Envestnet | Tamarac, a division of Envestnet, Inc. (NYSE: ENV), is a leading provider of integrated, web-based portfolio rebalancing, performance reporting and customer relationship management software for independent advisors and wealth managers. Envestnet | Tamarac enables investment advisors to run their businesses with greater efficiency, scale and profitability through our custodian agnostic technology platform and outsourced portfolio management services.
Tamarac serves over 800 RIA firms, collectively managing more than $500 billion in assets. Investment advisors that use Tamarac's solution range in size from managing less than $10 million in assets to over $10 billion.
Tamarac was founded in 2000 and is headquartered in Seattle, WA.
Hear from our clients
Mark Choate /on Tamarac
Partner - Malaga Cove Capital
Founded in 1999, Envestnet began with an idea that would revolutionize the services that financial advisors provide to their clients.
Today, our capabilities are unparalleled, merging the expertise of top investment managers, a broad range of fee-based investment products, and an array of enhanced financial technology, such as powerful analytic tools, dynamic reporting utilities, and other practice management applications. The Envestnet platform brings it all together via a proprietary unified technology platform.
Over the years, we have grown into one of the largest providers of wealth management solutions in the industry, with more than 1500 employees in our Chicago headquarters and offices in New York, NY; Boston, MA; Dallas, TX; Denver, CO; Raleigh, NC; Seattle, WA; St Louis, MO; Sunnyvale, CA; Tucson, AZ and Trivandrum, India.
The synergy between Envestnet and Portfolio Management Consultants (PMC), Envestnet's Portfolio Consulting Group, opens the door to a comprehensive suite of integrated investment solutions that can help professional investment advisors meet the needs of today's most demanding, most sophisticated clients.
As President Envestnet|Tamarac, Stuart DePina manages the long-term growth strategy of Tamarac. His balanced leadership is rooted in deep financial experience and the belief that a solid organization is built on customer focus, commitment and thoughtful business practices. DePina's professional history is distinguished by leadership roles in guiding firms through various stages of development including initial public offerings and acquisitions.
Most recently, DePina served as Chief Executive Officer for Who's Calling, a web-based application that uniquely measured online and traditional direct marketing performance, where he succeeded in doubling the company's revenue base and drove profitability. He served as president and Chief Executive Officer of xSides Corporation, a developer of trusted computing and digital rights management technology. He was Chief Financial Officer for Ticketmaster Corporation, Inc., and a partner in the Big 4 firm of KPMG LLP, where he provided consulting and assurance services to a number of clients in the firms' financial services practice.
Clive Matthew Springer, Managing Director
Matt Springer founded Tamarac in 2000 and currently serves as Managing Director.
Prior to bringing over 11 years of experience in the investment management business to Tamarac, Matt served as Director of Trading for Parametric Portfolio Associates. Under his leadership, his team developed automated separate account management software for taxable investors. He then worked directly with Fortune 100 financial institutions to establish distribution channels for the product.
At Parametric Portfolio Associates, Matt also managed over 1,200 taxable accounts valued at $1 billion as a portfolio manager, co-managed a $200B large cap Equity fund for Smith Barney, and he supervised the trade desk that was responsible for executing domestic and international trades for over $4 billion in assets under management.
Matt holds a B.A. in Economics from the University of Washington, a M.B.A. from Seattle University, and is a Chartered Financial Analyst.
Mathieu Stroh, Senior Vice President of Marketing
As Senior Vice President of Marketing, Mathieu Stroh is responsible for building Tamarac's overall market presence and fueling company growth objectives through measured marketing tactics. Overseeing all aspects of brand management, marketing communications, public relations, client marketing, research, and lead generation, Matt is directly accountable for establishing Tamarac as the leading Investment Strategy Management technology brand for advisors.
Prior to joining Tamarac, Stroh oversaw all aspects of marketing at Who's Calling Inc., a web-based application that uniquely measures online and traditional direct marketing performance, targeting marketers. During his tenure and under the leadership of Stuart DePina as CEO, the company enjoyed its two most profitable years, $57 million in gross revenue in 2005 and $78 million in 2006, and culminated into the successful sale of the company.
In addition to his recent five years at Who's Calling, Stroh managed marketing communications at Intel's eCommerce Online Services division, directed brand management at Go2Net.com and played a leadership role in adding computer hardware to Egghead Software's merchandising resulting in an incremental $75 million in annual gross revenue.
Stroh holds a B.S. in Psychology and Studio Art from Santa Clara University.
Brandon Rembe, Managing Director
Brandon Rembe has been with the company since 2003, running product development as the Chief Technology Officer at Tamarac, and now as the SVP of Product Development at Envestnet | Tamarac. During his tenure, Brandon worked in and managed many aspects of the business from development to sales. In addition to overseeing the continual development of the company's portfolio and client management platform, Advisor Xi, Brandon played a hands on role in building out Tamarac's first portfolio rebalancing application, Advisor Rebalancing. In his role, Brandon works closely with the growing technology product lines within the broader Envestnet offerings.
Andina Anderson, Managing Director
Andina Anderson has been in the financial industry since 1999. Prior to Tamarac, she worked for Ragen MacKenzie as an Institutional Equity Sales Trader. Andina has been with Tamarac since February of 2006 when she was brought in to lead client support. Her efforts have led to the creation of the client implementation process and the support structure for the company. Her contributions also include the design of a number of key Tamarac software features and input into a new user interface founded on client feedback. She has been instrumental in building Tamarac's Consulting services.
Anderson holds a B.A. with double concentration in Marketing and Finance from the University of Washington, a M.B.A. from the University of Adelaide (Australia), and is Vice President of the Seattle Security Trader's Association.
Chris Tarrach, Senior Vice President of Finance
Chris is responsible for the company wide management of a variety of functions including corporate finance, accounting, and contract management.
Prior to joining Tamarac, Chris was controller of Michael Cutler Company, a global agricultural company, where he oversaw a $60 million annual budget and maintained accounting for the company's seven unique subsidiaries. In 2003, he founded a proprietary hedge fund that utilized a bottom-up, concentrated value strategy to manage investments for 60 high net worth investors. In this role, he operated all aspects of the business including research, analysis, trade execution, marketing and compliance. From 1996 to 2003, Chris traded options on currencies, equities, and the S&P 500 for ROQ Capital, Bank of America, and Tague Securities.
Chris holds a B.S. in Economics with a double concentration in Finance and Strategic Management from the Wharton Undergraduate Business School of the University of Pennsylvania.
David Krueger, Senior Vice President of Information Systems
As Senior Vice President of Information Systems, David Krueger is responsible for the successful execution and growth of Tamarac's internal tools and client-facing SaaS information systems. His contributions include internal operations process improvement and the initial Tamarac SOC1 Type II audit.
Prior to joining Tamarac in 2010, David oversaw the global information technology team at Talisma Corporation, a SaaS based CRM platform. During his tenure at the organization, he led technical expansion efforts in Europe and India, which culminated in the successful sale of the company. In addition to his 10 years at Talisma, David led information technology teams at Zones, a leading technology solutions eCommerce company.