Sharesight vs Tamarac
Sharesight
sharesight.comTamarac
envestnet.comSide by side
| Figure | Sharesight | Tamarac |
|---|---|---|
| Price from | $7/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 13 | 1 |
| Spec score · Portfolio Management Software | 9.0 (#2) | 8.1 (#23) |
| Allocation analysis | Yes | Yes |
| Asset class coverage | multi_asset_alternatives | multi_asset_alternatives |
| Audience | Sharesight says its tracker is designed for first-time investors, experts and enterprises in more than 150 countries. | The product page describes Tamarac as serving independent registered investment advisors (RIAs). |
| Founded | 2006 | 2000 |
| Headquarters | Wellington, New Zealand and Sydney, Australia | Seattle, Washington, USA |
| Performance reporting | Yes | Yes |
| Product | Sharesight is an online portfolio and dividend tracker that automatically tracks price, performance and dividends across 700,000+ global stocks, crypto, ETFs and funds. | Envestnet Tamarac offers trading, reporting, billing, and CRM tools for wealth management practices. |
| Risk analysis | Yes | Yes |
| Security | Sharesight states that it is SOC 2 and GDPR compliant and offers two-factor authentication. | Envestnet says it uses transmission encryption, firewall barriers, and authentication procedures to help protect online sessions and accounts from unauthorized access. |
| Support | Free includes basic email support, Starter and Standard include standard email support, and Premium includes priority support. | Envestnet directs Tamarac users to its Support & Training Center for product documentation and release information. |
| Tax-lot tracking | Yes | Yes |
Plans
Sharesight
- FreeFree
- Starter$7 a month
- Standard$18 a month
- Premium$23.25 a month
- Business (5-19 portfolios)$13.50 a month
- Business (20-49 portfolios)$12 a month
- Business (50-99 portfolios)$10.50 a month
- Business$13.50 a month
- Business (100+ portfolios)$9.20 a month
- Business 100+ portfolios$9.20 a month
In their own words
Sharesight
Sharesight is an online portfolio and dividend tracker for following investment prices, performance, and income. It supports stocks, ETFs, funds, dividends, precious metals, and unlisted investments; users can also add cash accounts and property. Trades can be imported from more than 200 global brokers, while dividends, reinvestment plans, and share splits are updated automatically. Reports cover performance, trades, diversity, exposure, taxable income, and risk analysis, with options varying by plan. The free plan allows one portfolio, 10 holdings including closed holdings, and one custom group. Paid plans start at $7 a month billed annually; Business includes a 14-day free trial. Sharesight is available on Android, iOS, web, and API, and the mobile app is free to use. However, adding or editing trades and generating reports require the desktop platform. Sharesight is a tracking and reporting service, not a bank, broker, or trading platform, so it cannot be used to deposit, hold, transfer, or withdraw money or securities.
Tamarac
Tamarac is paid wealth-management software from Tamarac for independent registered investment advisors. Its tools cover trading, reporting, billing, and CRM work. Tamarac Trading supports portfolio rebalancing, tax-loss harvesting, model management, cash monitoring, and trading-only workflows. It can automate model portfolio construction and management, monitor trading triggers, execute trades through brokers, and reconcile prior-day trades. Tamarac Reporting provides portfolio analysis, flexible reporting, and billing capabilities. The client portal gives clients a customizable holistic view of their finances. Tamarac CRM is web-based and integrates with Tamarac Reporting and Trading, Microsoft 365, Outlook, and MoneyGuide. Listed analysis includes performance reporting, allocation analysis, risk analysis, and tax-lot tracking across multi-asset and alternative coverage. The product runs on Android, iOS, the web, and through an API. Pricing is paid and available on request. Its external API requires Envestnet Developer Portal credentials and an account-manager discussion.