Fenwick Island, DE Office

BlackDiamond Wealth Management LLC is an SEC‑registered advisory firm with a seven‑person team that manages about $424 million for roughly 371 clients. The firm serves individuals, high‑net‑worth clients, trusts, estates, corporations and retirement plans, offering discretionary investment management, financial planning (including standalone retainers) and ERISA retirement plan advisory services.

The firm’s investment approach is generally long‑term and diversified, favoring low‑cost mutual funds and ETFs while tailoring portfolios to client objectives, risk tolerance and restrictions; BlackDiamond also implements strategies through unaffiliated independent managers when appropriate. The brochure notes the firm uses fundamental, technical and cyclical analysis and that it may employ individual stocks, bonds, options contracts and margin borrowing in client accounts to meet specific needs.

Compared with many peers, the firm discloses a prior regulatory matter involving a firm principal (a 2013 FINRA settlement) and explicitly states it may use derivatives and borrowing in separately managed accounts—practices that are less common among similar team firms. The brochure also describes an institutional custody relationship with Schwab that provides the firm with certain economic benefits and a standalone planning retainer that is waived once a client reaches $2.5 million of investable assets.