Boston, December 14, 2021 – With the advent of advisory services, turnkey asset management programs became a staple in the managed account marketplace. Now, advisory services dominate. Many advisors manage their own client advisory portfolios, while broker-dealers seek more of an in-house advisory platform with less reliance on the TAMP marketplace. However, the pendulum is starting to swing back, and a new and different TAMP marketplace is emerging.
This report addresses how the TAMP marketplace has evolved from an accommodation provider to a broader and unbundled investment platform. It is based on over 20 in-depth interviews with TAMP providers, independent broker-dealers, bank broker-dealers, insurance broker-dealers, registered investment advisor firms, and advisors.
This 32-page Impact Report contains 15 figures and two tables. Clients of Aite-Novarica Group’s Wealth Management service can download this report and the corresponding charts.
This report mentions 3D/L Financial Group, Adhesion Wealth, Asset Dedication, AssetMark, Axxcess Wealth Management, Beacon Capital Management, Brookstone Capital Management, Buckingham Service Providers, Cardea Capital Advisors, Dynamic Advisor Solutions, Dynasty Financial Partners, Envestnet, EQIS, First Ascent Asset Management, Flexible Plan Investments, Frontier Asset Management, FusionIQ/IQvestment, Gemmer Asset Management, GeoWealth, Intelliflo, InvestCloud, LPL Financial, Matson Money, Morningstar Managed Portfolios, Orion/Brinker Capital, Pershing/Lockwood, Raymond James, Sawtooth Solutions, SEI, SMArtX Advisory Solutions, Sowell Management, USA Financial Exchange, Virtue Capital Management, and XY Investment Solutions.