SS&C Black Diamond Wealth Solutions’ TAMP Exceeds USD 2 Billion in Assets

Key Terms

turnkey asset management platform financial

A turnkey asset management platform is a service that bundles investment products, portfolio management, trading, reporting and back-office operations into a single, ready-to-use solution for financial advisors and institutions. Think of it like renting a fully furnished, staffed office instead of building one yourself: it lets advisors offer professionally managed portfolios faster, with predictable costs and less operational work. For investors, this can mean quicker access to diversified, professionally run investments but also potential differences in fees and transparency.

tamp financial

A TAMP (Turnkey Asset Management Program) is a third‑party service that handles investment selection, portfolio construction, trade execution and ongoing reporting for financial advisors, letting them outsource the day‑to‑day work of managing client portfolios. For investors, TAMPs matter because they can lower costs, provide professional, standardized portfolio management and improve consistency across accounts—similar to hiring a skilled contractor to renovate a house instead of doing every task yourself.

registered investment advisors regulatory

Registered investment advisors are professional firms or individuals who provide financial advice and manage investments for clients. They are officially registered with regulatory authorities, which helps ensure they follow rules designed to protect investors' interests. This registration provides a level of trust and accountability, making it easier for investors to find qualified advisors who prioritize their financial well-being.

separately managed account financial

A separately managed account (SMA) is a personalized investment portfolio owned by a single investor and run by a professional manager who buys and sells securities on that investor’s behalf. It matters to investors because an SMA offers tailored asset selection, tax handling, and transparency—like hiring a personal chef who prepares meals to your dietary needs rather than sharing a set menu—so you can align holdings with your goals and see exactly what you own.

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Demand for modular, integrated managed account services drives rapid advisor adoption

WINDSOR, Conn.--(BUSINESS WIRE)-- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced assets on SS&C Black Diamond Wealth Solutions’ Turnkey Asset Management Platform (TAMP) have grown 2000% to over $2 billion in its first year.

“The depth of investment solutions available through Black Diamond’s TAMP has expanded what we can offer clients,” said Harold Philipson, CFP®, MSFS, RICP®, Co-Founder and Advisor and Wealth Management Advisor at Tenzing Financial. “The platform gives us institutional-level capabilities without adding internal complexity.”

The milestone reflects registered investment advisors’ (RIA) growing demand for institutional-level portfolio management, tax efficiency, and customization on a single platform, without adding operational complexity or losing control of the client experience.

“Advisors are under increasing pressure to deliver sophisticated portfolios while managing rising operational demands,” said Steve Leivent, Senior V.P. & Co-Head of SS&C Wealth & Investment Technologies. “The growth of our TAMP demonstrates firms want a model that allows them to outsource what slows them down while remaining deeply involved in investment strategy, client relationships and business growth.”

The TAMP, powered by SS&C ALPS Advisors, is part of the broader Black Diamond Wealth Solutions ecosystem. The offering combines portfolio management, trading, reporting, CRM and alternative investment servicing in a unified platform built to support firms of all sizes. Unlike traditional TAMPs, SS&C Black Diamond offers a flexible approach to service adoption. Advisors using Black Diamond can integrate managed accounts, trading, model implementation, and tax-aware strategies in stages without leaving their platform environment.

This integrated model enables firms to:

• Scale portfolio management without adding headcount
• Improve operational efficiency through centralized trading and rebalancing
• Deliver tax-smart, customized portfolios
• Maintain visibility and control within a single ecosystem

SS&C Black Diamond continues to invest in its rebalancing tool, managed account services, and TAMP capabilities. Enhancements planned for this year include:

• Revamped Model Marketplace experience
• New Oversight Dashboard and Trade Desk Connection workflows
• Expanding asset manager partnerships, including new Separately Managed Account strategists
• AI-driven insights to provide enhanced transparency around trade proposals

For more information on Black Diamond’s Investment Management Services, visit https://www.sscblackdiamond.com/solutions/investment-management/

About SS&C Technologies

SS&C is a leading provider of mission-critical, AI-powered software and services empowering financial services and healthcare organizations to work smarter, faster, and securely. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices worldwide. More than 23,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260625966172/en/

Brian Schell
Chief Financial Officer
SS&C Technologies
Tel: +1-816-642-0915
E-mail: InvestorRelations@sscinc.com

Justine Stone
Investor Relations
SS&C Technologies
Tel: +1-212-367-4705
E-mail: InvestorRelations@sscinc.com

Media Contacts
Breanna King
Prosek Partners
Email: pro-SSC@prosek.com

Source: SS&C