Side by side
Tamarac vs Xplan
Both stand on portfolio management software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Consider Tamarac if your RIA practice needs trading workflows alongside reporting, billing, and CRM functions. Its mobile and web platforms, client portal, and listed CRM integrations extend those capabilities. Contact Envestnet for pricing, and note that reporting integration for Tamarac Unified Managed Accounts is one-way.
Visit Tamarac
Xplan brings advice workflows, client records, modelling, portfolio tools, and compliance functions into a configurable platform. Prospective customers need to contact Iress for pricing and select packages to fit their requirements.
Visit XplanThe facts
| Tamarac | Xplan | |
|---|---|---|
| Free plan | Not published | Not published |
| Open source | Not published | Not published |
| Runs on | Android, API, iPhone, Web | Android, API, iPhone, Web |
| Lowest paid plan | Free or on request | Free or on request |
| Plans published | 1 | 1 |
| Maker | Tamarac | Xplan |
| Website | envestnet.com | iress.com |
| On portfolio management software | #23 of 81 | #27 of 81 |
Tamarac: what it does well
- Supports rebalancing, tax-loss harvesting, and model management.
- Automates model portfolio workflows and monitors trading triggers.
- Reporting includes portfolio analysis and billing capabilities.
- Client portal provides a customizable holistic financial view.
- CRM integrates with Reporting, Trading, Microsoft 365, Outlook, and MoneyGuide.
What to know first
- Pricing is on request.
- UMA reporting integration is one-way; changes must be made on Envestnet.
- External API documentation and credentials require portal credentials and account manager discussion.
Xplan: what it does well
- Supports workflows from onboarding to ongoing reviews.
- Portfolio tools cover construction, analysis, and maintenance.
- Compliance workflows and client-file audit trail are included.
- Integrates with over 450 third-party providers and vendors.
What to know first
- Pricing is available only on request.
- Standard integrations rely on client permission.
- Integration activation is at the discretion of the client and site administrator.
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