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Black Diamond Adds Fidelity Executive to Sales Team

"Karen has a great depth of experience working with advisors and helping them improve their productivity and scalability through technology," said Reed Colley, President and CEO of Black Diamond Performance Reporting. "With the excellent response we continue to receive from the advisor market, we are thrilled to keep building our team with experienced professionals who share our purpose of helping advisors be great."

Ms. Lisowski joins a growing and experienced team servicing the RIA industry for Black Diamond, including the most recent addition of former Schwab Advisor Services executive, David Welling, who joined as Chief Solutions Officer earlier this year. Lisowski will report to Welling, who is a member of the Black Diamond senior management team and oversees sales, marketing, product management and client solutions.

"I'm very excited to be joining a growing firm with an innovative technology and service platform like Black Diamond," said Lisowski. "I've consulted directly with some of the largest RIAs and breakaway teams in my former roles and have seen the operational leverage advisory firms gain through outsourcing. I'm looking forward to continuing to support these efforts and contribute to the growing momentum of Black Diamond in the industry." Ms. Lisowski will be based in the San Francisco Bay Area and will focus on developing relationships with independent financial advisors and wealth managers in the Western part of the US.

Black Diamond's web-based, outsourced portfolio management and presentation platform enables advisors to access, take action on and deliver daily portfolio information through a dynamic user interface and performance reports. Black Diamond configures to each unique firm and individual role so advisors can manage portfolios, enhance workflow and communicate their unique performance story to their clients.

"Investing in experienced industry talent to help our clients navigate today's market environment is yet another example of our growing mission to transform the industry by inspiring advisors to be great," concluded Colley.

About Black Diamond Performance Reporting

Founded in 2003, Black Diamond Performance Reporting offers a powerful tool for advisors and wealth managers by providing unbiased, outsourced investment performance reporting. The Black Diamond solution is a highly configurable, Web-based performance reporting solution that provides accurate, timely and meaningful data allowing advisors and wealth managers to tell their investment performance story. Using its proprietary reconciliation engine, Black Diamond reconciles its clients' data on a daily basis so advisors and wealth managers always have the most current reporting information available at their fingertips. Black Diamond has been recently recognized as the second fastest growing firm in Northeastern Florida by the Jacksonville Business Times and one of the top three of the Best Places to Work in Jacksonville. Black Diamond Performance Reporting is headquartered in Jacksonville, Florida, with offices in San Francisco, Philadelphia and Dallas.

Nexus Strategy, LLC
Timothy D. Welsh, 415-847-4874
tim@nexus-strategy.com