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Diamond Consultants: Financial Advisor Recruiting FirmDiamond Consultants: Financial Advisor Recruiting Firm
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In the News

To build a successful practice, start with the future in mind

Posted by Louis Diamond

Financial Planning

Louis Diamond Quoted
By Bruce W. Fraser

One way to build an advisory practice is to re-imagine what the firm will look like in one, three and five years, and plan for those goals.

A slight variation on this strategy is to look at the business through the eyes of a possible future acquirer, says Louis Diamond, vice president and senior consultant at Diamond Consultants in Morristown, New Jersey.

“Businesses that are predominantly or all fee-based with a select group of [high-net-worth] clients, focused on comprehensive wealth management, are systemized with regards to prophesies, technology, and talent development represent ideal attributes acquirers look to when valuing firms,” he says.

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About Louis Diamond

President – Someone who “looks at every angle from a strategic perspective.” Sophisticated advisors and business owners alike learn quickly that they’ve found the right person in Louis when seeking counsel and clarity on growth, career management and the ever-changing industry landscape. Learn more...

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