Philip Blancato
Philip Blancato is a registered investment advisor at Black Diamond Financial, LLC, based in New York, NY, with 28 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 85 clients with $370M 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 are negotiable, especially for accounts above $2,000,000. The firm also offers a wrap fee program with fees negotiable up to 1.75%.
Fee Estimator
Location
640 Fifth Avenue, 4th Fl., New York, NY, 10019
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
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