RS

Richard Darren Simons

30 Years of Experience

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
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Richard is the owner/manager of Northern Peaks Soccer Club LLC since 2018. He spends minimal time on this non-investment related activity.

Employment History
Current Registrations
Diamond Wealth Management, LLC
November 2017 - Present · 8 yrs 2 mos
Previous Registrations
Capital Guardian, LLCBroker
November 2012 - June 2017 · 4 yrs 7 mos
Capital Guardian Wealth Management, LLC
July 2012 - November 2017 · 5 yrs 4 mos
Fortius Wealth Management LLC
November 2006 - June 2012 · 5 yrs 7 mos
Intermountain Financial Services, INC.Broker
March 2006 - June 2011 · 5 yrs 3 mos
Fortius Financial Advisors, LLC
June 2004 - December 2006 · 2 yrs 6 mos
Merrill Lynch Pierce Fenner & Smith INC.
December 2002 - March 2004 · 1 yr 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
December 2002 - March 2004 · 1 yr 3 mos
Strategic Advisers INC.
January 2000 - December 2002 · 2 yrs 11 mos
Fidelity Brokerage Services LLCBroker
August 1995 - November 2002 · 7 yrs 3 mos
State Registrations2 states
TXUT
Advisor
Exams
No exam information available for this advisor.