Case Study: Boston Financial Management achieves streamlined IT and operations with SS&C Advent Outsourcing Services

Boston Financial Management - Customer Case Study

Boston Financial Management, a Boston-based wealth manager with $1.8 billion in AUM, was experiencing “conversion fatigue” after repeatedly changing systems and wanted a long-term platform plus outsourced operations and daily reconciliation. The firm selected SS&C Advent, migrating to Advent Outsourcing Services and adopting Advent Portfolio Exchange (APX), Moxy and Advent Revenue Center to consolidate portfolio management, trading, CRM, billing and back‑office services.

SS&C Advent delivered a hosted outsourcing solution with daily reconciliation, managed via a structured project methodology and simultaneous software upgrades; the conversion completed smoothly with reconciled data on day one and no negative client impact, enabling timely year‑end reporting. The move produced measurable benefits — single‑provider support, process enhancements from Advent’s data management team, increased operational efficiency, upgraded functionality and improved business continuity — allowing Boston Financial Management to focus on clients and investment performance.

Boston Financial Management

Charles Zambri

Chief Compliance Officer and Director of Client Service