As Registered Investment Advisors (RIAs) think about the sophisticated needs of their high-net-worth clients, more and more are looking for customization and integrated solutions to connect every aspect of their financial lives. From concerns about potential tax increases to interest in impact investing and the demand for more personalized portfolios, you need the right tools and resources to focus on your clients’ unique needs.
Today’s top RIAs turn to Envestnet | Tamarac for the tools they need to compete and thrive while delivering a superior level of service. Our Unified Managed Account (UMA) solution, a separately managed account (SMA)/UMA administration platform, allows you to consolidate the management of SMAs and UMAs and automate services that you may be handling manually today. It also unlocks more opportunities to personalize client portfolios and deliver more integrated advice.
Unlock More Personalized Portfolios
Here are a few of the additional solutions that can be accessed through our UMA program. All are designed to help you deliver a more personalized experience that addresses your clients more sophisticated needs and preferences:
- Tax Overlay. Tax Overlay Services offers a holistic tax management solution for clients wishing to mitigate the impact taxes have on their portfolios. It enables a customized, ongoing tax-optimization approach to your clients’ assets while you focus on managing their investments.
- Impact Overlay. Impact Investing Overlay Services help you build portfolios in a more personal way based on your clients’ social preferences. Available from Envestnet’s portfolio consulting group, Envestnet | PMC, this service allows your clients to direct multiple screens aligned with an integral representation of their personal values.
- Index Replication. Index replication opens up many of the benefits of individual security ownership – individual tax lot coordination, managing industry or individual security screens, and more general tailoring of a portfolio to meet individual needs and circumstances.
- Additional Solutions. Non-traditional solutions help you meet the totality of your clients’ needs. For clients needing additional solutions, you can tap into our Insurance, Credit, Trust Services exchanges.
UMA Integration Through the Envestnet | Tamarac Platform
You can access all our capabilities through the Envestnet | Tamarac platform. Our suite focuses on helping you manage your day-to-day business operations. Best used in its full-suite iteration, including Reporting, Trading, and CRM, each tool is best-of-breed on its own:
- Tamarac Reporting. The central location for client assets, the Envestnet |Tamarac Reporting platform provides advisor, operations, and client portals with interactive and up-to-date data, accessible from anywhere. It delivers a range of interactive and customizable reports on everything from transactional information to holdings, account performance, asset allocation, capital flows, and much more.
- Tamarac Trading. A premier portfolio rebalancing and trading application. You can build scale by implementing your best thinking across your entire client base, both quickly and efficiently.
- Tamarac CRM. The hub for client data is built as a firm-level, cloud-based application explicitly designed for RIAs. Because the CRM is integrated with a broad range of data resources, it can provide a differentiated experience.
To learn more about how you can increase your scale and efficiency and deliver what matters most to your clients, visit www.tamaracinc.com or give us a call at 866-525-8811. For more, read Deliver Personalized Portfolios At Scale here.