Saul Fraiman, a renowned jewelry designer whose creations have graced the red carpet, is retiring after nearly six decades in the business. Known for his expertise in diamonds and his passion for the craft, Fraiman’s retirement marks the end of an illustrious career that began in 1965.
This is Fraiman’s second retirement. In 2017, he stepped down from his role at Julius Klein Group, where he had worked since 1994. However, the allure of the jewelry industry proved irresistible. In 2019, he was persuaded by Moshe Klein, former principal of Julius Klein, to join Grandview Klein Diamond Group as the principal jewelry designer.
Fraiman reflects on his upcoming retirement with mixed emotions. “I’ll definitely miss the business,” he said. “But I’ll be back to visit. I’m only a couple of hours away.” Despite stepping away from the daily grind, his love for the industry remains strong.
Fraiman’s journey into the world of jewelry began in 1965 when he took a job at a charm manufacturer. He soon joined forces with legendary diamantaire William Goldberg, who became a mentor. From the outset, Fraiman was captivated by the artistry of jewelry creation. “I loved the business,” Fraiman recalls. “I saw the magic in creating jewelry… There’s just something about a diamond—holding a natural diamond in a tweezer and louping it gives me great joy.”
In 1968, Fraiman founded the Rolling Stone Diamond Co., which later evolved into Fraiman & Associates. The company specialized in fancy-shape and fancy-color diamonds, working with an exclusive roster of clients—although Fraiman has always adhered to the trade’s code of discretion and declines to name them.
“I put my heart and soul into everything I did,” he said. “Hard work never frightened me. I’d get up at 5 in the morning and think about what I was trying to do and work until midnight if I had to. And then the next day, I’d get on a plane to Antwerp or Israel.”
Even after almost 60 years in the business, Fraiman’s passion remains undiminished. “On my way into the office today, I saw a jeweler who was working on a piece for [Grandview Klein],” he said. “I saw a phenomenal blue diamond and was suggesting how it should be set.”
Looking ahead, Fraiman plans to focus on family and community. He will continue his service as vice president of his local volunteer fire department and remains active as an EMT and ambulance driver. “I have other interests at this point in my life,” he said. “I like giving back and taking care of people.”
Fraiman’s retirement closes a remarkable chapter in the jewelry world, but his legacy, fueled by his passion and dedication, will continue to resonate.
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