Envestnet | Tamarac Integrates with TD Ameritrade Institutional's Veo Platform

Advisors Utilizing Tamarac's RIA platform Advisor Xi can Access Real-Time Data , Alerts and Custodial Documents for Client Accounts Custodied at TD Ameritrade Institutional

Envestnet | Tamarac has implemented the first phase of integration between its web-based Advisor Xi suite for independent RIAs and the Veo custodial platform from TD Ameritrade Institutional. Advisors using Advisor Xi now have instant access to real-time account details, alerts, balances, and realized gains/losses for client accounts custodied at TD Ameritrade Institutional.

“The Advisor Xi platform dramatically reduces the time advisors spend on managing client accounts, and we are pleased to extend this efficiency to advisors that custody with TD Ameritrade Institutional,” said Stuart DePina, Group President of Envestnet | Tamarac. “We are continuing to enhance our integrations with custodians and other partners to offer as many advisors as possible the opportunity to better demonstrate the value they bring to their clients.”

The integration allows advisors to obtain real-time account and cash balances, addresses, beneficiaries, contacts, and other information from TD Ameritrade Institutional for the Custodian Account Details report in the Advisor View portfolio management application and client portal. Advisors can also access real-time account alerts and trade warnings directly from TD Ameritrade Institutional for inclusion in Advisor View’s Custodian Alerts report. In addition, advisors and their end clients can view real-time custodian cost basis data for realized gains from TD Ameritrade Institutional in Advisor View’s Realized Gains/Losses report.

“The integration between Advisor View and Veo enables us to make more informed portfolio management decisions, and communicate them to clients, in less time,” says Jonathan Jaranson, CFP, Partner at PrairieView Partners LLC. “In this way, Tamarac’s integrations with TD Ameritrade Institutional and other custodians are vital to strengthening our relationships with, and improving outcomes for, our clients.”

Later this year, Tamarac expects to complete additional integrations with the Veo platform to facilitate the straight-through processing of trades within the Advisor Rebalancing application—and give advisors the capability to make TD Ameritrade Institutional the data source for Holdings, Unrealized Gains/Losses, and Transactions reports in Advisor View. More Press Releases Schedule a Demo