Case Study: Kimery Wealth Management achieves a seamless wirehouse-to-independent RIA transition and institutional SMA/alternative access with the Black Diamond Wealth Platform

Kimery Wealth Management - Customer Case Study

Kimery Wealth Management, a Memphis-based RIA managing $245 million for roughly 100 households, faced the challenge of leaving the wirehouse model while retaining access to UMAs and SMAs and securing reliable service. To recreate its client-first process as an independent firm, Kimery selected the Black Diamond Wealth Platform as its core solution and leveraged the Black Diamond / SMArtX integration for SMA and alternative access.

Using the Black Diamond Wealth Platform integrated with SMArtX, Kimery implemented a single, integrated brokerage solution that delivers institutional-quality managers, alternatives, individual securities, funds and ETFs with competitive SMA pricing. The 2017 implementation produced a smooth transition—clients barely noticed the change—allowed the firm to maintain high-quality, actively managed portfolios, and positioned Kimery Wealth Management to continue growing its business while preserving service levels across its $245M AUM.

Kimery Wealth Management

Kevin Kimery

President and CEO