Black Diamond Financial, LLC
Assets Under Management
$365.5M
Number of Clients
85
Number of Advisors
2
Average Client AUM
$4.3M
AUM per Advisor
$182.8M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Black Diamond Financial, LLC offers investment advisory services through its wrap fee program. The firm has discretion to manage client accounts, including buying/selling securities and engaging/terminating independent managers. Clients have access to investment professionals to discuss their accounts.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2M+ | 1.25% |
Fees negotiable above $2,000,000.
Fee Estimator
The annual wrap fee covers investment advisory services, trade execution, custody, and reporting. The fee is a percentage of the portfolio's market value. For accounts above $2,000,000, fees are negotiable. The fee is prorated and paid quarterly in arrears, based on the market value of assets on the last business day of the previous quarter.
Areas of Practice
Location
NJ, United States