In a solid start to the new quarter, our Envestnet | Tamarac Reporting® and Trading® teams continued to focus on enhancements and innovations. For our April release, we’re excited to introduce six new improvements to our Reporting and Trading capabilities. In our regular “What’s New from Tamarac” series, we highlight the latest innovations that support your relationships with clients and, ultimately, your client’s achievement of financial wellness.

Here’s a look at what’s new:

1. New Charts Added to Net Worth PDF Reports

To better show how a client’s financial situation has changed over time, you can now add our powerful and intuitive net worth chart to your PDF reporting package. With this release, you can show a table, a chart, or both, creating a customized PDF Net Worth section that’s right for your client.

2. Target Allocation Data Points Now Available on Holdings Reports

With our expanded Holdings report, you can now combine our position-level holdings data with category-level target allocation data. Depending on the situation, you can add various target allocation data points to the Holdings dynamic report, the client portal desktop and mobile app report, and the full PDF report.

3. Automatic Scheduled Uploads via FTP Folder

For some applications, it is helpful to be able to upload data sets to Tamarac regularly. With this release, we have streamlined the process by allowing you to save a file to an FTP folder for automatic scheduled upload.

4. New Integration: View BNY Mellon | Pershing Realized Gain/Loss Data in Tamarac Reports

In some situations, such as following a stock split, your firm may want to source realized gain/loss information directly from the custodian for use in Tamarac reports. For firms using Tamarac Services, we now offer this option for accounts custodied at BNY Mellon and BNY Pershing.

5. Lot-Specific Trading in the FIS AddVantage Trade File

For advisors who use FIS AddVantage as a trust accounting system and trade on Tamarac, we now offer new FIS AddVantage lot-specific mutual fund and equity trade files. This enhancement helps ensure you’re selling the correct tax lot when you trade those securities.

6. Our Calculations Made Smarter

To ensure that return numbers within categories make the most sense, we now consider buys and sells within a security category on the same day to have happened simultaneously. We also now make sure that security quantities match the security value from the day of a stock split.

Finally, as part of our ongoing effort to improve speed and reliability on the Tamarac Platform, we continue to make enhancements under the hood, including automating some back-end data processing workflows and optimizing processing for some of our internal tools. Stay tuned for our next blog post that will focus on the beta version of our Rebalance page. We’ll dig into all the ways Tamarac Trading continues to innovate and maintain our market leadership in the advisor trading space.

Learn More
Learn how our robust reporting and trading solutions can help you deliver the customized performance tools and resources your clients need. Visit or give us a call at 866-525-8811.

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