Philip Blancato
Philip Blancato is a registered investment advisor at Black Diamond Financial, LLC, based in Nutley, NJ, with 29 years of industry experience. Philip is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 92 clients with $440M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2M+ | 1.25% |
Fees for amounts above $2,000,000 are negotiable. The firm also sponsors a wrap fee program with annual fees ranging up to 1.75%.
Fee Estimator
Location
Nutley, NJ
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Philip serves on the board of directors/treasurer for the Cambridge Heights Town House Complex, dedicating minimal time. He is also the CEO of Black Diamond Financial LLC and the Chief Market Strategist for Osaic Inc., spending a few hours per week on each activity.
Employment History
Current Registrations
Black Diamond Financial, LLC
Ladenburg Thalmann & CO. INC.
Ladenburg Thalmann Asset Management INC
Ladenburg Thalmann & CO. INC.Broker
Previous Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Powelljohnson
Powelljohnson
PowelljohnsonBroker
Prudential Securities IncorporatedBroker
State Registrations22 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
More Advisors
- John Donnelly, CFPLPL Financial LLC
- Richard Polo, PFSRetirement Wealth Management, LLC
- Jason Ellis, ChFCCommonwealth Financial Network
- Joseph Engler, CFPLPL Financial LLC