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Fidelity Wealthscape Integration
You can make more informed decisions and streamline workflows by accessing data directly from Fidelity within Tamarac.
With this integration, you can:
See custodian account and cash balance values in Tamarac Reporting and Tamarac Trading.Make more informed portfolio rebalancing and trading decisions based on real-time custodial data without logging into multiple applications.
Start new forms in Fidelity through Tamarac Reporting.Use Tamarac data to start a digital account opening form in Fidelity.
See and Download Fidelity Statements, tax forms, and trade confirmations in the document vault.Use the Tamarac document vault to directly view and download Fidelity files.
Set custodian as the source for specific reports.Use data from the custodian in the following reports:
Submit trades directly to the custodian.With this integration, there's no need to download and then manually upload your trade files—Tamarac Trading will automatically upload them to the custodian for you.
Single Sign-On.With this integration, you can log in to Tamarac Trading directly from Fidelity Wealthscape. You will remain authenticated so it won't be necessary to reenter your user information each day.
To request the Fidelity Wealthscape Integration, initiate a Service Request through the Fidelity Service Center.
Service Menu > Service Center > Initiate Service Request (select master account) > User Access & Entitlements > Add or Modify Access
Inquiry Type: Third Party
Add Attachment: Fill out, sign, and attach the Firm Level Access for Integration Services for Tamarac. This form is also available under the Service menu—click Forms, then Forms Library, and you can search for the document by name.
Once you've completed the request and the integration has been activated, Fidelity will reach out to Tamarac to enable the integration for all products.
To start a new form for a client, they must be assigned to a Household with a valid address.
Filling out custodian forms is time-consuming, and it's easy to make mistakes that are difficult to fix. In order to improve accuracy of custodian form completion and streamline your processes, you can send client and Household information directly from Tamarac to Fidelity.
For requirements, steps, and more information about opening new accounts through Tamarac, see Start New Custodian Forms with Digital Account Opening.
If you're having trouble getting this feature to work, see Start New Forms Troubleshooting.
If your firm is activated for Fidelity integration, you can see Fidelity data directly on the Accounts page in the Custodian... columns.
For more information, see See Custodian Values on the Accounts Page.
With the Custodian Account Details report, you gain instant access to Fidelity account information, including phone numbers, addresses, account overview information, email addresses, and more.
To open the Custodian Account Details report:
On the Reports menu, under Custodian Reports, click Custodian Account Details.
In the Find Data For list, click the desired account.
The report appears on your screen.
With this integration, you gain instant access to Fidelity data that can be displayed in the Tamarac Reporting reports.
For details and information about how to see custodian data in Tamarac reports, see Set a Custodian as the Source of Data for a Report.
The Fidelity integration allows you to see and download statements, tax documents, and trade confirmations stored on the Fidelity servers in your Tamarac document vault.
For information on using the document vault to view custodian files, see See Custodian Files in the Document Vault.
Once activated for Fidelity integration, the new Tamarac option will appear under the Tools menu in Wealthscape. After authenticating for the first time, you will be able to sign in directly to Tamarac Trading by clicking on the Tamarac link.
To see account and cash balance data directly from Fidelity, follow these steps:
Update all of your Fidelity accounts to use the Fidelity custodian in the Account Configuration settings. Account and Cash Balance data will only be pulled for accounts where Fidelity is the assigned custodian.
On the Rebalance & Trade menu, click one of the following:
- Rebalance
- Directed Trades
- Rebalance Review
- Trade List
In the Actions list, click Retrieve Custodian Values.
After you click Continue, the values will appear in the Custodian Cash Difference, Custodian Net Cash, Custodian Value, Custodian Value Difference and Custodian Values Last Updated columns.
If you haven't added the columns to the page, click 
in the lower-right corner.
In the list of available columns, select the columns you want to include and then click >. You can press and hold CTRL to select multiple columns.
| Available Column | More Information |
|---|---|
| Custodian Cash Difference | Displays the value of Total Cash – Custodian Net Cash. |
| Custodian Net Cash | Displays the custodian's value for net cash in the account. |
| Custodian Value | Displays the custodian's value for the account. |
| Custodian Value Difference | Displays the value of Total Account Value – Custodian Value. |
| Custodian Values Last Updated | Displays the last time and date the custodian values were updated. |
When you're finished adding the columns, click Save.
With this integration, there's no need to download and then manually upload your trade files—Tamarac Trading will automatically upload them to Fidelity Wealthscape for you.
To submit trade files directly to Fidelity, follow these steps:
Create the trades as you do today.
Sign into Fidelity Wealthscape. You can click the Fidelity Wealthscape link at the top of the page to sign in. Your user will remain authenticated, so it's not necessary to reenter your user information each day.
On the Trade List page, select the accounts where you want to submit trades.
In the Actions list, click Trade Actions and then click Continue.
On the Trade Actions dialog, select the Send Fidelity trade files to Fidelity Wealthscape check box.
Tamarac Trading will submit the trades directly to Fidelity Wealthscape for all Fidelity trade files that are generated.