Case Study: Kimery Wealth Management achieves a seamless transition to an independent RIA with integrated SMA/UMA access using SS&C Advent (Black Diamond & SMArtX)

Kimery Wealth Management : Breaking Away the SMArtX Way

Kimery Wealth Management is a Memphis-based independent RIA led by Kevin Kimery that serves about 100 households and manages $245 million in AUM. After becoming disenchanted with the wirehouse model and needing continued access to UMAs and SMAs, the firm selected SS&C Advent’s Black Diamond as its core wealth platform and leveraged the SMArtX integration to replicate its active management process.

By implementing SS&C Advent’s Black Diamond with SMArtX, Kimery Wealth achieved a smooth 2017 transition to an integrated technology suite that delivers institutional-quality SMA managers, alternative investments, and individual securities in a single brokerage account. The integration produced a seamless client experience—clients barely noticed the change—provided competitive pricing for SMAs and alternatives, and enabled the firm to operate independently while supporting its 100-household client base and $245M AUM.

Kimery Wealth Management

Kevin Kimery

President and CEO