Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
6 advisors
Number of Clients
337 clients
Average Client Portfolio
$544K average
Assets Under Management
$183.5M

Fee Structure

Minimum Investment:$250K
Financial Plan Fee:Up to $10,000
Hourly Rate:Up to $350/hr

Diamond Wealth Management charges fees based on a percentage of assets under management, not to exceed a certain percentage annually. This fee is negotiable, and accounts within the same household may be combined for a reduced fee. Fees are billed quarterly in advance. Financial planning services are billed on an hourly basis (up to $350/hour) or a fixed/flat fee (up to $10,000). Clients invested in Private Funds are subject to certain fees, such as a management, performance or incentive fee and other fees and expenses, which are outlined in the fund’s offering documents.

Areas of Practice
Investment ManagementFinancial Planning & CoachingEstate PlanningRetirement PlanningTax PlanningHigh Net Worth
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Advisor Information

Office location

40 W. Main Street Court, Suite 250E, Alpine, UT, 84004

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Regulatory History (3)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
April 2017
Final
Employment Separation After Allegations
December 2014
Employment Separation After Allegations
November 1994
Other Business ActivitiesSells Insurance

Arthur is an insurance agent since 1981, dedicating a few hours per week to marketing and sales of insurance. He also manages several LLCs involved in medical devices, technology consulting, and serves as a board member for a software company, in addition to being a licensed real estate agent.

Employment History
Current Registrations
Diamond Wealth Management, LLC
September 2018 - Present · 7 yrs 4 mos
Previous Registrations
Bfc Planning, INC.
November 2017 - January 2018 · 2 mos
Berthel, Fisher & Company Financial Services, INC. Broker
August 2017 - January 2018 · 5 mos
Bfc Planning, INC.
February 2015 - May 2017 · 2 yrs 3 mos
Berthel, Fisher & Company Financial Services, INC. Broker
January 2015 - May 2017 · 2 yrs 4 mos
LPL Financial LLC
May 2004 - January 2015 · 10 yrs 8 mos
LPL Financial LLC Broker
May 2004 - January 2015 · 10 yrs 8 mos
Citigroup Global Markets INC.
September 2000 - June 2004 · 3 yrs 9 mos
Citigroup Global Markets INC. Broker
January 1995 - June 2004 · 9 yrs 5 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
November 1988 - December 1994 · 6 yrs 1 mo
State Registrations2 states
TXUT
Advisor
Exams
No exam information available for this advisor.
Arthur J Smithee - Financial Advisor | AdvisorDiscover