Case Study: Schechter Investment Advisors achieves transformative reporting and a “wow” client experience with SS&C Advent's Black Diamond Wealth Platform

Schechter Investment Advisors - Customer Case Study

Schechter Investment Advisors, a third‑generation RIA based in Birmingham, MI with $2 billion AUM, needed a flexible, client-facing performance reporting solution to cover entire portfolios and deliver a “wow” experience. After launching its RIA in 2014 and growing rapidly, Schechter selected the Black Diamond Wealth Platform from SS&C Advent (implemented in 2018) to provide tight custodial integration, robust data aggregation, and best‑in‑class client reporting.

SS&C Advent delivered an integrated Black Diamond solution that aggregates outside assets and private equity, provides a powerful client portal, and ties directly to the firm’s custodian. The platform gave Schechter a more holistic view of client holdings, transformed client meetings (they stopped using a traditional pitch deck), enabled new business development and a pilot fee‑based reporting service for other firms, and materially improved client clarity and engagement.

Schechter Investment Advisors

Aaron Hodari

Managing Director and Chief Investment Officer