{
  "crd_number": 291459,
  "slug": "blackdiamond-wealth-management-llc-new-york-ny-291459",
  "primary_business_name": "BLACKDIAMOND WEALTH MANAGEMENT, LLC",
  "legal_name": "BLACKDIAMOND WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-02-26",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-07-09",
  "carried_forward": false,
  "raum_total": 423967458.0,
  "raum_discretionary": 405576122.0,
  "raum_non_discretionary": 18391336.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 10,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 123144974.0,
      "count": 275
    },
    "pension_profit_sharing": {
      "raum": 18401249.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 281602638.0,
      "count": 96
    },
    "corporations_other_businesses": {
      "raum": 818597.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "IL",
    "MO",
    "NH",
    "NJ",
    "NY",
    "PA",
    "TX"
  ],
  "websites": [
    "https://blackdiamondwealth.com",
    "https://facebook.com/blackdiamondwealth",
    "https://instagram.com/blackdiamondwm",
    "https://linkedin.com/company/blackdiamond-wealth",
    "https://twitter.com/blackdiamondwm"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291459",
  "disclosure_items": [
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/blackdiamond-wealth-management-llc-new-york-ny-291459",
  "display_name": "Blackdiamond Wealth Management, LLC",
  "summary": "Blackdiamond Wealth Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2018, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 9, 2026.",
  "citation": "AdvisorCensus. Blackdiamond Wealth Management, LLC (CRD 291459): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Blackdiamond Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Blackdiamond Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Blackdiamond Wealth Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated July 9, 2026 states: Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states); Subscription: $2,400 a year (ongoing financial planning services); Subscription: $50 a month (ongoing financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Blackdiamond Wealth Management, LLC located?",
      "a": "Blackdiamond Wealth Management, LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Blackdiamond Wealth Management, LLC registered with the SEC or a state?",
      "a": "Blackdiamond Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 291459."
    },
    {
      "q": "How much does Blackdiamond Wealth Management, LLC manage?",
      "a": "Blackdiamond Wealth Management, LLC reports $423,967,458 in regulatory assets under management in its Form ADV filing dated July 9, 2026 (96% discretionary)."
    },
    {
      "q": "How have Blackdiamond Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Blackdiamond Wealth Management, LLC: Regulatory assets under management: $128,423,181 in the October 2021 data and $423,967,458 in the October 2026 data, up 230%. Total employees: 7 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Blackdiamond Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (275); high net worth individuals (96); pension and profit sharing plans (but not the plan participants or government pension plans) (8)."
    },
    {
      "q": "Which custodians does Blackdiamond Wealth Management, LLC use?",
      "a": "Blackdiamond Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Blackdiamond Wealth Management, LLC report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/291459"
    },
    {
      "q": "Does Blackdiamond Wealth Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 9, 2026 says: \"BlackDiamond generally does not impose a minimum account size for establishing a relationship.\""
    },
    {
      "q": "What changed in Blackdiamond Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $322,441,500 to $423,967,458 (+31%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 128423181.0,
      "total_employees": 7,
      "filing_date": "2021-03-23"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 176153863.0,
      "total_employees": 7,
      "filing_date": "2022-01-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 186954432.0,
      "total_employees": 8,
      "filing_date": "2023-03-01"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 248991946.0,
      "total_employees": 8,
      "filing_date": "2024-06-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 322441500.0,
      "total_employees": 9,
      "filing_date": "2025-04-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 423967458.0,
      "total_employees": 10,
      "filing_date": "2026-07-09"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $322,441,500 to $423,967,458 (+31%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 6 to 7."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.25% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $2,400 a year (ongoing financial planning services)",
      "Subscription: $50 a month (ongoing financial planning services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.25% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Investment advisory fees are based on the average daily balance of assets under management during the month. Investment advisory fees range up to 1.25% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.",
          "Fees for retirement plan advisory services are charged an annual asset-based fee of up to 1.00% and are billed in quarterly, at the end of each calendar quarter, pursuant to the terms of the retirement plan advisory agreement."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "BlackDiamond generally does not impose a minimum account size for establishing a relationship."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $2,400 a year (ongoing financial planning services)"
        ],
        "quotes": [
          "Fees for ongoing financial planning services may be offered on an annual retainer basis. The retainer services are charged $2,400 annually with a retainer fee of $50 per month."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $50 a month (ongoing financial planning services)"
        ],
        "quotes": [
          "Fees for ongoing financial planning services may be offered on an annual retainer basis. The retainer services are charged $2,400 annually with a retainer fee of $50 per month."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.25,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": 2400.0,
          "min": null,
          "max": null,
          "period": "annual",
          "service": "ongoing financial planning services"
        },
        {
          "kind": "subscription",
          "amount": 50.0,
          "min": null,
          "max": null,
          "period": "monthly",
          "service": "ongoing financial planning services"
        }
      ]
    },
    "quotes": [
      "Investment advisory fees are based on the average daily balance of assets under management during the month. Investment advisory fees range up to 1.25% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.",
      "Fees for retirement plan advisory services are charged an annual asset-based fee of up to 1.00% and are billed in quarterly, at the end of each calendar quarter, pursuant to the terms of the retirement plan advisory agreement.",
      "BlackDiamond generally does not impose a minimum account size for establishing a relationship.",
      "Fees for ongoing financial planning services may be offered on an annual retainer basis. The retainer services are charged $2,400 annually with a retainer fee of $50 per month.",
      "Fees for ongoing financial planning services may be offered on an annual retainer basis. The retainer services are charged $2,400 annually with a retainer fee of $50 per month."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/blackdiamond-wealth-management-llc-new-york-ny-291459.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 275,
      "fewer_than_5": false,
      "raum": 123144974.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 96,
      "fewer_than_5": false,
      "raum": 281602638.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 18401249.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 818597.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/291459",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}