Envestnet Deepens $1 Billion WealthTech Commitment, More Than Doubling Technology Investment in Tamarac

Envestnet. (2026, September 3). Envestnet deepens $1 billion wealthtech commitment, more than doubling technology investment in Tamarac [Press release]. https://envestnet.mediaroom.com/2026-09-03-ENVESTNET-DEEPENS-1-BILLION-WEALTHTECH-COMMITMENT,-MORE-THAN-DOUBLING-TECHNOLOGY-INVESTMENT-IN-TAMARAC

• Envestnet is increasing its technology investment in Tamarac, its platform built for RIAs, by 2.5x, described as a $35 million surge investment.

• The move accelerates the five-year, $1 billion research and development commitment Envestnet announced a year ago spanning trading, reporting, financial planning, portfolio management, and client engagement.

• Envestnet introduced Report Studio, a rebuilt reporting foundation giving advisors drag-and-drop control over tables, charts, and KPI modules, available to all advisors now.

• An AI-enabled Report Studio that lets advisors build client-ready reports and briefs by describing what they need is open for beta signup, with general availability planned for later this fall.

• Envestnet estimates that saving 55 minutes per report across a median book of 235 households equates to roughly 1,077 hours a year, about 52% of an advisor's working year.

• Custom Model Solutions have been deepened to include semi-liquid strategies, interval funds, and alternative ETFs delivered at scale through the UMA platform.

• A full MoneyGuide integration now brings planning data such as goals, risk profile, net worth, and held-away accounts into proposal workflows, IPS documentation, and client records.

Knote: Looks like Tamarac is going on the offensive after years of fighting something of a rear-guard action. It's the sort of thing I love to see.