Companies that use Envestnet Tamarac

Source: Analysis of 100 job postings that mention Envestnet Tamarac

I noticed that purchasing decisions for Envestnet Tamarac are driven primarily by operations leadership, with 19% of roles being Directors of Operations or similar titles. These leaders are focused on strategic priorities around data integrity, system integration during mergers and acquisitions, and technology optimization. The financial advisor roles (13%) suggest that practices are hiring advisors who need to work within existing Tamarac infrastructure, indicating the platform is a core operational requirement rather than a nice-to-have.

Day-to-day users span a wide range of practitioners. I found portfolio managers rebalancing accounts and monitoring portfolios, trading associates executing high volumes of trades across multiple custodians, client associates handling account opening and asset transfers, and wealth advisors presenting client reports. The platform supports the full lifecycle of investment management, from onboarding and data gathering to portfolio accounting, reconciliation, performance reporting, and client communications.

The pain points reveal companies are struggling with data integrity and system integration. One posting emphasizes the need to "oversee the daily setup, maintenance, and reconciliation of client and portfolio information across multiple platforms" and to "develop and execute periodic data scrubs to ensure the integrity of system information." Another seeks someone to "identify opportunities to automate manual processes," while a third mentions supporting "M&A integration activities." These firms want centralized administration, automated workflows, and seamless connections between Tamarac and their broader tech stack.

Source: Analysis of tech stacks from 296 companies that use Envestnet Tamarac

I noticed companies using Envestnet Tamarac are almost exclusively wealth management firms and registered investment advisors. The presence of eMoney, Black Diamond, and Addepar alongside Tamarac tells me these are sophisticated financial advisory practices that need multiple specialized tools to manage client portfolios, conduct financial planning, and report performance. This isn't consumer fintech. These companies are serving high-net-worth individuals and families with complex financial situations.

The pairing with eMoney makes perfect sense because Tamarac handles portfolio management and rebalancing while eMoney tackles comprehensive financial planning and client presentations. Together they cover the full advisory workflow from planning to execution. Black Diamond appearing in the stack is particularly interesting because it's also a portfolio management system, which suggests some firms either integrate both for different client segments or are in transition between platforms. Sharefile's strong correlation reflects the document-heavy, compliance-driven nature of wealth management where firms constantly exchange sensitive financial documents with clients securely.

The full stack reveals these are relationship-driven, sales-led organizations. Microsoft Dynamics for Sales appearing so frequently confirms they have formal CRM processes for managing wealthy client relationships and prospecting new ones. These aren't product-led growth companies experimenting with viral loops. They're established advisory practices, likely in growth or mature stages, that have invested heavily in their technology infrastructure to serve clients professionally and scale their operations efficiently.

Source: Analysis of Linkedin bios of 296 companies that use Envestnet Tamarac

I noticed that Envestnet Tamarac's typical customer is a wealth management or investment advisory firm, specifically Registered Investment Advisors (RIAs). These aren't product companies or SaaS businesses. They manage money for high net worth individuals, families, and institutions. They build customized investment portfolios, provide financial planning services, and often coordinate with clients' CPAs, estate attorneys, and other professionals to take a holistic view of their clients' financial lives.

These are mature, established businesses. The employee counts cluster heavily in the 2-50 range, with most having 11-50 employees. Many mention decades of experience, with firms founded in the 1980s, 1990s, or early 2000s. They report managing hundreds of millions to billions in assets under management. There's no venture funding, no growth stage metrics. These are profitable, stable businesses serving existing client bases rather than chasing rapid expansion.