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Double Diamond Investment Group, LLC (Parsippany)


Double Diamond Investment Group, LLC is an adviser based in Parsippany. It manages $67 million of regulatory assets for 167 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, New Jersey, and New York.




Double Diamond Investment Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Double Diamond Investment Group: assets under management

The assets under management (AUM) of Double Diamond Investment Group, LLC is $67 million. The firm's AUM has gone down by -9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $35 million in discretionary accounts and $32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $486.11 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $336.84 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Double Diamond Investment Group, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Parsippany

The principal office where Double Diamond Investment Group, LLC performs its advisory services is located at 2001 Route 46, Parsippany, NJ 07054, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-352-6680 or by fax 973-658-8137. The normal business hours are 8:30am - 5:30pm on Monday - Friday.


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