Envestnet | Tamarac has announced an integration with eMoney Advisor (“eMoney”), a leading provider of advanced wealth-planning solutions for financial advisors. Financial advisors that utilize both Tamarac and eMoney can now view regularly updated account data from Tamarac within the eMoney platform, and import that data into reports and financial plans created in eMoney.
“This is the latest step we have taken to provide advisors with the partner integrations and financial planning tools they need to demonstrate more value for clients through holistic wealth management,” said Stuart DePina, Group President of Envestnet | Tamarac. “We will continue to work with eMoney and our other financial planning partners to seamlessly deliver data to and from the Tamarac system, which will further bring together account management and financial planning for advisors.”
As part of the integration, account information, holdings and transactions from Envestnet | Tamarac can be pulled on a daily basis directly from Advisor View™, the portfolio management and performance reporting component of the Advisor® Xi Suite, into eMoney’s emX wealth management platform using Tamarac’s open API. The data is incorporated into reports and financial plans in eMoney.
“Joining forces with Tamarac will help our mutual advisors further enhance the wealth management experience for their clients,” said Ed O’Brien, CEO of eMoney Advisor. “A holistic perspective of clients’ accounts and wealth is essential for creating collaborative client relationships, and we will work with Envestnet | Tamarac to establish deeper connections through our technology systems.”
Envestnet | Tamarac had a booth at the eMoney Advisor Summit from September 21-23, 2016 at the Ritz-Carlton Laguna Niguel in Dana Point, CA. In addition to offering onsite demonstrations of the Advisor Xi integrated technology suite for independent RIAs, Tamarac representatives lead a partner breakout session on September 22 titled “Engage Your Clients and Appeal to the Next Generation of Investors with the Tamarac Advisor Xi Suite.”
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Their open-architecture platforms unify and fortify the wealth management process, delivering flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective, and fully-aligned standard of care, and empower advisors to deliver better outcomes.
Envestnet | Tamarac’s web-based platform for independent RIAs, Advisor® Xi, deeply unifies portfolio management, modeling, rebalancing, trading, billing, and reporting with a client portal and enterprise-level client relationship management (CRM) system.
Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. More than 1,000 companies, including 11 of the 20 largest U.S. banks and hundreds of Internet services companies, subscribe to the Envestnet | Yodlee platform to power personalized financial apps and services for millions of consumers. Envestnet | Yodlee solutions help transform the speed and delivery of financial innovation, improve digital customer experiences, and drive better outcomes for our clients and their customers.
About eMoney Advisor
eMoney Advisor, LLC (“eMoney”), based in Radnor, Pennsylvania, is a wealth-planning platform for financial advisors and firms. It offers transparency, accessibility, security, and organization for everything that affects advisor’s clients’ financial lives. A technology envisioned and created by advisors for advisors, eMoney’s award-winning software and resources are tailored to transform the advisor’s ability to implement comprehensive financial plans and prepare their clients for a secure financial future. For more information, please visit: www.emoneyadvisor.com.