Howard Diamond Quoted
By Bruce W. Fraser
After 19 years at a large bank brokerage office in Basking Ridge, N.J., financial advisor Alan Becker joined the Florham Park, N.J., office of LPL Financial about a year ago.
The RIA model is popular because it is easy to understand and offers freedom and independence, says Howard S. Diamond, managing director and chief operating officer of Diamond Consultants, a recruiting and consulting firm in Morristown, N.J.
There is also greater predictability in terms of a revenue stream, he says.