Case Study: Corrado Financial Group achieves streamlined operations and deeper client engagement with Envestnet | Tamarac

How an innovative wealth management firm revolutionized their business with integrated technology

Corrado Financial Group, a 35+-year wealth management firm with offices in New York, NY and Ramsey, NJ, faced time-consuming, error-prone manual workflows—cutting and pasting spreadsheets and converting balances to shares—while serving roughly 300 families. To modernize trading and reporting, Corrado partnered with Envestnet | Tamarac, implementing Tamarac Trading® in 2011 and later moving toward Tamarac Reporting® and Tamarac’s PortfolioCenter offering.

Envestnet | Tamarac delivered hands-on onboarding, in-person consulting, Tamarac University training, and a dedicated implementation team to run systems in tandem and reconcile discrepancies (e.g., unmanaged assets found during dry runs). The result was elimination of paper processes, streamlined workflows, fewer trade errors, cleaner client/account data, and enhanced client engagement via Tamarac’s Client Portal—positioning Corrado for a full transition and deeper reporting-driven relationships.

Corrado Financial Group

Herman Lentz

Chief Compliance Officer