The top 4 benefits of CRM software for financial advisors

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Client relationships are the single most valuable asset of an advisory firm. They give the firm a sense of purpose and direction and without them, the business would cease to exist. In today’s ultra-competitive financial landscape, firms that develop and strengthen their client relationships will be the winners.

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Posted in Technology

Black Diamond momentum key to SS&C Advent’s next chapter

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As I take on a broader role at SS&C Advent and look more deeply at the solutions our Advisory clients use and enjoy, I recognize the gem we have in the Black Diamond wealth platform. We will continue to direct investment, time and people towards this growing platform. Today, Black Diamond serves more than 1,000 firms who advise on more than $600 billion in assets. I know that how well our team operates has a direct correlation to the service our clients provide to their clients. This is a privilege that every team member takes seriously every single day they walk into the office.

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Posted in Black Diamond Performance Reporting, Wealth Management and Financial Planning

Wealth Management Today: Client relationships take center stage

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The wealth management industry in North America is undergoing a significant transformation. New options such as robo-advisors, increased scrutiny of fees, and evolving compliance requirements are among the many drivers of this change. Financial advisors and their firms need to manage greater complexity in an increasingly fast-paced environment while containing operational costs. But, with change comes opportunity for firms able to quickly adapt to new realities. The successful advisors will deliver exceptional value to their existing clients and attract prospects, while also increasing operational efficiency. Ultimately, the value of advisor-client relationships will determine market value of the entire firm.

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Posted in Wealth Management and Financial Planning

Not all reconciliation is created equal

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Outsourcing technology has increased in popularity across the investment management community. Over the past few years, however, we’ve seen many of our clients looking to gain efficiency by outsourcing some of their back-office activity as well.

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Posted in Technology, Traditional and Alternative Asset Management, Wealth Management and Financial Planning

Portfolio Solutions – Service excellence backed by technology

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Portfolio Solutions® is next in our series of profiles of Black Diamond® wealth platform clients who are building dynamic, growth-oriented businesses. Portfolio Solutions®, located near Detroit, Michigan, is rounding out its second decade in business on an upswing. Founded in 1999, Portfolio Solutions® has a team of 17 serving over 600 clients and representing almost $1.5 billion* in assets under management across 1,300 portfolios.

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Posted in Black Diamond Performance Reporting, Technology, Wealth Management and Financial Planning


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