Envestnet, an Adaptive WealthTech company, has announced a new document integration between Tamarac, the portfolio reporting, trading, rebalancing and customer relationship management platform for registered investment advisers, and Canoe Intelligence, a Bloomberg company and the intelligence infrastructure for alternative investments. The integration automates delivery of alternative investment tax documents, including K-1s and K-2s, directly into Tamarac’s Advisor Portal, where advisers can push them to their clients’ portals with a single step.
Alternative investments now sit alongside public holdings in nearly every wealth portfolio, but the paperwork behind them has not kept pace. K-1s and other fund documents typically arrive scattered across fund sponsor portals, emails and mail, forcing advisers to track them down, download them, and upload them manually before clients ever see them. Canoe already serves as the collection point for those documents. This integratio
