San Francisco, CA Office

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.