Short answer
An Envestnet integration connects Envestnet's wealth platform, including Tamarac portfolio reporting and rebalancing, with Salesforce Financial Services Cloud, so advisors see accounts, households and performance next to the client relationship.
How the Envestnet and Tamarac integration works
Envestnet provides portfolio management, reporting, rebalancing and financial planning tools to advisors. Tamarac, part of Envestnet, has its own CRM history, so many firms move CRM work to Salesforce while keeping Tamarac or Envestnet for portfolio data. The integration aligns households and accounts and surfaces performance in FSC.
What syncs
- Households and accounts
- AUM, holdings and performance
- Planning status where available
See the architecture diagram ↓
Integration options
- Envestnet and Tamarac data feeds into FSC
- Middleware or a wealth data aggregator
- Scheduled daily loads
What to plan for
- Household structures that differ between systems
- Legacy Tamarac CRM history
- Licensing and data access agreements
Frequently asked questions
Can we keep Tamarac and move CRM to Salesforce?
Yes. Many firms keep Tamarac for portfolio reporting and use FSC as the CRM, connected by a data feed.
How often does Envestnet data update?
Usually daily, based on the platform's file or API schedule.