The enhancements aim to reduce reporting burdens, broaden investment functionality and support adviser productivity across the registered investment adviser (RIA) market.
Envestnet, a Pennsylvania-based adaptive wealth technology company, has expanded its technology investment in Tamarac, more than doubling its commitment as part of a five-year, US$1 billion research and development programme aimed at strengthening tools used by RIAs. Tamarac is the firm’s full wealth management technology platform for RIAs Tamarac is the firm’s full wealth management technology platform for RIAs - covering trading, rebalancing, reporting, client portals, pr