The role of today’s Registered Investment Advisor (RIA) encompasses so much more than ever before. Clients’ needs are more sophisticated, and the services you offer (and the many hats you wear) have expanded exponentially, too.
But when you take a fresh look at your practice’s value proposition, are you still focused on investment management expertise as your primary differentiator? Or have you expanded your value proposition to incorporate your ability to solve complex financial problems with more holistic, personalized advice? Top RIAs we talk with concentrate on growing their business with technology and outsourced account management so they can spend more time maintaining client relationships and less managing investments. Outsourced solutions drive efficiency and help you get more time back in your day.
Outsourced Account Management Saves You Time
The Envestnet | Tamarac Managed Account Platform brings the world of outsourced account management to your fingertips by integrating the tools and functionality of the broader Envestnet financial wellness ecosystem to create a seamless experience for Envestnet | Tamarac users.
And the power of integration opens a world of possibilities for you. It lets you expand the universe of solutions you can offer your clients while allowing you to deliver exceptional levels of customization at scale.
The Envestnet | Tamarac Managed Account Platform
- Access to over 1,700 Separately Managed Accounts (SMAs), 1,400+ Fund Strategist/Model Portfolios, and the universe of Mutual Funds and ETFs
- Allows you to combine multiple portfolio options into a single brokerage account, creating a diversified solution and a better experience for your clients
- Simplifies the upfront and ongoing paperwork when it comes to client reports and 1099s
In addition, our single-contract Unified Managed Account solution eliminates the need to transfer funds so you can rebalance accounts – or the need for additional client signatures when you change managers. It allows for single account rebalancing and advisor discretion over all portfolio changes.
You can also incorporate direct indexing into your solutions with our Quantitative Portfolios from QRG Capital Management. These portfolios allow you to provide low-cost customization while including ongoing tax management and socially responsible screens. When you leverage our PMC resources to offer your high-net-worth clients increasingly tailored solutions at no additional cost, you’ll never feel as if you can’t compete with the big shops again.
Learn More About Our Managed Account Platform
As you look to solve your clients’ ever-evolving needs with more holistic, personalized advice, look to Envestnet | Tamarac. To learn more about how our Managed Account Platform can help you drive your business forward, email us at RIASales@envestnet.com or visit our resource center page at here.