As part of the ongoing initiative to integrate with leading platforms serving independent investment advisors, Schwab announced today that Tamarac, a division of Envestnet, Inc., has been selected for participation in Schwab Intelligent Integration™. This integration will allow for real-time custody data from Schwab Advisor Services to be available within the Tamarac Xi web-based platforms Advisor CRM ® and Advisor View ®.
“This marks another important milestone in our effort to work with leading platforms to provide high quality integrations that have a meaningful impact on the work that independent investment advisors do every day,” said Neesha Hathi, vice president of technology solutions for Schwab Advisor Services. “We have a long relationship with Tamarac, including their licensing of Schwab Performance Technologies’ PortfolioCenter ®, and we look forward to the additional benefits we will be able to provide to clients.”
“Integrating Tamarac Advisor CRM and our performance reporting, portal and billing application, Advisor View, with Schwab Intelligent Integration is a perfect complement of customer management, portfolio management and custodial technologies,” said Stuart DePina, Group President of Envestnet | Tamarac. “Advisors using the comprehensive solution will see dramatic gains in their ability to service their clients and scale their businesses more profitably.”
As part of its platform, Tamarac employs a customized version of Microsoft Dynamics ® CRM. Tamarac will be the second provider using Microsoft CRM to become part of Schwab Intelligent Integration. The first, Salentica, is currently in beta and is expected to enter pilot this summer.Schwab announced general availability of two other integrations with leading CRM providers in February. About Envestnet | Tamarac Envestnet, Inc. (NYSE: ENV) is a leading provider of technology-enabled wealth management solutions to investment advisors. Envestnet's Advisor Suite® software empowers advisors to better manage client outcomes and strengthen their practice. Envestnet offers advanced portfolio solutions through its Portfolio Management Consultants Group, Envestnet | PMC®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software. Envestnet | Prima provides institutional-quality research and due diligence on investment and fund managers. Envestnet | Vantage™ gives advisors an in-depth view of clients’ investments, empowering them to give holistic, personalized advice.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV