Colorado Diversified Financial

Colorado Diversified Financial advises individual clients on portfolio management and general financial planning, with particular experience in income planning for clients aged 65 and over and knowledge of Medicare and Social Security. The firm offers a range of investment and insurance products including individual stocks and bonds, no‑load mutual funds and ETFs, non‑traded REITs, limited partnerships, brokered CDs, annuities (variable and fixed), and life, health and disability insurance.

The adviser operates on a non‑discretionary basis, using a written risk‑tolerance form and collaborative discussions to select and implement strategies, meeting clients at least annually (semi‑annual reviews for income clients) and relying on third‑party research and financial‑planning software. Transactions are executed through the firm’s directed broker‑dealer relationship with Altruist, and the firm generally absorbs transaction costs or reduces advisory fees if clients pay transaction charges.

Noteworthy aspects include the firm’s affiliation with Biotech Consultants International and ownership of insurance agencies that generate commissions (the brochure notes one affiliated insurance company derives 100% of its revenue from commissions), and the adviser’s receipt of commissions on some annuity and insurance sales—conflicts the brochure says are managed through disclosure and procedural safeguards. The brochure also discloses the principal devotes a large portion of time to the affiliated insurance business (reported at 90%) and reports a relatively small asset base under management (approximately $892,000 as of January 15, 2025), which contributes to retained client involvement in investment decisions.