Blackdiamond Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, and insurance. Financial planning was provided to 11–25 clients last fiscal year.
Blackdiamond Wealth Management reports 379 clients. They include 275 individual clients, 96 high-net-worth individuals, and 8 pension and profit-sharing plans. Of its assets, 95.7% ($406M across 1,232 accounts) are managed with discretion; $18.4M across 6 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 29% |
| High-net-worth individuals | 25% | 66% |
| Pension and profit-sharing plans | 2% | 4% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 275 | $123M | 29.0% | $448K |
| High-net-worth individuals | 96 | $282M | 66.4% | $2.93M |
| Pension and profit-sharing plans | 8 | $18.4M | 4.3% | $2.3M |
| Corporations and other businesses | Fewer than 5 | $819K | 0.2% | — |
| Total | 379 | $424M | 100% | — |
- Clients
- 275
- Regulatory AUM
- $123M
- AUM share
- 29.0%
- Avg. per client
- $448K
- Clients
- 96
- Regulatory AUM
- $282M
- AUM share
- 66.4%
- Avg. per client
- $2.93M
- Clients
- 8
- Regulatory AUM
- $18.4M
- AUM share
- 4.3%
- Avg. per client
- $2.3M
- Clients
- Fewer than 5
- Regulatory AUM
- $819K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 379
- Regulatory AUM
- $424M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Blackdiamond Wealth Management charges up to 1.25% a year for its Investment Management Services. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Retirement plan advisory services
- Retirement plan advisory services carry an annual asset-based fee of up to 1.00%, billed quarterly.
Sean Hollitz owns 75% or more of Blackdiamond Wealth Management. The leadership team of Blackdiamond Wealth Management includes Chief Investment Officer Kenneth Nuttall and Chief Compliance Officer Scott Ungar. It has 10 employees, 7 of them in advisory roles.
Leadership
- Scott UngarChief Compliance Officer
- Sean HollitzManaging Partner
- Kenneth NuttallChief Investment Officer
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 7 in advisory functions
- 7 state-registered reps
- 3 broker-dealer reps
- 7 insurance agents
- 2 soliciting firms
- Owns 75% or more of Blackdiamond Wealth Management, LLC
Sean Hollitz
Control person · since April 2017
Blackdiamond Wealth Management’s regulatory assets grew 3.3× from $128M (March 2021) to $424M (July 2026); clients rose from 206 to 379 and employees from 7 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $424M | 379 | 10 | 3 |
| April 2025 | $322M | 328 | 9 | 3 |
| June 2024 | $249M | 297 | 8 | 3 |
| March 2023 | $187M | 268 | 8 | 2 |
| January 2022 | $176M | 243 | 7 | 3 |
| March 2021 | $128M | 206 | 7 | 2 |
Besides its headquarters, Blackdiamond Wealth Management has 2 offices (2 private residences, listed without an address), with 1 listed address in New York.
New York · 1 listed address
- 31 Hudson Yards, Floor 10, Suite 55, New YorkHQ
Contact and registration details
- Legal name
- Blackdiamond Wealth Management, LLC
- Headquarters
- 31 Hudson Yards, Floor 10, Suite 55, New York, NY 10001
- Website
- blackdiamondwealth.com
- Phone
- 212-784-6999
- @blackdiamond-wealth
- SEC file
- 801-112524
- Founded
- 2017
- Structure
- Delaware LLC
- Fiscal year end
- December
Blackdiamond Wealth Management uses Charles Schwab ($384M) as custodian for its separately managed accounts. Blackdiamond Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $384M100%
At year end, Blackdiamond Wealth Management’s separately managed accounts were mostly in stocks (70%) and bonds (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $249M across 226 positions; the largest are Wisdomtree TR (4.1%), SPDR Series Trust (3.9%) and Apple Inc. (3.4%).
What the accounts hold
- Stocks70%
- Exchange-traded equities58%
- Non-exchange-traded equities12%
- Funds10%
- Registered funds7%
- Pooled vehicles3%
- Bonds14%
- Investment grade corporate bonds11%
- State and local bonds2%
- U.S. government and agency bonds1%
- Cash4%
- Other4%
- Fee based annuities3%
- Derivatives1%
Reported 13F holdings
- $249M
- Reported 13F value
- 226
- Positions
- 29.5%
- In the 10 largest
- +19.6%
- Value vs. prior quarter
- Wisdomtree TR · Floatng Rat Trea4.1%
- SPDR Series Trust · ST Str P500etf3.9%
- Apple Inc.3.4%
- Microsoft Corp.3.3%
- Nvidia Corporation3.1%
- iShares TR · Core S&P Ttl Stk2.8%
- Pacer Fds TR · Metaurus Cap 4002.4%
- Capital Group Dividend Value · Shs Creat Unit2.3%
- Alphabet Inc. · Cap Stk CL A2.2%
- Amazon Com Inc.2.1%
Together, the ten largest are 29.5% of reported value.
How many clients does Blackdiamond Wealth Management have?
Blackdiamond Wealth Management has 379 clients and manages $424 million for them, as of July 2026. They include 275 individual clients, 96 high-net-worth individuals, and 8 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 July 2026
What services does Blackdiamond Wealth Management offer?
Blackdiamond Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, education planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Blackdiamond Wealth Management charge?
Blackdiamond Wealth Management charges up to 1.25% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.
Source: FORM ADV2A, 2B AND PRIVACY POLICY, filed 9 July 2026
Which custodians does Blackdiamond Wealth Management use?
Blackdiamond Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $384M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 July 2026
How many financial advisors does Blackdiamond Wealth Management have?
Blackdiamond Wealth Management has 7 investment adviser representatives registered with state securities authorities, out of 10 employees, and 7 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 7 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Blackdiamond Wealth Management invest in?
At the end of its last fiscal year, Blackdiamond Wealth Management’s separately managed accounts held 58% exchange-traded equities, 12% non-exchange-traded equities, 11% investment grade corporate bonds, 7% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 3% pooled vehicles (private funds and similar), 3% other, 2% state and local bonds, 1% U.S. government and agency bonds and 1% derivatives. The 3% other category is described as: Fee Based Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blackdiamond Wealth Management?
Blackdiamond Wealth Management’s direct owner is Sean Hollitz (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 July 2026
How does Blackdiamond Wealth Management get paid?
Blackdiamond Wealth Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Blackdiamond Wealth Management?
Blackdiamond Wealth Management’s main office is at 31 Hudson Yards, Floor 10, Suite 55, New York, NY 10001. Its phone number is 212-784-6999. Its website is blackdiamondwealth.com.