Envestnet | Tamarac Enhances PortfolioCenter® to Optimize Advisor Efficiencies and Improve Data Management
"This is a tested, trusted tool that thousands of advisors depend on every day," said
The recent updates to PortfolioCenter include:
- Account Transfer Wizard – RIAs using PortfolioCenter are now able to select files for bulk transfer between accounts. This enhancement significantly reduces time spent for those managing numerous accounts for one client, freeing up time and improving user experience.
- Export Wizard – Enhancements to the Export Wizard tool boost safety and security of clients' personal information. Key account details are masked when running exports such as asset class intervals, rebalancing and billing history.
- Billing Summary Reports – All billing summary reports now include information on current portfolio value, which improves transparency, and allows advisers to quickly identify rates outside the typical range and other potential anomalies.
This is Tamarac's first set of enhancements since acquiring PortfolioCenter. Additional upgrades are underway which will focus on increased scalability and performance benefitting all clients that leverage the Tamarac platform.
RIAs and firms interested in learning more about PortfolioCenter should reach out to their
Envestnet Wealth Solutions enables enterprises and advisors to better manage client outcomes and strengthen their practices through its leading Wealth Management Operating System and advanced portfolio solutions. Envestnet | Tamarac provides portfolio management, reporting, trading, rebalancing and client portal solutions for registered independent advisers (RIAs). Envestnet | MoneyGuide provides goals-based financial planning applications. Envestnet Data & Analytics enables innovation and insights through its Envestnet | Yodlee data aggregation platform.
More than 100,000 advisors and more than 4,700 companies including: 16 of the 20 largest U.S. banks, 43 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs and hundreds of internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences and help drive better outcomes for enterprises, advisors and their clients.
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