Envestnet | Tamarac has implemented the first phase of integration between its web-based AdvisorÂ® Xi suite for independent RIAs and the VeoÂ® 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 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 Viewâ¢ 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.
Envestnet provides unified wealth management technology and services to investment advisors. Its solutions enable the transformation of wealth management into a transparent, independent, objective, and fully-aligned standard of care, and empower advisors to deliver better outcomes.