Black Diamond Wealth Solutions vs Asset Vantage

Black Diamond Wealth Solutions8.9Visit Asset Vantage7.5Visit

Higher score Black Diamond Wealth Solutions #6 in Portfolio Management Software 8.9/10 Pricing on request ✓ 4 of 4 features Request a demo

vs

Asset Vantage #19 in Portfolio Management Software 7.5/10 Paid ✓ 4 of 4 features Visit Asset Vantage

• Black Diamond Wealth Solutions fits best

  Advisors needing full client portfolio operations

• Asset Vantage fits best

  Family offices needing accounting and consolidation

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Side by side

Feature	Black Diamond Wealth Solutions 8.9/10 Visit ↗	Asset Vantage 7.5/10 Visit ↗
At a glance
Editor score	8.9	7.5
Ranking	#6 in Portfolio Management Software	#19 in Portfolio Management Software
Best for	Advisors needing full client portfolio operations	Family offices needing accounting and consolidation
Pricing model	Paid	Paid
Starting price	Pricing on request	—
Free plan	—	—
Free trial	—	—
Deployment	Cloud, Mobile	Cloud, Mobile
Platforms	Web, iOS, Android	Web, iOS, Android
Support	Email, Phone	Email, Docs
Integrations	80+ integrations	9 integrations
Built for	Small business, Mid-market, Enterprise	Small business, Mid-market, Enterprise
Features Black Diamond Wealth Solutions 4/4 · Asset Vantage 4/4
Performance reporting	✓	✓
Allocation analysis	✓	✓
Risk analysis	✓	✓
Tax-lot tracking	✓	✓
Specs
Asset class coverage	Multi_asset_alternatives	Multi_asset_alternatives
Maximum portfolios	Not checked yet	Not checked yet
Our review
Pros	Combines reporting, models, trading, rebalancing and tax-loss harvesting Tracks traditional and alternative assets with risk and return analysis Supports portals, mobile access, APIs and third-party integrations	Combines portfolio reporting with general-ledger accounting Supports multi-entity consolidation and partnership accounting Covers liquid, private, and alternative assets with tax-lot reporting
Cons	No free plan and pricing is handled through contact sales The broad feature set may exceed the needs of smaller advisory teams Capabilities and integrations may vary by configuration	Annual pricing starts at $30,000 for 10 entities 30+ entity pricing requires contact with sales No free plan is available
Our verdict	Black Diamond Wealth Solutions is a wealth-management platform for registered investment advisors, family offices, broker-dealers, banks, trust companies and asset managers. It brings portfolio performance, allocation and activity… Read the review →	Asset Vantage is family office software for organizations managing complex portfolios and ownership structures. It combines multi-asset performance reporting, investment accounting, financial data aggregation, general-ledger functionality,… Read the review →

Strengths and trade-offs

• Black Diamond Wealth Solutions — where it wins

  • Combines reporting, models, trading, rebalancing and tax-loss harvesting
  • Tracks traditional and alternative assets with risk and return analysis
  • Supports portals, mobile access, APIs and third-party integrations

  Where it doesn't

  • No free plan and pricing is handled through contact sales
  • The broad feature set may exceed the needs of smaller advisory teams
  • Capabilities and integrations may vary by configuration

• Asset Vantage — where it wins

  • Combines portfolio reporting with general-ledger accounting
  • Supports multi-entity consolidation and partnership accounting
  • Covers liquid, private, and alternative assets with tax-lot reporting

  Where it doesn't

  • Annual pricing starts at $30,000 for 10 entities
  • 30+ entity pricing requires contact with sales
  • No free plan is available

• Black Diamond Wealth Solutions8.9/10 · Pricing on request

  A broad, enterprise-oriented platform for advisors managing portfolios, clients, taxes and alternatives.

  Request a demoFull verdict →
• Asset Vantage7.5/10 · Paid

  A broad family-office suite for accounting, consolidation, reporting, and complex portfolios.

  Visit Asset VantageFull verdict →