10 largest TAMPs by assets in 2023
1. Envestnet
Total assets: $666 billion ($316 billion AUM; $350 billion AUA)
Website: www.envestnet.com
Custodians: Fidelity IWS, National Financial, Schwab, Pershing, TD Ameritrade, JPMorgan, RBC, First Clearing, Stern Agee and others
Type of products: Advisor-directed UMA/UMH, mutual fund wrap, ETF models, SMAs, model-only SMA, fund strategist portfolios