BlackDiamond Wealth Management
BlackDiamond Wealth Management is a privately held, referral-only New York-based RIA founded in 2005 by Sean Hollitz, providing holistic financial planning — investment, retirement, estate, tax, and risk management — to high-net-worth individuals and families, with an adjacent insurance subsidiary.
- Company typePrivate
- Founded2005
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What BlackDiamond Wealth Management does
BlackDiamond Wealth Management is a privately held, New York-based registered investment advisor founded in 2005 by Sean Hollitz. The firm delivers holistic financial planning — including investment management, retirement planning, estate planning, tax strategies, and risk management — to high-net-worth individuals and families, operating on a referral-only model that grows solely through existing client recommendations.
The practice does not build proprietary technology; instead, it composes a third-party stack to operationalize its service: Orion Advisor for account/portfolio access, eMoney Elevation 360 for financial planning, HiddenLevers for risk assessment (exposed to prospects via a Risk Analysis Quiz), and Square for payment processing. The firm also operates a wholly-owned adjacent subsidiary, BlackDiamond Insurance Services, which offers personal and commercial coverage, policy design, and business succession strategies from a Coconut Grove (Miami) office.
The team of roughly 8-12 professionals includes Managing Partner Laurence Greenwald (25 years on Wall Street), Chief Investment Officer Ken Nuttall (17 years at JPMorgan), Managing Director of Financial Planning Debra Noble (ex-UBS, JPMorgan Private Bank), and several Financial Planning Associates, providing institutional-pedigree expertise within a boutique, relationship-led practice. Revenue is generated through advisory and financial planning fees against undisclosed AUM, with pricing not publicly disclosed. The firm distinguishes itself through an experiential, lifestyle-oriented brand (cocktail-themed culture, snowboarding heritage) and a pledge to donate 1% of annual revenue to environmental causes via membership in 1% For The Planet.
BlackDiamond Wealth Management firmographics
Firmographics- Name
- BlackDiamond Wealth Management
- Legal name
- BlackDiamond Wealth Management
- Website
- https://blackdiamondwealth.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- BlackDiamond Wealth Management is a privately held, referral-only New York-based RIA founded in 2005 by Sean Hollitz, providing holistic financial planning — investment, retirement, estate, tax, and risk management — to high-net-worth individuals and families, with an adjacent insurance subsidiary.
- Ownership category
- akta.pro rank
BlackDiamond Wealth Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Private Wealth Planning (Tax, Estate & Succession) (FSAAABAE)
- akta.pro secondary industries
- Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF), Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank) (FSABAAAJ)
Keywords
Where BlackDiamond Wealth Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
BlackDiamond Wealth Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Financial Planning and Wealth Management Services: As a wealth management firm, BlackDiamond generates revenue through financial planning fees and likely advisory fees. The firm provides holistic financial planning services including investment management, estate planning, retirement planning, and risk management.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
BlackDiamond Wealth Management product offering
Product offeringCore offering
BlackDiamond Wealth Management is a boutique, referral-only wealth management firm providing holistic financial planning services for high-net-worth individuals and families. Core offerings include investment management, retirement planning, estate planning, tax strategies, and risk management, delivered through personalized advisory relationships and supported by client portal access through third-party platforms.
Product overview
BlackDiamond Wealth Management is a single, unified wealth management service offering holistic financial planning. The primary offering is comprehensive financial advisory services, supplemented by a dedicated insurance subsidiary called BlackDiamond Insurance Services. The firm also provides client access portals through third-party platforms (Orion Advisor for account management, eMoney Elevation 360 for financial planning, and Square for payment processing). The main website serves as the primary client-facing platform for all service information, with no modular or add-on product architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Holistic Financial Planning and Wealth Management Full-service wealth management offering providing comprehensive financial planning including investment management, retirement planning, estate planning, and tax strategies for high-net-worth individuals and families, delivered through a referral-only model and one-on-one advisory relationships.
- BlackDiamond Insurance Services Insurance services subsidiary offering personal and commercial coverage, policy design, risk management, and business succession strategies for families and entrepreneurs, operated as a separate entity (blackdiamondins.com).
Companies that use BlackDiamond Wealth Management
Customer profileSegments1 record
Ideal customer profiles1 record
BlackDiamond Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
BlackDiamond Wealth Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- 1% For The PlanetminorBlackDiamond Wealth Management is a proud member of 1% For The Planet, committing 1% of their annual revenue to environmental causes. The organization funds environmental organizations across the globe and aids in finding efficient solutions to world problems.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
BlackDiamond Wealth Management competitors and assessment
Company assessmentBroad incumbents
- Creative Planning: Large independent RIA offering wealth management, estate, tax, and insurance planning to affluent and HNW households. Comparable comprehensive planning model with much greater scale and technology investment.
- Focus Financial Partners: Public RIA roll-up consolidating boutique wealth managers serving HNW clients. Directly comparable business model (partner-led boutique wealth advisory) with capital partner support — a relevant consolidation peer and acquirer for firms at BlackDiamond's stage.
- Hightower Advisors: National RIA platform acquiring boutique wealth firms serving HNW clients. Comparable in advisor-led, planning-centric approach; relevant as both peer and as a potential acquirer of BlackDiamond-scale RIAs.
- Carson Group: National wealth management firm offering holistic financial planning to HNW households through advisor partners. Comparable in HNW-targeted planning focus and advisor-led model, with substantially larger infrastructure and recurring-revenue emphasis.
- Mariner Wealth Advisors: Large national RIA serving HNW individuals and families with holistic financial planning, investment management, tax, and estate services. Directly comparable in scope (planning-led model, HNW/HUHNW clients) but at significantly greater scale and broader geographic reach than BlackDiamond.
Direct peers
- Buckingham Strategic Wealth: Fiduciary-focused RIA providing fee-only financial planning, investment management, and tax coordination for HNW clients. Comparable in advisor-led, planning-centric, fiduciary-first delivery model.
- Moneta Group: Employee-owned RIA providing comprehensive financial planning, investment management, and tax/estate services to HNW families. Closely comparable in ownership structure, holistic planning scope, and HNW client focus.
Emerging players
- Facet Wealth: Tech-enabled financial planning firm delivering holistic advice to affluent and HNW households via hybrid digital + CFP model. Comparable in planning-first positioning and HNW client emphasis, but differentiated by an asset-light, digital-first GTM versus BlackDiamond's referral-led relationship model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
BlackDiamond Wealth Management social profiles
Digital presenceBlackDiamond Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlackDiamond Wealth Management leadership team
Management profileNumber of profiles
Profiles11 records
BlackDiamond Wealth Management subsidiaries and ownership
Company hierarchySubsidiaries1 record
BlackDiamond Wealth Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlackDiamond Wealth Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BlackDiamond Wealth Management
What does BlackDiamond Wealth Management do?
BlackDiamond Wealth Management is a boutique, referral-only wealth management firm providing holistic financial planning services for high-net-worth individuals and families. Core offerings include investment management, retirement planning, estate planning, tax strategies, and risk management, delivered through personalized advisory relationships and supported by client portal access through third-party platforms.
Is BlackDiamond Wealth Management a public or private company?
BlackDiamond Wealth Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BlackDiamond Wealth Management founded?
BlackDiamond Wealth Management was founded in 2005. It employs 1 to 10 people.
Where is BlackDiamond Wealth Management based?
BlackDiamond Wealth Management is headquartered in New York, United States, in the North America region.
How does BlackDiamond Wealth Management make money?
One revenue line is on record: financial Planning and Wealth Management Services.
Who are BlackDiamond Wealth Management's main competitors?
Broad incumbents on record are Creative Planning, Focus Financial Partners, Hightower Advisors, Carson Group and Mariner Wealth Advisors. Direct peers are Buckingham Strategic Wealth and Moneta Group. Facet Wealth is listed as an emerging player.
Does BlackDiamond Wealth Management have an API?
No public API is recorded for BlackDiamond Wealth Management.
What industry is BlackDiamond Wealth Management in?
BlackDiamond Wealth Management's product category is Wealth Management. Its primary akta.pro industry code is FSAAABAE, Private Wealth Planning (Tax, Estate & Succession), with a secondary code of FSAAAAAF, Financial Planning & Goals-Based Advice (Mass Affluent). Its NAICS code is 523940 and its SIC code is 6282.