Addepar vs Black Diamond: Portfolio Management Platform Comparison

Category: Software Comparison

Updated: 8/11/2025

This comparison evaluates Addepar and SS&C Black Diamond, two leading portfolio management platforms serving different segments of the investment management industry. Addepar focuses on institutional clients and ultra-high-net-worth advisors with sophisticated reporting and analytics capabilities, while Black Diamond targets registered investment advisors (RIAs) with comprehensive practice management features including client portals and billing integration. Both platforms offer strong portfolio management capabilities but differ in target market, pricing, and feature emphasis.