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Attract New Assets
Advisors and wealth managers sell their services to investors in many
ways. Effective performance reporting is a valuable sales tool that
instills confidence in your prospective clients. Presenting your
investment performance promotes your services as an effective wealth
manager. Valuable, easy-to-use performance reports assure
prospective clients that communication and disclosure will be cornerstones
of your relationship.
The following is a list of a few of the features that can help you sell your
services and drive new revenue.
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Daily returns keep you up-to-date
With Black Diamond Performance Reporting™, you can show your clients their performance on an extremely
timely basis. If a client calls for a meeting, use our
application to generate a performance report in mere seconds with data available
as of close of business two days ago. Having up-to-date reports shows your clients that
communication and responsiveness are integral parts of your wealth management offering.
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Portfolio Theory allows you to show how you add value
Using the Alpha and Sharpe Ratio statistics provided in Portfolio Theory, you
can show prospective clients how your wealth management style has added
value. This added value can be shown relative to the market as a
whole or a blend of indices that are meaningful to your investment style.
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Valuable, customized reports instill confidence
Using reports designed specifically for your firm, you can show your
prospects exactly the information that’s pertinent to them and your proposed
wealth management objectives. Customizable reports help you keep
reports from becoming overwhelming with information.
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AIMR compliant composites help with performance verification
All calculations at Black Diamond are AIMR compliant. We can help you
create all-important AIMR compliant composites based on investment styles or
any other grouping criteria. AIMR compliant reports are vital to
performance verification and subsequent marketing efforts.
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Show how you “beat the market”
Your performance relative to market movement is essential to client confidence,
especially during down markets. Use market indices that mirror your
investment mix to create a blended benchmark that will show true relative
performance. This allows client to invest with confidence knowing that
you generally outperform your target market.
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Unbiased, third-party reporting differentiates yourself from your competition
Ask your large clients if they receive the same
objective performance reporting on assets held away that you can provide with Black
Diamond. Third-party reporting can also be very meaningful to prospective
clients who have frequently moved from one wealth manager to another.
Let Black Diamond help you drive revenue by providing the performance capabilities to
help attract assets. Please continue to browse our website or contact us via e-mail or by calling
us at (904) 241-2444.
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