What’s New: Reporting and Trading Updates Enhance Advisor Efficiency


Our Envestnet | Tamarac Reporting® and Trading® teams have been hard at work rolling out enhancements to our trading and reporting capabilities. For our February release, we’re excited to highlight the latest innovations that respond to the evolving needs of Registered Investment Advisors (RIAs) and, ultimately, the efficiency of your practice.

From Tamarac Reporting: Enhancements to Committed Capital and Bulk Reports

As we continue to expand your access to alternative investment strategies, we’ve enhanced our Committed Capital report. Here’s a look at what’s new:

Last Valuation Value Added as a New Column

Based on your feedback and the need to include the last valuation date for manual securities, you can add this information to the Committed Capital report. When you move the Last Valuation Value to the Selected columns field, you will also be able to incorporate a custom-formatted name.

Recallable Distributions Added

Based on your feedback, we learned that you wanted the flexibility to include additional options on the Committed Capital report. In this release, we’re adding Recallable Distributions as an option. You can see this change when you create or update all instances of the Committed Capital report.

Vintage Year Added to Available Group by Options

We know it’s essential for you to have an organized view of the details on the Committed Capital report. With this release, we’ve included the ability for you to group the Committed Capital report by Vintage Year.

On our Bulk Reports, here’s a look at what’s new:

New Column with Financial Instrument Global Identifier Added to 13F Bulk Report

Due to the recent SEC 13F report format change, we’ve added a column for the Financial Instrument Global Identifier with the header FIGI. This column is required when you submit your 13F report using the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) site. To ensure your report contains all the required data, you will need to add this column to your 13F bulk report template before submission.

From Tamarac Trading: Rebalanced Summary Report Updates

Here’s a look at what’s new from Tamarac Trading:

New Spreadsheet View Option

In our continuing efforts to improve the trade review experience for RIAs, we’ve updated the Rebalance Summary report to include a new Spreadsheet View option. This enhanced view allows you to review your accounts in a consolidated format, creating efficiencies in your trading workflow.

Previously, advisors used two main reports to review trades and their impact on an account or group: the Rebalance Summary and Trade Summary reports. The Rebalance Summary holistically showed initial and post-rebalance data, while the Trade Summary showed this information focused on the individual trades.

With the introduction of the new Spreadsheet View, you will find a view similar to the Trade Summary now incorporated into the Rebalance Summary. Within this view you can take the follow actions:

  • Review and edit trades grouped by any Category or level of your model
  • Create Quick Trades
  • Trade in $ or share amounts for Equities and ETFs
  • Select individual lots to trade
  • View rebalance messages
  • Place Trades on Hold
  • And much more

Learn More

At Envestnet | Tamarac, we are vested in helping you address the key challenges you face as you evolve and grow your business. Learn how our robust reporting and trading solutions can help you deliver the customized performance tools and resources you need. Visit https://www.envestnet.com/rias or connect with us at RIASales@envestnet.com.