Case Study: Schechter Investment Advisors achieves holistic reporting and a transformed client experience with Black Diamond Wealth Platform

Schechter Investment Advisors - Customer Case Study

Schechter Investment Advisors, a third‑generation RIA based in Birmingham, MI managing $2 billion in AUM, needed a flexible, powerful performance reporting solution to cover clients’ entire portfolios and deliver a “wow” client experience. In 2018 they evaluated leading systems and selected the Black Diamond Wealth Platform for its data quality, custodial integrations, visuals and client portal.

By implementing the Black Diamond Wealth Platform, Schechter achieved tightly integrated custodial connectivity, robust reporting and data aggregation (including outside assets and private equity) that created a more holistic client view. The Black Diamond solution “completely changed their business”: client feedback replaced their pitch deck in prospect meetings, supported a new fee‑based reporting service for other firms and family offices, and helped enable Schechter’s growth from about $400M to $2B in AUM.

Schechter Investment Advisors

Aaron Hodari

Managing Director and Chief Investment Officer