Wealthech options supplier TAPP Engine has teamed up with wealth administration and monetary planning platform Envestnet.
Courtesy of the partnership, TAPP Engine will combine Envestnet’s ActivePassive ETF mannequin portfolios into its digital investing platform.
TAPP Engine made its Finovate debut at FinovateSpring 2025. Envestnet most not too long ago demoed its expertise at FinovateFall 2021 in New York.
Embedded wealthtech options supplier TAPP Engine will provide Envestnet’s ActivePassive ETF mannequin portfolios as a part of a brand new partnership introduced late final week. TAPP Engine will combine these portfolios into its digital investing platform to allow credit score unions and banks to supply a extra personalized, goals-based investing expertise to their members and prospects.
TAPP Engine at the moment gives self-directed brokerage accounts, goals-based automated investing, fractional share investing, commission-free fairness buying and selling, digital account opening and onboarding, single sign-on (SSO) integration with digital banking platforms, built-in custody and clearing providers, in addition to investor training and monetary wellness instruments and sources. Integrating Envestnet’s portfolios will present better personalization, improve the general digital investing expertise, and allow TAPP Engine to deliver modern wealth administration options to extra neighborhood monetary establishments.
“Our mission has at all times been to assist monetary establishments ship trendy digital wealth experiences that strengthen member relationships and help long-term monetary wellness,” President of TAPP Engine Securities and TAPP Engine Advisors Mark Guglielmo stated. “Working with Envestnet permits us to assist credit score unions and neighborhood banks ship a extra personalized, goals-based investing expertise that retains the member’s monetary journey related to the establishment they belief most.”
The partnership between Envestnet and TAPP Engine comes at a time of rising client expectations with regards to digital investing: specifically, that digital investing needs to be as easy and seamless as on-line banking. Making Envestnet’s ETF portfolios obtainable by means of TAPP Engine’s platform will allow neighborhood monetary establishments to ship the sort of personalized digital investing expertise that helps monetary wellness and drives long-term engagement.
Envestnet’s ActivePassive ETF portfolios are a hybrid funding product that mixes each lively and passive ETF administration methods right into a single portfolio framework. This framework consists of passive parts resembling low-cost, index-tracking ETFs to supply core market publicity together with lively parts within the type of actively managed ETFs that pursue outperformance through strategic choice and market timing. These portfolios are in style amongst many buyers as a result of they mix the steadiness and predictability of core holdings with the potential for outperformance and the flexibility to navigate market volatility.
“For many years, Envestnet has helped form how advisors take into consideration combining lively and passive investing to construct higher portfolios,” Group Head of Funding Administration at Envestnet Erik Preus stated. “This collaboration brings that funding self-discipline to TAPP Engine, giving credit score unions and neighborhood banks entry to institutional-quality ETF portfolios grounded in rigorous analysis and disciplined portfolio development. It displays our perception that subtle funding capabilities needs to be accessible to extra establishments and, in the end, to extra buyers.”
An alum of each Finovate and our developer convention, FinDEVr, Envestnet made its most up-to-date Finovate look at FinovateFall 2021 in New York. The corporate’s adaptive platform gives interconnected wealth administration and monetary planning options, in addition to entry to mannequin portfolios, tax administration, and high-net-worth consulting. Envestnet has $7 trillion in platform property and its expertise is utilized by greater than a 3rd of all monetary advisors throughout main banks, wealth managers, brokerages, and RIAs.
Based in 2021 and headquartered in Quincy, Massachusetts, TAPP Engine made its Finovate debut at FinovateSpring 2025. On the convention, the wealthtech agency demonstrated how its platform allows monetary establishments to embed trendy wealth options instantly into their choices. TAPP Engine’s turnkey microservices infrastructure options embody end-to-end wealth administration providers for investing, money administration, custody, and clearing. The corporate’s platform helps multi-custodian integrations throughout equities, ETFs, choices, and tokenized property. Tosin Osunsanya is Founder and CEO.
Photograph by Towfiqu barbhuiya on Unsplash
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