Black Walnut Wealth Management

Black Walnut Wealth Management works with individual and high-net-worth clients as well as trusts, estates, and charitable organizations, offering discretionary wealth management, investment management, and financial planning to a client base of about 86 with approximately $136.8 million in assets under management. The firm combines portfolio construction using stocks, bonds, ETFs, mutual funds and, when appropriate, alternative investments with ongoing financial-planning services and modular planning options.

BWWM’s investment approach is primarily long-term, buy-and-hold grounded in fundamental analysis, supplemented by regular rebalancing and tactical adjustments when client objectives or market conditions warrant; clients complete a risk-tolerance questionnaire and most accounts are managed on a discretionary basis. The firm documents client objectives and allows written investment restrictions, and it typically establishes custodial relationships with major custodians while providing periodic account reporting and plan updates.

Noteworthy differences from many peers include the firm’s use of client testimonials in its advertising and its distribution of periodicals or newsletters and event-driven reports, practices that the brochure identifies and that are uncommon among supported firms. BWWM also does not aggregate trades for multiple clients—citing individualized tax efficiency—and maintains written policies such as a Code of Ethics and quarterly personal-trading reviews to manage conflicts of interest.