real-time account data, alerts and electronic statements at our fingertips, our advisors have the information they need, without having to leave their current applications used for regular client management or portfolio management business processes."
More Press Releases Schedule a Demo

About Schwab Advisor Services

Schwab Advisor Services provides custody and trading, as well as technology and other support services to independent investment advisors. It includes the custody, trading and related support services of Charles Schwab & Co., Inc. ("CS&Co"), a registered broker-dealer and member SIPC. It also includes the technology and related products and services of Schwab Intelligent Technologies ("SIT") and Schwab Performance Technologies ("SPT"). CS&Co and SIT and SPT are affiliated as separate subsidiaries of The Charles Schwab Corporation, but their respective products and services are independent of each other.

Participating providers are independent companies that are not affiliated with Schwab or any of its affiliates. Participation in the Schwab OpenView Gateway is not a recommendation or endorsement of, or referral to, the participant by Schwab Intelligent Technologies or any of its affiliates.

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.
Copyright Envestnet | Tamarac All rights reserved. is digitally verified by Starfield Secure Certification Authority.
Tamarac Trading
Sign In
Tamarac Reporting
Sign In