PHILIP S. BLANCATO
CEO
BLACKDIAMOND LLC
PRESIDENT AND CHIEF EXECUTIVE OFFICER
LADENBURG THALMANN ASSET MANAGEMENT
CHIEF MARKET STRATEGIST
OSAIC WEALTH
Philip Blancato is the CEO and Co-Founder of Black Diamond RIA, a federally registered investment adviser with assets in excess of 300 million under management. He is also President and CEO of Ladenburg Thalmann Asset Management, Chairman of the Ladenburg Investment Policy Committee and Chief Market Strategist at Osaic.
Philip is a thirty-four-year veteran of the financial services industry with a specialized knowledge of portfolio and risk management, asset allocation, and macro-economic theory as well as constructing and implementing seamlessly integrated platforms of fee-based solutions. Prior to joining Ladenburg Thalmann, Philip worked for PowellJohnson as the Managing Director of Advisory Services where he directed the creation and implementation of a suite of fee-based platforms. Philip also worked for Prudential Securities beginning in 1990 where he held various positions within the Investment Management Services division. In 1996 he assumed the role of First Vice President and Director of Portfolio Management Programs. His primary function was to develop and improve upon the
positioning and functionality of discretionary fee-based programs. During Philip’s tenure the Portfolio Management division became one of the most successful divisions within Prudential Securities, with assets in excess of $16 billion.
In 1990 Philip received a Bachelor of Science in Finance from Kean University, and in 1998 a Marketing Continuing Education degree from New York University. In 2003 he became an Accredited Investment Fiduciary, and in 2005 he completed the Securities Industry Association accredited program at Wharton Business School.
Philip has been quoted several times in the Wall Street Journal and Reuters, frequently appears on CNBC and Fox Business, and speaks at industry conferences on topics such as investment management, portfolio risks and diversification, and alternative investments.
President and CEO of Ladenburg Thalmann Asset Management, Chairman of the Ladenburg Investment Policy Committee and Chief Market Strategist at Advisor Group.
Phil can be reached at Phil@bdfria.com or 908-410-4660
JAIME DESMOND
PRESIDENT
BLACK DIAMOND LLC
CHIEF OPERATING OFFICER
LADENBURG THALMANN ASSET MANAGEMENT
Jaime is President and Co-Founder of Black Diamond RIA, a federally registered investment adviser with assets in excess of 300 million in under management. Jaime is also the Chief Operating Officer of Ladenburg Thalmann Asset Management. She oversees legal, compliance and operations and is directly responsible for product and personnel management, marketing strategy, and strategic partnerships. In 2016, Jaime was named as one of the 50 Top Women in Wealth Management by Private Asset Management Magazine. She has appeared on CNBC and Reuters and contributed articles to various industry publications. Jaime is a member of the Advisory Board for the Osaic Women Forward initiative which provides educational and networking opportunities for female financial professionals.
Jaime joined Ladenburg Thalmann from PowellJohnson where she was an Associate Director of Advisory Services where she created and managed the suite of fee-based platforms and established a career development program for the firm's Advisors with a specific focus on fiduciary responsibilities, Advisor coaching and team building. Prior to PowellJohnson, Jaime worked for Prudential Securities as an Associate Vice President and Manager of the Prudential Securities Portfolio Managed department overseeing 500 Financial Advisors and $4 billion in assets under management. She started her career at PaineWebber in the training department, as the program coordinator for the Investment Management Consulting program, a specialized portfolio management training course. Jaime received a Bachelor of Arts from Pennsylvania State University and completed the Accredited Investment Fiduciary course.
Jaime can be reached at Jaime@bdfria.com or 201-214-2104