Exploring the TAMPs Landscape

In the ever-evolving landscape of finance, advisors seek to be at the forefront of technological developments to gain competitive advantage and stay ahead in the race. The Turnkey Asset Management Platform (TAMP) is one such technological marvel that helps financial advisors outsource investment management services to focus on building and maintaining client relationships. TAMPs provide one-stop investment management solutions to assist financial advisors in performance reporting, portfolio construction, investment research, and outsourcing the management of client investments.

TAMPs have been in existence over the past three decades; however, they significantly grew in the last decade with assets on TAMPs exploding in recent years, highlighting the fact that financial advisors prioritize building client relations over managing portfolios. The TAMP landscape showcases transformative trends, characterized by the rapid growth and expansion of small players in the industry, robust merger and acquisition market followed by years of consolidation, shift toward model portfolios, and evolving client expectations.