Black Diamond Financial, Llc
- Regulatory AUM
- $1.4B
- Discretionary
- $1.2B
- Clients
- 361
- Avg AUM / client
- $3.8M
- Accounts
- 1,261
- Employees
- 17
AUM over time
Annual snapshots from Form ADV filings · as of Mar 23, 2026
Investments (13F portfolio — 185 positions, $916,473,188)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Vanguard World Fd | MEGA CAP VAL ETF | $106,865,933 | 737,261 | 11.7% | 7.8% |
| 2 | Vanguard World Fd | MEGA GRWTH IND | $76,601,673 | 208,474 | 8.36% | 5.59% |
| 3 | Ishares Tr | CORE US AGGBD ET | $44,628,892 | 449,571 | 4.87% | 3.26% |
| 4 | Schwab Strategic Tr | US LCAP VA ETF | $43,035,969 | 1,411,012 | 4.7% | 3.14% |
| 5 | Spdr Series Trust | STATE STREET SPD | $42,620,202 | 1,487,097 | 4.65% | 3.11% |
| 6 | Schwab Strategic Tr | US LCAP GR ETF | $36,708,853 | 1,260,173 | 4.01% | 2.68% |
| 7 | Vanguard Index Fds | GROWTH ETF | $29,644,945 | 67,870 | 3.23% | 2.16% |
| 8 | Schwab Strategic Tr | INTL EQTY ETF | $27,796,228 | 1,123,076 | 3.03% | 2.03% |
| 9 | Vanguard World Fd | MEGA CAP INDEX | $26,494,446 | 112,098 | 2.89% | 1.93% |
| 10 | Fidelity Covington Trust | MSCI RL EST ETF | $22,262,672 | 827,301 | 2.43% | 1.62% |
| 11 | Ishares Tr | ISHS 5-10YR INVT | $22,204,557 | 417,222 | 2.42% | 1.62% |
| 12 | Vanguard Index Fds | MCAP GR IDXVIP | $21,352,859 | 82,972 | 2.33% | 1.56% |
| 13 | Schwab Strategic Tr | US LRG CAP ETF | $20,192,310 | 787,533 | 2.2% | 1.47% |
| 14 | Lindblad Expeditions Hldgs I | COM | $18,482,663 | 1,068,362 | 2.02% | 1.35% |
| 15 | Ishares Tr | MRGSTR MD CP VAL | $18,410,144 | 217,137 | 2.01% | 1.34% |
| 16 | Ishares Tr | NATIONAL MUN ETF | $17,887,974 | 168,516 | 1.95% | 1.31% |
| 17 | Ishares Tr | ISHS 1-5YR INVS | $17,768,962 | 338,070 | 1.94% | 1.3% |
| 18 | Vanguard Index Fds | VALUE ETF | $17,665,899 | 90,040 | 1.93% | 1.29% |
| 19 | Schwab Strategic Tr | SHT TM US TRES | $17,549,679 | 723,101 | 1.91% | 1.28% |
| 20 | Vanguard Index Fds | SM CP VAL ETF | $16,084,155 | 74,035 | 1.76% | 1.17% |
| 21 | Vanguard Index Fds | MID CAP ETF | $12,391,821 | 43,150 | 1.35% | 0.9% |
| 22 | Vanguard Tax Managed Fds | VAN FTSE DEV MKT | $11,880,239 | 185,397 | 1.3% | 0.87% |
| 23 | Ishares Inc | CORE MSCI EMKT | $11,734,300 | 168,232 | 1.28% | 0.86% |
| 24 | Ishares Tr | MRGSTR SM CP GR | $9,651,429 | 176,121 | 1.05% | 0.7% |
| 25 | Apple Inc | COM | $9,533,940 | 37,566 | 1.04% | 0.7% |
Top 25 of 185 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 117 | $90.6M | 6.61% |
| High net worth individuals | 218 | $1.0B | 75.7% |
| Pooled investment vehicles (non-investment companies) | 3 | $50.2M | 3.66% |
| Pension and profit sharing plans | 6 | $91.8M | 6.7% |
| Charitable organizations | 7 | $83.7M | 6.11% |
| Corporations and other businesses | 10 | $16.5M | 1.2% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $890K combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Black Diamond Financial Access Holdings Fund Ii feeder | Private Equity Fund | Delaware | $890K | 45 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| St. John Properties 401(k) Retirement Plan St. John Properties, Inc. | 2024 | |
| Architectural Ceramics 401(k) Psp And Trust Architectural Ceramics, Inc. | 2024 | |
| University Bancorp, Inc. Employee Stock Ownership And Retirement Savings Plan University Bancorp, Inc. | Ann Arbor, MI | 2024 |
People (14)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Matthew Paul Goette | Member/Chief Compliance Officer | CFP CFA | Aug 2007 (19y) | 50% – 75% |
| Lindsay Dyson Dryden | Trustee | Apr 2013 (13y) | ≈ 18.75% – 50% via Dryden Capital Management Trust | |
| David Alan Zinreich | Registered representative | CFP | Nov 2013 (13y) | |
| Paul William Svendsen | Registered representative | Personal Financial Specialist | Oct 2016 (10y) | |
| Derek Edwin Holdredge | Registered representative | Mar 2022 (4y) | ||
| Brigitte Strobl | Registered representative | CFP | Jan 2023 (4y) | |
| Jeffrey Allen Nattans | Registered representative | Mar 2024 (2y) | ||
| Robert Jeremy Tobin | Registered representative | Apr 2024 (2y) | ||
| Chase Llewellyn | Registered representative | Sep 2024 (2y) | ||
| Erin Lea Weber | Registered representative | CFP | Apr 2025 (1y) | |
| Troy Coleman Murphy | Registered representative | Jul 2025 (1y) | ||
| Chahat Kumari | Registered representative | Oct 2025 (1y) | ||
| Alexander Roesner | Registered representative | CFP | Dec 2025 (1y) | |
| Jordan M Fisher | Registered representative | CFA | Mar 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Dryden Capital Management Trust | Owner | Apr 2013 | A | 25% – 50% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Lindsay Dyson Dryden: 75% – 100% of Dryden Capital Management Trust × 25% – 50% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $890K gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Black Diamond Financial Access Holdings Fund Ii | Private Equity Fund | $890K | $100K | 45 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| St. John Properties 401(k) Retirement Plan | St. John Properties, Inc. | 248 | $54.3M | 01/01/2024 |
| Architectural Ceramics 401(k) Psp And Trust | Architectural Ceramics, Inc. | 92 | $4.7M | 01/01/2024 |
| University Bancorp, Inc. Employee Stock Ownership And Retirement Savings Plan | University Bancorp, Inc. | 494 | $35.9M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/23/2026 | 1.58 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $1.2B (89% of AUM) Mar 2026
- The Vanguard Group, Inc. $53.8M (10% of AUM) Oct 2023
- Tiaa/Cref $2.5M (0% of AUM) Oct 2023
- Tiaa Financial Services $2.1M (1% of AUM) Jun 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 23, 2026.
View current Form ADV (SEC/IAPD) ↗