BERWYN, PA — Envestnet (NYSE: ENV) rolled out its fourth-quarter platform technology updates for the Envestnet | Tamarac platform, introducing workflow, reporting, and data-management enhancements aimed at helping registered investment advisors scale more efficiently while reducing operational risk.
The Q4 Tamarac release arrives as RIAs face tighter margins, rising client expectations, and growing regulatory complexity. Envestnet said the updates are designed to remove friction from daily operations, particularly in trading, reporting, data management, and security, without limiting the flexibility firms need to differentiate their practices.
“RIAs are being asked to do more for clients with the same, or fewer, resources,” said Chris Todd, chief executive officer of Envestnet. He said the latest release reflects continued investment in the Tamarac platform to help advisors save time, improve consistency, and operate with greater confidence as their firms grow.
A central feature of the update is a modernized Trade Review experience built for firms overseeing increasingly complex portfolios across hundreds or thousands of accounts. The redesigned interface delivers faster processing, a more compact default view that surfaces additional data, enhanced column filtering, and support for up to 1,000 accounts per page, allowing advisors and operations teams to execute strategies across large books of business with less manual effort.
On the reporting side, Envestnet introduced Report Studio, an evolution of its existing Report Builder. The new tool adds pie chart visuals, expanded performance attribution and benchmark contribution data, improved options reporting, and deeper access to holdings and security-level details. New permission controls are intended to provide stronger oversight as advisory teams expand, while faster report creation is expected to streamline client review preparation.
Data management and client experience improvements were another focus of the release. Envestnet launched Selective Sync, which allows firms to update individual accounts without triggering firm-wide data refreshes. The company said the feature can reduce processing time and disruption by up to 75%, enabling advisors to continue using the client portal and most reports during sync activity.
“Our Selective Sync feature allows us to meaningfully improve our clients’ experience through faster operations, modernized infrastructure, and significant reductions in processing times,” said Sean Meighan, head of RIA distribution at Envestnet.
Client-facing enhancements include mobile-optimized reporting for capital flows, performance, activity, documents, and gain and loss views, along with new reporting controls that allow firms to classify expenses, aggregate SMA holdings, and display custom disclosures within dashboards. Envestnet said additional zero-downtime capabilities, in-app notifications, and faster reconciliation processes are planned for 2026.
Meighan said the updates are intended to help RIAs operate at enterprise scale while preserving personalization. He said the firm’s focus remains on technology that reduces risk, supports growth, and allows advisors to spend more time with clients rather than managing systems.
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