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Rock Creek Advisors LLC

Updated today

Client assets under management

$7,224,994

Clients

3

100% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

2

Very Low

Average account size

$2,408,331

About

Rock Creek Advisors provides discretionary investment management primarily to a state‑chartered corporate fiduciary, First Trust Company, LLC, administering trust and agency accounts, and also offers separately managed accounts to individual clients. The firm reports roughly $54 million in discretionary assets under management concentrated in a very small number of trust and SMA relationships.

The firm constructs mixed‑asset model portfolios focused on capital appreciation, current income, and preservation of capital, using charting, fundamental and technical analysis alongside mutual funds, ETFs and individual equities. Portfolios place emphasis on large‑cap, dividend‑paying stocks for equity exposure, seek modest turnover and diversification, and may employ margin, option writing and other implementation tools within delegated discretionary authority.

Rock Creek’s organizational structure is notable for its affiliation and common control with a non‑depository, state‑chartered trust company, a relationship that is uncommon among comparable advisers and creates a trust‑centric operating model. The firm is small and closely staffed, with senior investment leadership carrying extensive fixed‑income experience, and it does not hold custody of client assets, relying on unaffiliated custodians.

Client services

Portfolio management

Expertise

Wealth management Retirement income strategy

Occupation focus

Retired

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Fee options

Percentage

0.40% to 0.60% annually (40 to 60 basis points), negotiable

Main office location

Rock Creek Advisors LLC

805 Fifth Street

Rapid City SD 57701-3606, United States

Number of offices

1

Most active in

South Dakota

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Quick links

Advisors at this firm

user avatar

Joseph P

Series 65

Rapid City, SD

Rock Creek Advisors LLC

Joseph Porter is a financial advisor with Rock Creek Advisors LLC in Rapid City, SD, holding a Series 65 designation and 17 years of industry experience. He previously worked at Orion Advisor Services, LLC and concurrently serves as Director of Investment Administration at First Trust Company LLC. Rock Creek Advisors provides discretionary investment management primarily to a state-chartered corporate fiduciary, First Trust Company, LLC, managing trust and agency accounts as well as separately managed accounts for individual clients. The firm employs mixed-asset model portfolios emphasizing capital appreciation, current income, and capital preservation, and maintains a trust-centric operating model through its affiliation with the state-chartered trust company.

Wealth management Retirement income strategy Retired
user avatar

Joel B

Series 63, Series 65

Rapid City, SD

Rock Creek Advisors LLC

Joel Black is a financial advisor at Rock Creek Advisors LLC with 8 years of industry experience. He holds Series 63 and Series 65 designations and has worked at Rock Creek Advisors since 2017. Additionally, he serves as Executive Vice President, CFO, and COO of First Trust Company, LLC, a state-chartered corporate fiduciary where he administers trusts and manages regulatory relations. Rock Creek Advisors provides discretionary investment management primarily to trust and agency accounts administered by First Trust Company, LLC, and also offers separately managed accounts to individual clients. The firm focuses on mixed-asset model portfolios emphasizing capital appreciation, income, and capital preservation, utilizing a range of investment strategies within a trust-centric operating structure.

Wealth management Retirement income strategy Retired
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