Envestnet's Tamarac Integrates with Canoe Intelligence to Automate Alternative Investment Document Delivery
Envestnet has announced a new integration between its Tamarac platform and Canoe Intelligence, a Bloomberg company. The partnership aims to automate the delivery of alternative investment tax documents, such as K-1s and K-2s, directly into the Tamarac Advisor Portal. This eliminates the manual process where advisors previously had to collect scattered documents from various portals and emails. The integration allows registered investment advisors (RIAs) to push these private market documents to client portals with a single step via API. By centralizing both public and private holdings within one interface, the automation reduces administrative friction and provides clients with a unified view of their total portfolio.
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Topics: Alternative Investments Fintech Integration Tax Document Automation WealthTech