Case Study: Spears Abacus Advisors achieves pinpoint performance insight and CRM consolidation with SS&C Advent's Advent Portfolio Exchange (APX)

Spears Abacus Advisors - Customer Case Study

Spears Abacus Advisors LLC, a registered investment advisor launched in 2007 out of the Abacus family office, needed a portfolio management engine to separate its proprietary family accounts from its SEC‑regulated RIA business, consolidate client contact data, and meet growing client requests for deeper performance analysis. A long‑time user of Advent’s Axys, the firm turned to SS&C Advent’s Advent Portfolio Exchange (APX) to address these challenges.

SS&C Advent implemented APX with built‑in performance analytics, integrated CRM and granular permissioning/security, enabling Spears Abacus to run attribution, contribution, exposure and ex‑post risk reports (the firm uses the S&P 500 as its benchmark). The solution let them pinpoint drivers of performance and quantify manager value‑add—examples include portfolio return 17.79% vs. benchmark 17.51% (active return 0.28%)—while consolidating client data, improving efficiency and earning very positive client feedback.

Spears Abacus Advisors

Robert Raich

President