As you look to grow and build your practice, the customized services you provide to your clients are what make the difference. Many RIAs are more interested in implementing their own investment portfolios instead of incorporating third-party money managers into their solutions. At Envestnet | Tamarac, we offer outsourced solutions to help you move your practice forward so that you can deliver even greater value to your clients.
Outsourced Trading Simplifies Your Day
The Envestnet | Tamarac Managed Account Platform allows you to implement your own portfolios and set the trading on autopilot. Top RIAs we talk with look to this solution for a subset of their accounts, for instance, qualified accounts without tax ramifications, smaller valued accounts, or accounts for the next generation, allowing them to build relationships with the children of their clients.
Envestnet | Tamarac’s Trading team supports you by monitoring the accounts daily to ensure deposits are invested and accounts are kept within balance, and then implementing the changes you might make to your portfolios at scale. This ability to save time with trading allows you to deepen client relationships with a broader array of services to help your clients achieve financial wellness.
Beyond Trading: The Envestnet Ecosystem
Many RIAs think of the Envestnet | Tamarac Managed Account Platform as the jumping-off point to other solutions within the Envestnet Ecosystem — solutions your clients are probably asking for help with already. Here are some examples of our broader solutions set for more comprehensive needs:
- For guaranteed income, check out our Insurance Exchange.
- For refinancing or help to secure a security-backed loan, the Advisor Credit Exchange offers solutions in this area and more.
- For alternative exposure and non-correlation in these volatile times, access offerings from CAIS, iCapital, or UBS within our Alternatives Exchange.
- For trust and estate planning services, our Trust Services Exchange, powered by Trucendent, is here to help.
- For analytics to help grow your business, our Data and Analytics platform enables you to make sense of your data and provide solutions for clients before they even know they need them.
- For financial planning, MoneyGuide has you covered as you help clients define and prioritize goals that can put their financial decisions into perspective. And Healthpilot enables you to automate decisions for your clients as you help them select and enroll in Medicare health insurance plans.
Outsourcing trading through the Envestnet | Tamarac Managed Account Platform is just one way to get more time back in your day. Getting extra time back in your day allows you to add more value to your relationships — focusing more on your clients’ needs and solving more problems. And when you do so, your clients are more inclined to recommend you to friends and family who need your guidance and advice.
To learn more about how our Envestnet | Tamarac Managed Account Platform and the broader Envestnet Ecosystemcan help you drive your business forward, email us at RIASales@envestnet.com or visit our resource page here.