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Black Diamond Financial, LLC

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Total assets under management

$1,370,212,598

Total clients

335

65% high-net worth

Total advisors

14

of 17 employees

Firm size

Multi Team

Average clients per advisor

24

Average account size

$4,090,187

About

Black Diamond Financial, LLC provides discretionary and non‑discretionary investment management, financial planning, and retirement plan advisory services to individuals (including high‑net‑worth clients), trusts, pension and profit‑sharing plans, and other entities. The firm manages approximately $1.37 billion in client assets, operates with a multi‑advisor team, and also offers access to private pooled investment vehicles for qualifying accredited investors.

The firm’s investment approach emphasizes strategic asset allocation and low‑cost, index‑based core exposures, with an overlay of tax‑aware portfolio construction and the selective use of institutional‑quality private investments to pursue illiquidity premiums or yield. Client relationships are documented through individualized Investment Policy Statements and include ongoing portfolio management, project‑based financial planning, and ERISA plan services including the option to act as a 3(38) investment manager.

Distinctive features include Black Diamond’s role as an adviser and sponsor of unregistered private pooled investment vehicles — the firm serves as investment manager to several funds (including a fund launched in 2025) that provide private placement offerings and receive annual PCAOB audits — and it requires client subscription paperwork before those fund investments are processed rather than authorizing purchases via discretionary trading authority. The brochure also discloses an affiliation with an accounting firm owned by some of the firm’s representatives, a relationship that can lead to referrals to affiliated accounting services and is identified as a potential conflict of interest.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Passive / index investing Private / alternative investments Options & derivatives strategies

Occupation focus

Founder/Business Owner

Fee options

Fixed

Negotiated fixed fees for comprehensive financial plans

Percentage

Up to 0.85% per annum on assets with tiered decreasing rates as assets increase

Project-based

$300 per hour for financial planning services

Other

Account minimum: $1,000,000 Minimum fee: $3,000 annually or 3%, whichever is less; may be negotiable Fee-only: Fee-only registered investment adviser; fees are advisory fees without commissions

Main office location

Black Diamond Financial, LLC

2330 West Joppa Road, Suite 320

Lutherville MD 21093, United States

Number of offices

2

Most active in

California · Florida · Louisiana · Maryland · Oregon · Texas · Utah

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Lindsay D

Series 63, Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Chase L

Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Paul S

PFS™, Series 65

Bend, OR

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

David Z

CFP®, Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Derek H

Series 65, Series 66

Bend, OR

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Robert T

Series 63, Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Jeffrey N

Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Chahat K

Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Brigitte S

CFP®, Series 65

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Troy M

Series 63, Series 65

San Francisco, CA

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Matthew G

CFP®, CFA®, Series 63

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Alexander R

CFP®, Series 66

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Erin W

CFP®, Series 66

Bend, OR

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
user avatar

Jordan F

CFA®

Lutherville, MD

Black Diamond Financial, LLC

Passive / index investing Private / alternative investments Options & derivatives strategies Founder/Business Owner
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