Navigating the Morningstar Office Transition

With the imminent shutdown of Morningstar Office, many advisory firms are facing a crucial decision. For them, this isn’t a platform change; it’s a turning point. SS&C’s Black Diamond^® Wealth Platform offers a replacement that delivers a modern, future-ready solution designed to grow with your firm.

We’ve partnered with Morningstar to create a clear, guided path for Office users that provides strategic incentives, a seamless transition, and powerful tools that support long-term growth. If your firm is evaluating options, Black Diamond is the clear choice.

Exclusive Incentives and Significant Cost Savings

Transitioning to a new platform doesn’t have to come with growing pains or hidden costs. Thanks to our strategic alliance with Morningstar, firms that choose Black Diamond enjoy a compelling financial advantage:

• Exclusive Strategic Alliance Pricing for current Morningstar Office clients.
• 50% Off Platform Fees for the first 12 months when you sign by June 30, 2025.
• Five-Year Term Pricing Protection to ensure long-term cost stability.
• No Implementation or Data Conversion Fees, including full daily transaction and position conversion, household structures, and fee schedules.
• Waived ByAllAccounts Fees during the initial term.

• Included Access to Morningstar Direct Advisory Suite for firm-wide use.

• Optional Conversion from ByAllAccounts to Direct Custodial Feeds at no additional cost.
  
  

In addition, there are no dual-platform costs. Unlike other providers, during your implementation phase, you are only required to pay Black Diamond. These savings give your firm room to reinvest where it counts: technology, service, and growth.

Our exclusive pricing is just the beginning. When you choose Black Diamond, you’re not only saving money—you’re gaining a trusted partner committed to making your transition seamless. From full-historical data conversion to direct coordination with Morningstar, we handle the migration so you can stay focused on clients, not complexity.

Continuity with Morningstar, Plus New Advantages

Black Diamond is the only platform that has native integration with Morningstar’s Direct Advisory Suite. This means your firm retains access to trusted research and analytics while unlocking new capabilities:

• Advanced portfolio construction
• Enhanced performance reporting
• Streamlined investment workflows
  
  

The best part? Access is included for your entire firm so you can maintain consistency and expand your team's analytical capabilities without additional licensing costs.

Future-Ready for Growth

Black Diamond is continuously advancing to meet the needs of modern advisory firms. Through ongoing investment in innovation, scalability, and advisor-centric solutions, we enable your firm to scale with confidence, deliver exceptional client service, and stay ahead of industry expectations.

With Black Diamond, you’ll deliver:

• A modern, feature-rich client portal that gives clients secure access to their complete financial picture — anytime, anywhere
• Award-winning performance, backed by WealthTech America's Best Client / Consolidated Reporting award in 2024 and 2025 plus the 2025 Family Wealth Report award
• Customizable, interactive reports that turn complex information into clear, client-friendly insights
  
  

Plus, Black Diamond’s platform is built with open-API architecture, allowing you to integrate with hundreds of top-tier solutions. This provides your team with the flexibility to build a tech stack that fits your vision, not someone else’s template.

In short, you’re in control.

Choosing Black Diamond ensures a smooth transformation during the Morningstar Office transition. This is more than a migration—it’s a strategic move toward lasting success.

Contact us today to learn how easy it is to make the move, leverage our strategic alliance benefits, and position your firm for long-term success with Black Diamond. Call us at 1-800-727-0605, email us at info@advent.com, or request your personal demo.