Tamarac by Envestnet
Integrated portfolio management software with tax-loss harvesting capabilities for wealth advisors.
Overview
Tamarac by Envestnet provides a comprehensive portfolio management platform designed for independent advisors and wealth management firms. The software integrates portfolio accounting, trading, rebalancing, and client reporting into a single system.
Tamarac's tax-loss harvesting module automates the identification and execution of tax-loss harvesting opportunities to optimize after-tax returns. The platform supports customization and integration with Envestnet's broader wealth management ecosystem, enabling streamlined workflows and enhanced client service.
The solution is cloud-based and supports scalability for firms of various sizes, focusing on improving operational efficiency and portfolio performance through automation and data integration.
Key Features
- + Automated tax-loss harvesting
- + Portfolio rebalancing and trading
- + Integrated portfolio accounting
- + Client reporting and performance analytics
- + Customizable workflows
- + Integration with Envestnet ecosystem
- + Cloud-based platform