Morningstar & Black Diamond: A Strategic Alliance

Morningstar & Black Diamond: A Strategic Alliance

A Custom Data Conversion & Transition Experience
The Morningstar and Black Diamond teams have created an industry-first, highly customized migration process designed to save you time and resources. By making the switch, you gain access to Black Diamond’s award-winning portfolio management, reporting, and client engagement tools—infused with Morningstar’s unmatched data and analytics—all at exclusive alliance pricing.

As the first and only wealth platform with direct access to Morningstar’s Direct Advisory Suite, Black Diamond provides seamless integration to the insights and research you rely on most.

 

 

 

Black Diamond Transition Benefits Include
  • An Almost Effortless Data Conversion Process

    Black Diamond and Morningstar streamline your data conversion, managing the process so you can transition smoothly at zero cost.

  • Streamlined Implementation Process

    Benefit from customized training and dedicated resources explicitly designed for Morningstar Office users.

  • Seamless Transition, Exclusive Savings, Serious Upgrade

    Enjoy first-year discounts, no conversion or implementation fees, and continued access to Office at no cost after your first Black Diamond bill—plus Direct Advisory Suite included.

  • Your Brand, Their Full Financial Picture

    Give your clients 24/7 access to their complete financial picture through a custom-branded, interactive portal. More than just portfolio data, this interactive platform provides a holistic view of their wealth—enhancing engagement and deepening your advisory relationships.

  • Robust Reporting and Insights

    Unite portfolio management and comprehensive reporting to highlight the strategy you have built while helping your clients achieve their long-term financial goals.

  • Built-In Rebalancing for Smarter Investing

    Use Black Diamond’s native Rebalancer to streamline asset substitution and tax-loss harvesting in minutes. Integrated workflows, real-time data, and efficient client updates keep you ahead.

  • Smarter Insights, Stronger Relationships

    With advanced analytics, upgraded features, and an intuitive design, Morningstar’s Direct Advisory Suite simplifies workflows and enhances client interactions for better outcomes.

  • Deliver Compliance Confidence

    With over 8,000 compliance-related user roles and nuanced, reliable data, you can easily take the pulse of your business, review key metrics, and ensure compliance oversight.

  • Press Release

    Morningstar, Inc. (Nasdaq: MORN) and SS&C Technologies, Inc. today announced an agreement that will make SS&C's Black Diamond® Wealth Platform the first wealth platform to integrate with the newly launched Direct Advisory Suite from Morningstar.

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  • This alliance makes Black Diamond the first platform of its kind to integrate Morningstar’s rich research and data capabilities advisors have relied on for decades,” said Steve Leivent, co-head of SS&C's Wealth & Investment Technologies. “The Black Diamond Wealth Platform will offer seamless integration of Morningstar’s industry-leading data and analytics with client workflows.
    Steve Leivent
    Co-Head of SS&C's Wealth & Investment Technologies SS&C Technologies, Inc.
  • Black Diamond has been driving innovation in the wealth platform space, and we are excited about the connected experience we can deliver to advisors together. Advisors are central to our mission of empowering investor success. We have a long history of serving them directly with content, technology, and investment products or indirectly through strategic alliances with businesses like Black Diamond that excel in their own areas of expertise.
    Kunal Kapoor
    Chief Executive Officer Morningstar

Connecting the Dots of Your Practice so You Can Connect with Your Clients.

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