Case Study: AdvicePeriod achieves scalable, client-centric portfolio management and centralized reporting with Black Diamond Wealth Platform

AdvicePeriod - Customer Case Study

AdvicePeriod, a Los Angeles–headquartered, technology‑forward wealth management firm managing $3.5 billion in AUM with 30 advisors across 13 U.S. locations, set out to build a scalable, integrated platform that would let it grow by adding advisors while delivering client‑centric service. To meet that challenge the firm selected the Black Diamond Wealth Platform as its core performance reporting, portfolio management, and rebalancing solution.

Using the Black Diamond Wealth Platform (implemented in 2015) AdvicePeriod centralized reporting and portfolio management, gained a scalable, client‑centric rebalancer that handles capital‑gains avoidance, tax‑loss harvesting and ESG or legacy constraints, and integrated with CRM tools like SS&C Salentica Elements. Black Diamond became the only core technology AdvicePeriod retained, driving productivity and cost savings, supporting the firm’s growth and ongoing onboarding of new advisors while continuing to serve $3.5B AUM across its multi‑office business.

AdvicePeriod

Steve Lockshin

Founder and Chief Executive Officer