Blackwater Financial
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$19,670,000
Total clients
19
58% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
19
Average account size
$1,035,263
About
Blackwater Financial is a fee-only, independent registered investment adviser that provides discretionary investment management and both ongoing and project-based financial planning to individuals, high‑net‑worth households, and business clients. The firm also assists clients by recommending third‑party professionals when needed and accepts client‑imposed investment restrictions in writing.
The firm’s investment approach emphasizes individualized investment policy development and asset allocation grounded in modern portfolio principles, using a mix of passive and active strategies. Implementation often leverages outside managers and institutional platforms — including Betterment for Advisors and the Altruist Model Marketplace — and accounts are reviewed on a regular cadence with discretionary trading authority when engaged.
Notably, unlike most solo independent advisers, the firm accepts institutional or corporate portfolio management relationships in addition to individual clients, and it uses model marketplace and sub‑advisory arrangements to deliver strategies. As a recently established, small practice managing approximately $19.7 million across a limited client base, the firm’s structure results in a focused, platform‑driven implementation style and relatively large average account sizes compared with many peers.
Client services
Financial planning
Portfolio management
Selection of other advisers
Fee options
Ongoing Financial Planning fees range from $400 to $1,250 per month; initial financial planning fee from $1,000 to $3,000; Project-Based Financial Planning fixed fees range from $1,000 to $7,000
Up to 2.00% of assets under management, negotiable based on complexity and financial planning needs
Minimum fee: Minimum engagement fee starts at $4,900 per household per year, which can be paid as a planning fee, AUM fee, or combination Fee-only: Financial planning fees only; includes ongoing financial planning and project-based financial planning fees
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Main office location
Blackwater Financial
Fairmont WV, United States
Number of offices
1
Forms ADV
Quick links
LinkedIn
Facebook
X
Instagram
Website
304-314-4249
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")