Envestnet | Tamarac has added Wealth Access, a wealth management technology firm that provides aggregation and reporting for firms in addition to a client portal solution, to the Tamarac platform.
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.
“RIAs using both Tamarac and Wealth Access solutions can now take advantage of two industry-leading offerings through this exciting collaboration,” says 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, 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 customised 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.”
