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NEWS RELEASE
May, 2007
Contact: Liz Morgan, Liz Morgan PR
904-608-3823 or liz@lizmorganpr.com
BLACK DIAMOND ANNOUNCES IT NOW REPORTS ON $10 BILLION ASSETS UNDER MANAGEMENT
JACKSONVILLE BEACH, FL (May 2007) – Black Diamond Performance Reporting™ today announced that it reports on over $10 billion assets under management each day. Founded in 2003, Black Diamond has continued to exceed growth expectations, while maintaining high-touch customer service.
“We are excited with our growth, but most importantly, we are thrilled to have such positive feedback from clients,” said Reed Colley, founder and Chief Executive Officer of Black Diamond. “Our performance reporting application is truly filling a need for our advisor clients. We view our clients as partners and believe our partner mentality is a primary reason for our continued growth.”
Bob Conchiglia, Chief Operating Officer, added, “Our performance reporting application is second-to-none. In just one year, we have grown from reporting on $2 billion assets under management to over $10 billion, while improving customer service and operations. I think this growth alone is a testament to the superiority of our application.”
Black Diamond offers fully outsourced performance reporting and portfolio management to financial advisors and wealth managers. Using its proprietary reconciliation engine, Black Diamond reconciles its clients’ data on a daily basis and provides a feature-rich internet application to view their data, including both assets under management and held-away assets.
For more information, please visit www.blackdiamondreporting.com or call (904) 241-2444.
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About Black Diamond Performance Reporting
Founded in 2003, Black Diamond Performance Reporting™ provides solutions for the wealth management process. The
core product retrieves and reconciles investment accounting data and provides a feature rich, Internet-based
application to analyze performance. Reporting on more than $10 billion in assets under management, Black Diamond
Performance Reporting is headquartered in Jacksonville Beach, Florida.
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