Company info:Top Executive: Stuart DePina
701 Fifth Avenue, 14th Floor
Seattle, WA 98104
RIA department info:Contact: Mathieu Stroh
- 200 FTEs
- Founded in 2000
Q&A:What is the service or product you offer to RIAs?
Tamarac provides institutional level technologies and outsourced portfolio management services to independent advisors – both breakaway and established.
Tamarac Advisor® is a web-based RIA platform that integrates: CRM, performance reporting, portfolio rebalancing, trading, customer portal and various thir party applications. Additionally, Tamarac provides outsourced portfolio management services, run by financial services professionals that know your business, giving you the most powerful technology and back-office outsourcing solution available.
- Tamarac has the unique perspective of consulting with thousands of advisors since its inception in 2000 to improve back-office efficiencies and successfully transition RIAs to a superior portfolio and customer management process.
- Tamarac is a true software-as-a-service (SaaS) company that offers a web-based solution built on ubiquitous technology, such as .NET and Microsoft SQL.
- Our solution is custodian agnostic and integrates with most portfolio accounting systems, as well as a wide variety of other best-in-class third party vendors.
- Tamarac’s clients range in size from less than $20MM in assets under management to over $20B.
- Tamarac’s offers a one-stop-shop for breakaway brokers with a fully integrated web-based suite complimented by an outsourced portfolio management offering run by investment professionals using best-in-class technology.
- Tamarac’s software and services are made by advisor for advisors.
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Envestnet struts upmarket stuff by signing a $1.5-billion, a $3.3-billion, a $2.3-billion and a $4-billion RIA to big technology dealsPost-Tamarac acquisition and bolstering, the Chicago-based king of SMAs to IBDs poached accounts from the likes of The Colony Group, Henssler Financial, Laird Norton, RegentAtlantic from legacy RIA providers
The Mutual Fund Store makes big moves: storming Manhattan, going big on Tamarac and quadrupling its disc jockey forceWith John Bunch in charge and Warburg Pincus capital in the tank, the $7.4 billion RIA is making an honest effort at creating a national mass-affluent firm
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|Putting their own capital -- and that of trusting others -- into their own edge-cutting ideas, these guys plow ahead with smiles on their faces|
|Sponsors that use an outgoing approach get tremendous client inflow|
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As it closes its $54-million purchase of Tamarac, Envestnet details plans to deploy $7 million worth of retention incentivesThe big outsourcer says it wants Tamarac's execs to stay aboard -- and not just for the a few months
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|The big Chicago outsourcer nabs the fast-riser in the RIA software business and one competitor says: "now what?"|
|Patrick Goshtigian, new president of EP Wealth Advisors has taken over back-office operations from its founders and is also heading up its expansion efforts|
|Forces changing the trajectory of the RIA movement|
The TD Ameritrade-Orion pairing again proves productive -- this time to wrest assets from a $3.6 billion Schwab RIAAs part of a barrage of big moves by Mercer Advisors, Tamarac gets superseded for rebalancing
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Volatile markets spark interest in rebalancing software - along with questions about how much is necessaryThe Wall Street Journal publishes an article looking at rebalancing's efficacy and tops execs at Tamarac and RedBlack offer thoughts
|Three days of conversations, recycled swag and ancillary events|
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AdventConnect Report: Black Diamond will sell rebalancing software and better reporting on alternative investmentsThe Advent Software division will still collaborate with RedBlack and iRebal but some RIAs will switch to the new Black Diamond offering
|The process was not without pitfalls, but the longterm gains outweighed the pain|
|The mega-Michigan-based RIA had hyper-specialized needs|
|Mary Hepler was hired on behalf of an unidentified private equity group to catch up to Advent, Tamarac, and PortfolioCenter in features and tech|
|The updated user interface was built on the same technology at Gmail and it shows|
|Sunit Bhalla is taking full advantage of Apple to make sure he stays a one-man shop|
One RIA's unvarnished views on Advent, Black Diamond, Tamarac, IAS, Orion and Schwab PortfolioCenter after an odyssey of test drivesBenjamin Baldwin is making the jump from PortfolioCenter to Orion after a brief affair, and lingering love, for Black Diamond
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Tamarac claims what was unthinkable two years ago -- that it is on the same playing field as iRebal for rebalancing softwareTamarac has made leaps, say iRebal loyalists, but it had a long way to go
|The company's grand technology plan will include a modular plan and a turnkey package|
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