Case Study: Forbes Family Trust achieves scalable, unified reporting and streamlined alternative-asset tracking with SS&C Advent’s Black Diamond Wealth Platform

Forbes Family Trust - Customer Case Study

Forbes Family Trust is a multi‑family office managing $25 billion in assets with offices across the US and Europe. FFT sought a more efficient, scalable reporting system that could handle complex liquid and illiquid/alternative holdings and eliminate time‑consuming, manual report assembly. After evaluating leading platforms, Forbes Family Trust selected the Black Diamond Wealth Platform from SS&C Advent to meet those needs.

SS&C Advent implemented Black Diamond as a unified, cloud‑based solution with comprehensive custodian data feeds, an alternative investments upload feature, and outsourced data reconciliation. The result was a dramatic reduction in manual reporting work and faster, holistic reporting across illiquid and alternative assets, smoother onboarding of acquired firms, and greater scalability to support FFT’s growth — saving the firm “a tremendous amount of time” while supporting its $25 billion AUA.

Forbes Family Trust

Christopher Fagley

Chief Operating Officer