Case Study: Reby Advisors achieves streamlined, tax-efficient rebalancing and time savings with SS&C Advent's Black Diamond Rebalancer

Leveraging a Proactive and Robust Rebalancer

Reby Advisors, a fiduciary financial planning and investment management firm in Danbury, CT managing $400M across 600 households, needed a more efficient, scalable rebalancing tool. Though a long-time user of the Black Diamond Wealth Platform, Reby was hampered by a third‑party, stand‑alone rebalancer whose interface slowed advisors and often took longer than manual rebalancing. To maximize their Black Diamond investment, they sought a simpler, more proactive solution from SS&C Advent.

SS&C Advent implemented the Black Diamond Rebalancer as an in‑platform upgrade (added in 2019), delivering quick firm‑wide adoption and a straightforward setup supported by a responsive Rebalancer team. The solution produced time savings through tighter integration and automated workflows, enabled proactive outreach via dashboard alerts for rebalancing, excess cash and tax‑loss harvesting opportunities, and improved tax efficiency—making Black Diamond a one‑stop shop for Reby’s investment management.

Reby Advisors

Devone McLeod

Certified Financial Planner