SEATTLE, Nov. 13, 2012 /PRNewswire/ -- Envestnet | Tamarac™, a division of Envestnet, Inc. (NYSE: ENV), a leading provider of integrated web-based portfolio and client management software for independent advisors and wealth managers, has announced an expansion of its popular Tamarac University program to include an online option for RIAs covering its entire curriculum.

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More than 2,000 advisors have attended Tamarac University's two-day program, and several attend repeatedly, both to build expertise and to network with colleagues from other best-managed firms around the country. Classes typically take place in Seattle, or at the RIA firm's office. Now, advisors who want Tamarac training have a third option: Tamarac University Online allows advisors to engage in a self-paced training regimen with access to all the same content and resources as those attending classroom sessions in person. To keep pace with Tamarac's constant innovation, the curriculum is updated and enhanced every 60 days.

"Tamarac University is a comprehensive curriculum that provides advisors with real insights into mission-critical aspects of their business operations," said Stuart DePina, Group President, Envestnet | Tamarac. "Adding an online option makes our training program even more accessible to advisory firms of every size."

Tamarac University Online covers use of Tamarac's Advisor Rebalancing®, Advisor View™ and Advisor CRM® software in a series of short interactive videos. Each video is designed to assist advisors with implementing these software solutions to create basic and advanced models, set up allocation strategies, rebalance portfolio, automate loss harvesting strategies, execute directed trades, build custom reports and perform dozens of other important tasks.

"The curriculum has steadily evolved to the point where we are confident that it is readily understandable and accessible to first-time users, whether they attend an in-person session or access the information online," said DePina. "The introduction of Tamarac University's online offering presents a third option that advisors can leverage in learning how to more efficiently manage their operations."

Graduates of Tamarac University, whether in-person or online, can use the Tamarac Online Help and Training Center to refresh their knowledge of any part of the curriculum Advisors who study online always have the option of augmenting their knowledge by attending a classroom session.

ABOUT ENVESTNET (NYSE: ENV)
Envestnet, Inc. (NYSE: ENV) is a leading provider of technology-enabled wealth management solutions to investment advisors. Envestnet's Advisor Suite® software empowers advisors to better manage client outcomes and strengthen their practice. Envestnet offers advanced portfolio solutions through its Portfolio Management Consultants Group, Envestnet | PMC®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software. Envestnet | Prima provides institutional-quality research and due diligence on investment and fund managers. Envestnet | Vantage™ gives advisors an in-depth view of clients' investments, empowering them to give holistic, personalized advice.

For more information on Envestnet, please visit www.envestnet.com.  

Media    
Jami Schlicher, JCPR                                                 
(973) 850-7309                                                                      
jschlicher@jcprinc.com

SOURCE Envestnet, Inc.