Victor Bonilla Joins Envestnet | Tamarac As VP of Strategic Relationships
17-Year Schwab Veteran will Focus on Developing Tamarac’s Custodial and Third Party Partnerships to Generate Greater Synergies and Mutual Clients
CHICAGO, IL – February 5, 2016 – Victor L. Bonilla has joined Envestnet | Tamarac as Vice President of Strategic Relationships. In this newly created position, Mr. Bonilla will enhance Tamarac’s partnerships with custodians and other third parties, by driving greater collaboration in the areas of training, integration, marketing and sales.
“Victor’s many years of experience working for a top custodian give him unique insight into how we can strengthen our strategic partnerships with a variety of third parties to increase awareness of our combined solutions,” said Stuart DePina, Group President of Envestnet | Tamarac. “We look forward to harnessing Victor’s extensive industry expertise and relationships to provide RIAs with a fully unified platform offering a wider selection of real-time data and innovative solutions.”
Mr. Bonilla previously worked at Charles Schwab & Co. for 17 years, most recently as a Senior Team Manager responsible for a group of technology and business operations consultants within Charles Schwab Advisor Services. He also served as a Senior Technology Consultant at Schwab, a role which required him to work with RIAs utilizing Charles Schwab Advisor Services to identify technology solutions they needed to compete and grow over the long term.
Tamarac has significant integration between their Advisor Xi platform and many custodial platforms, including Fidelity, Schwab, TD Ameritrade, Pershing and Raymond James. Mr. Bonilla will help Tamarac deepen its relationship with these partners, through formal training, co-marketing, support and sales programs.
“Tamarac’s capability to facilitate seamless integration with custodians and vendors is a key reason advisors can obtain scalable growth and better results for clients using Advisor Xi,” said Mr. Bonilla. “Tamarac works closely with these partners to provide the best solutions to RIAs and their clients through a single platform—and strengthening these relationships will enable advisors to do even more for clients within Advisor Xi.”
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.
Envestnet | Yodlee is a leading technology and applications platform powering dynamic, cloud-based innovation for digital financial services. More than 950 companies, including 12 of the 20 largest U.S. banks and hundreds of Internet services companies, subscribe to the Envestnet | Yodlee platform to power personalized financial apps and services for millions of consumers. Envestnet | Yodlee solutions help transform the speed and delivery of financial innovation, improve digital customer experiences, and deepen customer engagement.