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NEWS RELEASE
October, 2007
Contact: Liz Morgan, Liz Morgan PR
904-608-3823 or liz@lizmorganpr.com
BLACK DIAMOND ANNOUNCES IT NOW REPORTS ON $15 BILLION ASSETS UNDER MEASUREMENT
JACKSONVILLE, FL (October 2007) – Black Diamond Performance Reporting™ today announced that it now reports on over $15 billion assets under measurement. Founded in 2003, Black Diamond has experienced substantial growth since its entry into the financial services market.
“At Black Diamond, we have enjoyed considerable growth over the past 2 years, while maintaining high-touch customer service and consistent product improvement. We view each of our clients as partners and strive everyday to offer the best-of-breed performance reporting,” said Reed Colley, founder and Chief Executive Officer of Black Diamond. “This growth represents great momentum for our product. We look forward to providing our service to new partners in the coming years.”
Tracy Thompson, Executive Vice President of Sales, added, “Our sales and marketing efforts thus far have been primarily word-of-mouth and referrals, which is a testament to the satisfaction of our current clients. This level of client satisfaction, combined with our growing name recognition in this industry, represents an opportunity for continued growth in the very near future.”
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 $15 billion in assets under management, Black Diamond
Performance Reporting is headquartered in Jacksonville, Florida.
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