Advent’s Wealth Management Solutions Preferred by Leading RIAs

7 of the Top 10 Largest* RIA Firms Are Advent Clients

SAN FRANCISCO – November 12, 2013 – Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, announced today that 7 of the top 10 largest U.S. registered investment advisors (RIAs) are Advent clients, according to Financial Advisor magazine’s recently released 2013 RIA National Rankings.

“Knowing that the nation’s largest advisors according to the Financial Advisor rankings are Advent clients, demonstrates Advent’s strong presence and ongoing commitment to this market.  We are developing dynamic investment and wealth management solutions that help RIAs continue to grow their businesses,” said Chris Momsen, Executive Vice President, Sales and Solutions Management at Advent. “With a number of award-winning solutions to choose from, advisors have the ability to select the best fit for their business. The combination of innovative and reliable solutions with the flexibility of deployment options we offer, make Advent one of the only established firms that can provide RIAs with the range of services they need to thrive as they grow.”

Advent provides leading investment and wealth management solutions designed specifically for the unique workflow and business requirements of RIA firms through the award-winning Advent Portfolio Exchange® (APX), Black Diamond, and Axys® solutions.  In addition, APX, Black Diamond, and Axys® clients have access to 800 custodial data feeds through Advent Custodial Data®.

“At Advent, we’re dedicated to helping advisors thrive by providing them with the tools to help them better serve their clients and provide scale and efficiency for their business,” said Dave Welling, Senior Vice President and General Manager of Black Diamond, an independent business group of Advent Software. “We recognize the many challenges advisors face today and we’re committed to delivering an unparalleled combination of technology, service, and integration that help them on their paths to greatness.”
*By Assets Under Management

About Advent Portfolio Exchange®
Advent Portfolio Exchange® (APX) is the award winning integrated portfolio and client management solution that unites everyone from executives to portfolio managers to operations teams.  Deployed in the cloud or on-site, APX centralizes your portfolio, client, and prospect marketing data in one place. People can get the information they need quickly, with customizable dashboards, a vast report library, and robust custom reporting capabilities.  Learn more at

About Black Diamond
An independent business group of Advent Software, Black Diamond provides investment advisors and wealth managers with a cloud-based portfolio management platform offering aggregation, customizable reporting and rebalancing combined with fully outsourced daily reconciliation and data management service.  With innovative technology backed by exceptional service, Black Diamond frees advisors to focus on serving clients and growing their business.  More than 470 advisory firms have chosen Black Diamond to help manage more than $180 billion in assets. Learn more at

About Axys®
Advent’s Axys® helps thousands of investment firms do more in less time. It’s one of the most widely used portfolio accounting and reporting solution in the industry. An easy-to-use, turnkey solution requiring minimal IT support, Axys® delivers the benefits of automation to help firms increase productivity and improve accuracy. With an extensive library of pre-defined reports plus easy report customization, it gives firms a clear picture of their portfolios and performance. Learn more at

About Advent
Over the last 30 years of industry change, our core mission to help our clients focus on their unique strategies and deliver exceptional investor service has never wavered. With unparalleled precision and ahead-of-the-curve solutions, we've helped over 4,400 firms in nearly 60 countries — from established global institutions to small start-up practices – to grow their business and thrive.  Advent technology helps firms minimize risk, work together seamlessly, and discover new opportunities in a constantly evolving world. Together with our clients, we are shaping the future of investment management. For more information on Advent products visit

Advent, Advent Software, Advent Portfolio Exchange, Axys, and Advent Custodial Data are registered trademarks of, and the Advent logo is a mark of, Advent Software, Inc.  All other company names or marks mentioned herein are those of their respective owners.

Media Contact:
Amanda Diamondstein-Cieplinska
Advent Software, Inc.
(415) 645-1668