Envestnet and eMoney have shaken on a deal to facilitate the sharing of data and other financial information and provide a more holistic wealth management service to their respective clients.

Envestnet | Tamarac has linked up with eMoney Advisor, allowing advisors using both firms to view account data from the former firm within the latter’s platform. Advisors will also be able to import that data into reports and financial plans created in eMoney. 

The integration means account information, holdings and transactions from Envestnet | Tamarac can be pulled daily directly from Advisor View into eMoney's emX wealth management platform. The data is then incorporated into reports and financial plans in eMoney.

“We will continue to work with eMoney and our other financial planning partners to seamlessly deliver data to and from the Tamarac system, which will further bring together account management and financial planning for advisors,” said Stuart DePina, group president at Envestnet | Tamarac.

“Joining forces with Tamarac will help our mutual advisors further enhance the wealth management experience for their clients," added Ed O'Brien, chief executive at eMoney Advisor. “A holistic perspective of clients' accounts and wealth is essential for creating collaborative client relationships, and we will work with Envestnet | Tamarac to establish deeper connections through our technology systems.”