Case Study: Caldwell Sutter Capital achieves GIPS compliance and unified reporting with SS&C Advent's Black Diamond platform

Caldwell Sutter Capital - Customer Case Study

Caldwell Sutter Capital, a Sausalito-based hybrid broker-dealer/RIA with $647 million AUM, faced fragmented data and operational complexity after multiple acquisitions. The firm needed a reporting platform that could integrate feeds from its custodian (TD Ameritrade), clearing firm (Wedbush), trust IRAs and mutual fund arrangements to simplify back-office processes and meet GIPS requirements; they selected the Black Diamond Wealth Platform from SS&C Advent (implemented 2017).

SS&C Advent’s Black Diamond consolidated custodial and clearing feeds (including Wedbush), unified reporting and calculated returns to construct the composites needed for GIPS compliance, and provided a tightly integrated technology solution across the firm. The platform enabled Caldwell Sutter to become GIPS compliant, serve clients no matter where their assets are custodied, streamline legacy data cleanup with dedicated support, and gain a powerful differentiator when competing for new business.

Caldwell Sutter Capital

Chris Anderson

Chief Compliance Officer