SEATTLE, Sept. 19, 2012 /PRNewswire/ -- Envestnet | Tamarac™, a division of Envestnet, Inc. (NYSE: ENV), is a leading provider of integrated, web-based portfolio rebalancing, performance reporting and customer relationship management software for independent advisors and wealth managers, began its annual User Conference today at Seattle's Bell Harbor International Conference Center. For the sixth consecutive year, financial advisors from around the country have convened for this unique opportunity to learn about the latest trends, technologies and best practices that will influence the future growth of their businesses. (Logo: http://photos.prnewswire.com/prnh/20120504/NY01506LOGO ) The morning session began with a welcome address from Judson Bergman, Chairman and Chief Executive Officer, Envestnet, followed by an update on the acquisition of Tamarac by Envestnet and the plans to create a groundbreaking fully integrated solution for registered investment advisors, from Stuart DePina, Group President, Envestnet | Tamarac™. "Being able to draw upon resources and intellectual capital from other divisions within Envestnet has allowed us to plan a conference that will help users of our software suite perform their jobs even more efficiently and also share best practices to drive their business growth," said Mr. DePina. "In addition to the sessions devoted to making better use of our proprietary technology, this year we've also added an entire practice management track to appeal to more owners and principals – where having experience with our software isn't a prerequisite for gaining great value from the content." The welcoming address was followed by keynote speaker Davis Janowski, Technology Columnist for InvestmentNews. During his hour-long session, Mr. Janowski identified some of the latest trends in technology and talked about what the technological future holds in store for RIAs. Another highlight of the first day's sessions was a presentation by J. Gibson "Gib" Watson, III, Group President, Envestnet | Prima, entitled "Steering Clear of the Perfect Storm: Solving the Fixed Income Dilemma in Investors' Portfolios." "It's important that advisors be prepared for continuing volatility and economic uncertainty," said Mr. Watson. "One way to do that is to wholeheartedly embrace rational open architecture and a holistic advice model that emphasizes service together with portfolio construction and management, utilizing independent research, due diligence and advice as key components of that process."