RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

SS&C buys Advent for the Geneva crown jewels so what happens to Black Diamond and Advent Axys?

The Windsor, Conn. software roll-up wants blue chip asset managers, opening the door for a spinoff of RIA software

Tuesday, February 3, 2015 – 12:33 AM by Brooke Southall
Admin:
no description available
Bill Stone: We think there's a tremendous opportunity to cross-sell.

Related Moves

Oisín's Bits: Wealthfront drops old mission statement, declares war on institutions and emphasizes banking future • Seeking Utah charter, Edward Jones may become largest bank in US by branch count • After Advent chief leaves, Black Diamond head steps up

Andy Rachleff cans the old 'democratizing' mission statement at his robo; The 14,200 one-man Ed Jones branches may become branch banks; Steve Leivent consolidates power at SS&C.

July 3, 2020 – 1:12 AM

Addepar hires Advent genius then launches 'Advent Converter' to court the RIAs still on Axys and APX ; PortfolioCenter 'easy button' comes next

The tactic by the Mountain View, Calif. firm and Advent co-founder and code avatar Steve Strand comes a decade after Orion, Black Diamond and Tamarac began feasting on the legacy corpses, but Addepar insists meat remains on the bone.

March 3, 2020 – 5:05 PM

Pete Giza and Damon Deru go for Holy Grail of portfolio rebalancing with software that shuffles stocks, bonds... and asset classes; Believe it?

The RedBlack and TradeWarrior executives see old systems as 'archaic' yet know that the Black Diamonds, Morningstars, Orions and Tamaracs see rebalancing as a loss leader

June 11, 2019 – 9:49 PM


Mentioned in this article:

SS&C Technologies
Trading/Rebalancing
Top Executive: Bill Stone

Technology Tools for Today
Consulting Firm
Top Executive: Joel Bruckenstein




Computer Support Fort Lauderdale

Computer Support Fort Lauderdale

September 18, 2015 — 7:02 PM

Wonderful website. A lot of useful info here. I am sending it to a few friends ans also sharing in delicious. And obviously, thanks for your sweat!

<b><a href="http://www.lgnetworksinc.com" rel="nofollow">Computer Support Fort Lauderdale</a></b>

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo