This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Envestnet | Tamarac Announces Integration Of Advisor Rebalancing With Salentica Advisor DeskTM CRM

Stocks in this article: ENV

CHICAGO, Dec. 20, 2012 /PRNewswire/ -- Envestnet | Tamarac™, a leading provider of integrated web-based portfolio and client management software for independent advisors and wealth managers, has entered into a strategic alliance with Salentica Inc., a market leader in providing innovative and integrated Client Relationship Management (CRM) and Client Reporting technology solutions for wealth managers, to help advisors oversee their clients' accounts more efficiently.

Under the terms of this strategic alliance, Salentica Advisor Desk™, a comprehensive CRM solution designed exclusively to help wealth management firms address their complex client management needs, will integrate with Envestnet | Tamarac's Advisor Rebalancing® solution, the financial services industry's leading premium rebalancing application.

"This collaboration will streamline advisors' ability to manage their clients' financial accounts by eliminating the need to move between two different platforms when rebalancing portfolios and managing client interactions," said Stuart DePina, President of Envestnet | Tamarac. "These enhanced client-service efficiencies are the continuation of our commitment to empowering advisors to take their portfolio management capabilities and practices to the next level."

At the financial account level, Advisors will be able to respond immediately to cash requests and other client inquiries using the integrated Tamarac Advisor Rebalancing functionality directly from Salentica Advisor Desk. Advisors can also adjust their clients' Advisor Rebalancing model portfolios and account settings and access other advanced rebalancing features from within the CRM platform.

"As a technology partner for wealth management firms, we are constantly trying to drive value and efficiency for our clients. To accomplish that, one of our strategies includes integrating with other leaders in the wealth management space," said Bill Rourke, President of Salentica. "We've built successful integrations that advisors are requesting, such as the Schwab OpenView™ Gateway and Laser App in 2012, and our next focus is Envestnet | Tamarac's robust rebalancing solution. This is the natural evolution of our mission to create a seamless user experience and deliver a truly integrated desktop."

The integration will become fully available in the second quarter of 2013. Envestnet | Tamarac will continue to align with other providers of best-in-class CRM technology and pursue further refinements to its own integrated CRM solution, Advisor CRM®. Both Tamarac Advisor CRM and Salentica Advisor Desk are built on the powerful Microsoft Dynamics® CRM platform.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • 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 Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs