SEC-registered independent wealth management RIA
Blue Diamond Capital Investment Advisors
As of its Form ADV filed March 31, 2026, Blue Diamond Capital Investment Advisors, an SEC-registered independent wealth management RIA in Provo, Utah, reported $301.4 million in regulatory assets under management across 33 accounts, ranking #50 among independent RIAs in Utah by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 333059
- SEC file number
- 801-131918
- Registered since
- February 21, 2025
- Latest Form ADV filing
- March 31, 2026
- Legal name
- BLUE DIAMOND CAPITAL INVESTMENT ADVISORS, LLC
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $301.4 million
- Discretionary
- $0 (0.0%)
- Non-discretionary
- $301.4 million
- Accounts
- 33 (0 discretionary)
- Clients
- 10, approximate as reported
- Employees
- 3
- Advisory staff
- 2 performing investment advisory functions
- Average account
- $9.1 million
- Asset growth, 1 year
- -6.6% (from $322.8 million a year earlier)
- Asset growth, 3-year annual rate
- Not reported
- Asset growth, 5-year annual rate
- Not reported
- Client growth, 1 year
- 25.0% (from 8)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Utah | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #3,980 | #50 | $301.4 million |
| Fastest-growing independent RIAs over one year | #6,545 | #68 | -6.6%from $322.8 million |
| Independent RIAs with the most clients | #17,769 | #214 | 10 |
| Independent RIAs with the most accounts | #15,061 | #190 | 33 |
| Independent RIAs with the most advisory staff | #6,488 | #91 | 2 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| September 2, 2025 | $322.8 million |
| October 2, 2026 | $301.4 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals fewer than 5 clients | $211.0 million | |
| Pooled investment vehicles 10 clients | $81.4 million | |
| Individuals (other than high net worth) fewer than 5 clients | $9.0 million | |
| Charitable organizations fewer than 5 clients | $49,917 |
How the firm is paid
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for pooled investment vehicles
Financial planning clients (Item 5.H): 1-10.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 10 private funds (Item 7.B).
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 2
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 2
0 of the firm's 2 IARs are registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Utah
| Firm | City | RAUM |
|---|---|---|
| Promontory Financial Planning, LLC | Farmington | $319.0 million |
| Blue Barn Wealth | Orem | $317.1 million |
| Scott Marsh Financial, LLC | Salt Lake City | $313.0 million |
| Keeler Thomas Management LLC | Orem | $305.5 million |
| Tencap Wealth Coaching | South Jordan | $285.0 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Blue Diamond Capital Investment Advisors on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: bdc-ia.com
- Independent RIAs in Utah
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.