Performance Reporting pop quiz — Test your IQ

Question 1

Which statement best reflects what is shifting in Performance Reporting?

Accepted Answer

AI-driven automation is the dominant trend in Performance Reporting

Answer

The category is shrinking as advisors return to spreadsheets

Answer

Most vendors in this space were acquired by a single private equity firm in 2023

Answer

Regulation has frozen new product development in this category

Question 2

Which platform powers performance reporting for the largest share of independent RIAs (by AUM on platform)?

Accepted Answer

Orion

Answer

Black Diamond

Answer

Tamarac

Answer

Addepar

Question 3

Which of these best describes "Performance Reporting"?

Accepted Answer

Multi-currency, time-weighted, and alternative asset return calculations.

Answer

Software that systematizes repeatable tasks (onboarding, reviews) ensuring consistency and audit-ready compliance.

Answer

Visualizing and modeling ISOs, NSOs, and RSU vesting/tax triggers.

Answer

Automated fact-finding, digital intake forms, and document collection workflows for onboarding and reviews.

Question 4

Which two of these vendors do NOT compete in Performance Reporting? (pick two)

Accepted Answer

OutboundEngine

Answer

Addepar

Answer

Masttro

Question 5

How would you characterize AI's impact on Performance Reporting today?

Accepted Answer

AI is materially reshaping how this work gets done

Answer

AI has no application in this category

Answer

This category is fully automated and no longer needs advisors

Answer

AI is regulated out of this category in the US