What Is a TAMP? A Guide to Turnkey Asset Management Platforms and Top Providers

Seaview Team
Apr 1
3 min read

Updated: Jul 28

At Seaview Investment Managers, with over $2 billion in assets under management, we prioritize efficiency and client-focused solutions for both institutional and individual investors. A Turnkey Asset Management Platform (TAMP) is a powerful tool that helps financial advisors streamline operations and enhance client outcomes. This Smart Fact explains what TAMPs are, their benefits, and highlights top providers in 2025, empowering you to make informed decisions about your investment strategy.

What Is a TAMP?

A Turnkey Asset Management Platform is a technology-driven solution that allows financial advisors, broker-dealers, and firms like Seaview to outsource investment management tasks. TAMPs handle portfolio construction, trading, rebalancing, performance reporting, and back-office functions like billing and compliance. By delegating these tasks, advisors can focus on client relationships and business growth. TAMPs charge fees, typically 0.45% to 2.5% of assets under management (AUM), depending on services and complexity.

Key Services of TAMPs:

Portfolio Management: Constructing and rebalancing portfolios to align with client goals and risk tolerance.
Investment Research: Providing access to proprietary or third-party strategies, including mutual funds, ETFs, and separately managed accounts (SMAs).
Back-Office Support: Streamlining administrative tasks like account aggregation, billing, and compliance reporting.
Technology Integration: Offering dashboards, client portals, and tools for risk assessment and proposal generation.

Why TAMPs Matter

TAMPs save advisors an average of 9 hours per week, allowing more time for client engagement and prospecting. Research shows 97% of advisors who outsource to TAMPs are satisfied, with 75% reporting stronger client relationships and 95% enjoying better work-life balance. By leveraging TAMPs, firms reduce operational costs, limit liability for investment performance, and access sophisticated investment strategies without building in-house systems.

Benefits for Investors:

Efficiency: Advisors spend more time personalizing financial plans, enhancing your experience.
Access to Expertise: TAMPs provide professional research and diversified portfolios, aligning with your goals.
Transparency: Detailed reporting keeps you informed about performance and fees.
Cost Savings: Outsourcing eliminates the need for costly proprietary systems, potentially lowering client fees.

Considerations:

Cost: Fees can range from 50-100 basis points, impacting returns.
Reduced Control: Advisors relinquish some investment decision-making to the TAMP.
Fit: The TAMP’s investment philosophy must align with your advisor’s approach to avoid mismatches.

Top TAMP Providers in 2025

Several leading TAMPs stand out for their technology, services, and advisor support:

Envestnet: Offers a robust platform with extensive investment options, including SMAs and ETFs, and integrates with multiple custodians. Known for comprehensive reporting and scalability.
AssetMark: Combines user-friendly tools with personalized support, offering turnkey and custom portfolios. Ideal for advisors seeking high-net-worth solutions.
Orion Portfolio Solutions: Ranked #1 for technology in 2023, Orion provides a fully integrated platform with CRM, portfolio design, and behavioral finance tools.
GeoWealth: Features a modern tech stack and open-architecture platform, supporting equities, fixed income, and alternatives like structured notes.
SEI Investments: Specializes in outsourced investment management with strong back-office support, suitable for institutional and individual clients.

Seaview’s Perspective

At Seaview Investment Managers, we leverage TAMPs to enhance our ability to serve you, whether you’re an institutional client or an individual investor. By partnering with top-tier TAMPs, we streamline portfolio management, ensuring your investments align with your risk profile and long-term objectives. Our advisors focus on crafting personalized strategies while TAMPs handle the operational heavy lifting, delivering efficiency and results.

Take Action: Want to explore how TAMPs can optimize your investment experience? Contact Seaview Investment Managers to discuss how our tailored approach, powered by leading TAMPs, can help you achieve your financial goals.