Tamarac
Tamarac · Seattle, Washington, USA · founded 2000
What it is
Envestnet Tamarac provides trading, reporting, billing, and CRM tools for wealth management practices, and its product page describes independent registered investment advisors as its audience. Tamarac Trading supports portfolio rebalancing, tax-loss harvesting, model management, cash monitoring, and trading-only workflows. It can automate model portfolio construction and management, watch trading triggers, execute trades through brokers, and reconcile prior-day trades. Tamarac Reporting offers portfolio analysis, flexible reports, and billing capabilities, while its client portal gives clients a customizable overall view of their finances. Tamarac CRM is web-based and integrates with Tamarac Reporting and Trading, Microsoft 365, Outlook, and MoneyGuide. The product also lists performance reporting, allocation analysis, risk analysis, and tax-lot tracking across multiple asset classes, including alternatives. It is available on web, iOS, Android, and API. Pricing is on request. For Unified Managed Accounts, reporting integration is one-way: UMA changes must be made on Envestnet, and Tamarac sleeve-account changes are not sent back.
For and against
For
- Supports portfolio rebalancing and tax-loss harvesting
- Can monitor trading triggers and reconcile prior-day trades
- Reporting includes portfolio analysis and billing
- CRM integrates with Microsoft 365 and Outlook
- Tracks tax lots and analyzes allocation and risk
Against
- Pricing is on request
- UMA reporting integration is one-way
The verdict
Tamarac covers multiple wealth-management workflows, from trading to client relationships. Firms considering Unified Managed Accounts should account for the one-way reporting integration, and pricing requires contacting Envestnet.
Who it suits
Tamarac is intended for independent registered investment advisors and wealth management practices. Its trading, reporting, billing, and CRM tools may suit firms seeking those functions alongside portfolio analysis.
Plans and prices
Envestnet Tamarac
Pricing not stated on the product page; contact Envestnet
Read 11 Oct 2026 · envestnet.com
On the record
- Allocation analysis
- Yesenvestnet.com · read 20 Sep 2026
- API
- Tamarac’s External API can provide client, household, group, account, holdings, and document data; API documentation and credentials require Envestnet Developer Portal credentials and an account manager discussion.developer.envestnet.com · read 11 Oct 2026
- Asset class coverage
- multi_asset_alternativesenvestnet.com · read 20 Sep 2026
- Audience
- The product page describes Tamarac as serving independent registered investment advisors (RIAs).envestnet.com · read 11 Oct 2026
- Client portal
- Tamarac’s client portal gives clients a customizable holistic view of their finances.envestnet.com · read 11 Oct 2026
- Company
- Envestnet states it was founded in 1999 and is headquartered in Berwyn, Pennsylvania.envestnet.com · read 11 Oct 2026
- CRM
- Tamarac CRM is a web-based relationship management system that integrates with Tamarac Reporting and Trading, Microsoft 365, Outlook, and MoneyGuide.envestnet.com · read 11 Oct 2026
- Integrations
- Envestnet lists partners including Redtail, Salesforce, Wealthbox, Practifi, Nitrogen, and Docupace in its integration directory.envestnet.com · read 11 Oct 2026
- Performance reporting
- Yesenvestnet.com · read 20 Sep 2026
- Product
- Envestnet Tamarac offers trading, reporting, billing, and CRM tools for wealth management practices.envestnet.com · read 11 Oct 2026
- Reporting
- Tamarac Reporting provides portfolio analysis, flexible reporting, and billing capabilities.developer.envestnet.com · read 11 Oct 2026
- Risk analysis
- Yesenvestnet.com · read 20 Sep 2026
- Security
- Envestnet says it uses transmission encryption, firewall barriers, and authentication procedures to help protect online sessions and accounts from unauthorized access.api.envestnet.com · read 11 Oct 2026
- Support
- Envestnet directs Tamarac users to its Support & Training Center for product documentation and release information.envestnet.com · read 11 Oct 2026
- Tax-lot tracking
- Yesenvestnet.com · read 20 Sep 2026
- Trading
- Tamarac Trading supports portfolio rebalancing, tax-loss harvesting, model management, cash monitoring, and trading-only workflows.envestnet.com · read 11 Oct 2026
- Trading workflow
- Tamarac Trading can automate model portfolio construction and management, monitor trading triggers, execute trades through brokers, and reconcile prior-day trades.resources.envestnet.com · read 11 Oct 2026
- UMA limitation
- For Tamarac Unified Managed Accounts, reporting integration is one-way: changes to Tamarac UMAs must be made on Envestnet, and changes to sleeve accounts in Tamarac are not sent back.envestnet.com · read 11 Oct 2026
