Introducing the Tamarac Report Builder in Tamarac Reporting
In 2024 we made a number of enhancements to the Tamarac platform – and we capped off the year with an exciting addition: The Tamarac Report Builder. This powerful tool is designed to elevate the way you analyze your investment data.
With Report Builder, you can build reports the way you’ve always wanted to – with more flexibility, pulling the right data from the right place, customizing it, and displaying it intuitively. In this initial beta version of the tool, users can seamlessly combine holdings and performance data into a single, comprehensive table. This is only the beginning, as we’ll continue to add additional features over the next several months.
Key features of Tamarac Report Builder
Drag-and-drop interface
Add modules to a reporting section via a drag-and-drop interface. Once users add them, they can easily reposition the modules.
Live data preview
View live client data as you build and customize reports, ensuring an accurate view of report content. This allows users to see how the report will appear before confirming.
Unified data integration
Pull data from across the platform, regardless of whether it’s performance or holdings. Combine both in the same table to remove previous silos and enable integrated analysis.
Enhanced PDF customization
Choose PDF output with complete control over page space, minimizing white space. Apply themes, add headers and footers, and configure column widths for precise reporting.
Template of templates
Supplement existing PDFs with new custom reports created through the Report Builder Beta. Link your custom report to pre-configured templates using Templates of Templates.
Other enhancements in Tamarac Reporting
View zero platform fee portfolios for UMAs with RIA Marketplace
Firms using Tamarac’s Unified Managed Accounts (TUMA) integration can select products in Envestnet’s Research Center when choosing investments for UMAs. And with this release, we’ve provided a direct link to Envestnet’s Research Center with the new RIA Marketplace saved layout where users can view zero platform fee Fund Strategist Portfolios (FSPs) managed by select Envestnet partner managers.
Envestnet’s RIA Marketplace is designed to help advisors expand their investment capabilities and gain access to additional money manager expertise for personalized portfolio management that aligns with clients’ evolving financial goals and expectations.
Set PDF disclosure options
Disclosures in PDF reports are critical for protecting your organization and setting your clients' expectations. To help ensure disclosures are included in PDFs and assist you with branding and compliance, this new release allows users to designate a mandatory, firm-approved cover page and disclosure page for all PDF reports.
Tamarac Trading enhancements
New Setting: Trading Security Type
We’ve made it easy for users to view and configure the Trading Security Type for each security to enhance transparency and help ensure accurate trade order routing. Previously hidden, this setting is now visible and adjustable for both new and existing securities.
Each security is automatically assigned a default Trading Security Type based on its Reporting Security Type. These types include Equity, Exchange Traded Fund, Mutual Fund, Other (such as Fixed Income or Options), Cash, and Envestnet Managed securities.
Enhanced trader note capabilities in the Order Blotter
New features in the Order Blotter page help fixed income traders manage orders more efficiently. With our latest release, traders can:
- Create and manage multiple notes for each bond order
- Use the search function to filter by text in the notes
- Make changes to or delete existing notes
- Export the bond order and all of its trader notes to CSV
Support for Altruist equity and mutual fund trading
Those with holdings at Altruist can now send CSV files to Altruist to reduce manual data entry and save valuable time. We've also added two new trade files: Altruist Equity and Altruist Mutual Fund. These trade files can be enabled on the Rebalancing System Settings page under Trade File Settings, and then selected in the account settings for each account.
Tamarac CRM enhancements: New Schwab workflow tools
Submit service requests from Tamarac CRM to Schwab
Schwab service requests enables advisors to securely send forms, applications, and other documents to Schwab for processing. To help reduce errors, improve processing time, and ensure that clients get the service they deserve, advisors can now submit Schwab service requests directly from Tamarac CRM.
See Schwab alerts and statuses in Tamarac CRM
Schwab alerts and statuses in Schwab Advisor Center help advisors monitor account transfer requests, client deposits and withdrawals, digital account opening and more. With this new release, advisors can view alerts and statuses directly in Tamarac CRM.
Single sign-on into Schwab Move Money
Schwab’s Move Money tool streamlines the processing of internal transfers, ACH transactions, wires, and checks by letting clients approve transactions in minutes on their digital devices. With this release, users can launch directly from Tamarac CRM into the Move Money page in Schwab Advisor Center.
Other enhancements in Tamarac CRM
Smarter scheduling for tasks and phone calls created by Power Automate Flows
Power Automate flows can now automatically reschedule recurring tasks and phone calls that would fall on weekends. Instead of scheduling on Saturday or Sunday, these activities will be postponed to the following Monday.
Automatically track outgoing emails
Before, users could manually link outgoing emails from Outlook/Exchange to a Lead or Contact record. But with our new email tracking feature, emails can be automatically linked. When the address for an outgoing email matches a record's contact information, the email is automatically added to the record's Timeline and Related Activities to help accurately capture the communication history.
Learn more about all the new reporting, trading, and CRM enhancements in our Tamarac Support & Training Center.
Chart a path to growth in 2025
We’ve got a lot more planned for this new year, and we looking forward to sharing new features and enhancements to help you streamline your work, delight your clients, and take your business to new heights.
Visit www.envestnet.com/rias or email us at RIASales@envestnet.com to learn more.
