Envestnet's shares are surging; it's getting Tamarac's 1,000-plus RIAs to invest more of their $1.2 trillion of assets in its managed accounts and MoneyGuidePro is succeeding as part of the Tamarac bundle

Brad highlights an issue with legacy TAMP/UMA technology that is not often talked about, the latent nature of their systems and trading and their lack of ability to keep up with today's fast moving markets. There is no reason that an advisor AND a third party asset manager shouldn't be able to trade in the same account in a fast moving market without issue, and that is exactly what they can do on SMArtX and with SMArtX UMA Technology. Our TAMP tech is the only tech available to provide real time trading, reconciliation, tax loss harvesting and reporting, all within true sleeves. Using old UMA/TAMP tech in a market that can move 10% in a day is like taking an old ship into a storm, you may get through, but it's going to be a pretty terrible ride. And I don't think these days are going to end here.