As we bid farewell to 2024, it’s impossible not to reflect on a year that redefined what’s possible in wealth management technology. For SS&C’s Black Diamond® Wealth Platform, this was a year of delivering breakthroughs—enhancing advisor workflows, empowering clients, and cementing our leadership in a rapidly evolving industry.
From transforming how advisors interact with data to streamlining the client experience, our blogs captured the journey, celebrating milestones that mattered most to our clients and partners. Here’s a look at the standout stories of the year and how they shaped the future of wealth management.
Delivering Wealth: The Heartbeat of Financial Services
To start the year, we explored how personalized service and innovative tools, like Black Diamond’s Advisor Mobile App, help advisors stay connected to clients anytime, anywhere.
With seamless integrations across platforms like Salentica® and Innovest®, we made strides in ensuring advisors had real-time access to the data and insights they needed to make informed decisions. The message was clear: when advisors are empowered, clients benefit.
Enhanced Client Conversations | Explore Black Diamond’s Reporting Flexibility Initiative
In 2024, Advanced Groupings sparked significant buzz as a new Black Diamond feature, enabling advisors to customize reporting structures that address unique firm and client needs. With a 90% adoption rate, Advanced Groupings empowered firms to streamline workflows, eliminate manual interventions, and deliver custom insights to clients.
Advisors made it clear: this wasn’t just a tool; it was a game-changer. As one Fall webinar attendee put it, Advanced Groupings “redefined what personalization means for reporting.”
From Idea to Investment | Generating Impactful Investment Proposals
2024 also saw the debut of Proposal Generation, a revolutionary feature designed to streamline one of the most critical steps in the client lifecycle. This intuitive tool allowed advisors to easily craft custom proposals, ensuring alignment with client goals and regulatory requirements.
The blog post highlighted how Proposal Generation isn’t just a feature—it’s a strategy enabler, helping advisors win new business and strengthen existing relationships. This innovation underscored our commitment to simplifying the complex while delivering measurable results.
Revolutionizing Investor Onboarding for Wealth Management
First impressions matter, and our focus on transforming investor onboarding proved just that. In 2024, enhancements to Black Diamond’s onboarding workflows provided advisors with faster, more intuitive ways to bring new clients on board.
This blog post on investor onboarding emphasized that efficiency isn’t just about speed—it’s about creating a seamless, welcoming experience that sets the tone for long-term relationships. By reducing administrative bottlenecks and leveraging automation, we help advisors focus on what they do best: building trust and delivering value.
The Power of a Net Worth Statement
Finally, our exploration of net worth statements reminded readers of the timeless value of clear, concise client reporting. In an age of digital transformation, this post demonstrated how a simple, well-constructed net worth statement can cut through the noise and anchor client conversations in what truly matters.
With Black Diamond’s enhanced reporting capabilities, advisors are able to deliver these foundational tools with greater precision and clarity, reinforcing their role as trusted stewards of client wealth.
A Year of Progress, A Future of Possibilities
2024 was a year where innovation met execution, and every blog post reflected a step forward in Black Diamond’s mission to empower wealth managers and clients alike. From record-breaking engagement in webinars to the launch of transformative features, the themes of integration, personalization, and efficiency ran through everything we achieved.
As we look to 2025, our team remains committed to shaping the future of wealth management. With exciting launches on the horizon—like the Manager Asset Strategy reporting feature—we’re not just keeping pace with industry demands but setting the standard for what’s next.
Here’s to another year of innovation, collaboration, and success. We are grateful for our client’s continued support, and together, let’s continue to define the future of wealth management.
To learn how the SS&C Black Diamond Wealth Platform can support your unique wealth management firm, request your personal demo, call 1-800-727-0605, or email info@advent.com.
