Regal Financial Group Selects Envestnet | Tamarac Solutions' Portfolio Management Reporting and Trading Software

  • Infrastructure
  • 19.02.2016 10:45 am

 Regal Financial Group has implemented portfolio management reporting and trading software from Envestnet | Tamarac's web-based Advisor® Xi platform for independent RIAs ( Advisor View™ and Advisor Rebalancing® have produced operational efficiencies and seamless integrations across the firm's RIA and broker-dealer, enabling its advisors to strengthen client relationships and grow their practices over the long term.

"We are glad to partner with Regal to provide its advisors with reliable and scalable technology solutions that position them to deliver better outcomes for clients," said Stuart DePina, Group President of Envestnet | Tamarac. "Our integrated applications work together to help advisors facilitate dramatic gains in client satisfaction and overall profitability. We look forward to working with the advisors at Regal to innovate their practices and make it possible for them to experience these benefits."

Kentwood, MI-based Regal Financial Group ( is a full-service financial advisory and wealth management firm specializing in retirement planning, investment management, and multi-generational planning. The firm consists of Regal Investment Advisors, an RIA with approximately $850 million in assets under management and 8,000 client accounts, and Regulus Advisors, a broker-dealer managing about $850 billion in assets. Regal Financial Group is home to 130 financial advisors with designations such as Certified Financial Planner, Chartered Financial Consultant, and Chartered Life Underwriter, as well as 20 registered assistants and 27 home office staff members.  

Advisor View provides all of Regal's advisors with personal dashboards, a wide variety of customizable PDF reports, and powerful billing features, as well as an online client portal for secure communications and document exchanges. Advisor Rebalancing enables the firm's advisors to monitor and trade across thousands of accounts and households in minutes using advanced model portfolio management, rebalancing, trading, monitoring, real-time pricing, and post-trade reconciliation capabilities. Regal's advisors can also access real-time account data directly from the Schwab OpenView Gateway™, Pershing NetX360®, and Fidelity WealthCentral® custodial channels through Advisor Rebalancing.   

"Advisor View and Advisor Rebalancing, as well as the ongoing support we receive from Tamarac, will dramatically enhance our engagement with clients—to the point where we can quickly establish a holistic view of a client's wealth, and communicate it whenever and however the client prefers," said John Kailunas II, Founder and Chief Executive Officer of Regal Financial Group and Regal Investment Advisors. "Tamarac's scale enables us to provide customized solutions for each of our advisors, and build a business model that can accommodate many more independent, client-focused advisors."

"Regal shares Tamarac's dedication to fostering long-term growth for advisory practices," continues Mr. Kailunas. "For example, one Regal advisor has increased his practice's total assets under management from $18 million to $70 million since joining the firm two years ago. Our relationship with Tamarac heightens our ability to help advisors grow their practices and improve client outcomes."

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