Rock Creek Advisors LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$7,224,994
Clients
3
Advisors
2
of 2 employees
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
Expertise
Occupation focus
Fee options
0.40% to 0.60% annually (40 to 60 basis points), negotiable
Main office
805 Fifth Street
Rapid City SD 57701-3606
Advisors at this office
2
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
Is active or affiliated with:
Trust company
They provide trust and estate administration services, typically for separate fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
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.
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.
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