CHICAGO, March 12, 2014 /PRNewswire/ -- Envestnet |
Tamarac, a division of Envestnet, Inc. (NYSE: ENV), a leading
provider of integrated, web-based portfolio and client management
software for independent advisors, announced today William Blair
& Company's selection of key components of their custodian
agnostic platform, Advisor Xi®, for its private wealth
management business.
Integration of Tamarac's cutting-edge Advisor View™ and Advisor
Rebalancing® applications will facilitate real-time,
transparent reporting and other portfolio management efficiencies
for William Blair's private wealth
clients in 2015.
"At Envestnet | Tamarac, we've built a comprehensive platform to
address the complex needs of firms such as William Blair," said Stuart DePina, Group President, Envestnet |
Tamarac. "Envestnet is uniquely situated to provide integrated
technology solutions via a single platform, to empower William Blair as they continue growth and
expansion into new markets."
Both Advisor Rebalancing, the industry's premier portfolio
rebalancing and trading solution, and Advisor View, Tamarac's
integrated portfolio management and reporting application, are part
of the Advisor Xi suite. The Advisor Xi platform is Tamarac's
custodian-agnostic, web-based platform, designed to deeply
integrate portfolio management, billing, rebalancing, trading and
performance reporting functions with an online client portal.
"Our business is squarely centered on the ever-changing needs of
our private wealth clients. The expanding client base
requires more real-time, transparent reporting capabilities," said
John Brennan, William Blair's head of Counseling. "Our
selection of Envestnet | Tamarac will enable us to provide our
financial advisors with cutting-edge technology solutions, tailored
to meet the diverse requirements of each and every client."
ABOUT ENVESTNET (NYSE: ENV)
Envestnet, Inc. (NYSE:
ENV) is a leading provider of unified wealth management technology
and services to investment advisors. Our open-architecture
platforms unify and fortify the wealth management process,
delivering unparalleled 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.
For more information on Tamarac, please visit: Envestnet |
Tamarac.
Media:
Laura
Simpson
Jennifer Connelly Public Relations
973-850-7329
lsimpson@jcprinc.com
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SOURCE Envestnet | Tamarac