A Turnkey Asset Management Program (TAMP) is a technology platform that handles much of the investment and portfolio management administration that financial advisors, investment advisors, wealth managers, broker-dealers, insurance companies, banks, law firms, and CPA firms must oversee. By outsourcing those tasks to a TAMP, managers free themselves up to focus on their core competencies and being able to meet in person with clients. TAMPs allow people who specialize in particular tasks to focus on those tasks. This keeps managers from being spread too thin.
