Jaime Desmond is a registered investment advisor at Black Diamond Financial, LLC, based in Lavallette, NJ, with 24 years of industry experience. Jaime 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
Lavallette, NJ
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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 Activities
Jaime is the VP of a co-op board, spending minimal time per month, and the President of Black Diamond Financial LLC, spending a few hours per week. Jaime also serves as Social Chair for Silver Beach Association, dedicating minimal time annually.
Employment History
Current Registrations
Black Diamond Financial, LLC
Ladenburg Thalmann Asset Management INC
Ladenburg Thalmann & CO. INC.Broker
Ladenburg Thalmann & CO. INC.
Previous Registrations
Powelljohnson
Powelljohnson
PowelljohnsonBroker
Prudential Securities IncorporatedBroker
State Registrations20 states
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