Howard Diamond Quoted
By Andrew Welsch
Raymond James & Associates recruited an advisor team managing $900 million in assets to open its first office in Manhattan.
The four-person advisor team left J.P. Morgan Securities, where they generated $6.7 million in annual revenue. This latest addition is Raymond James’ biggest recruiting grab of the year, and furthers the firm’s growth objectives in the Northeast.
Howard Diamond, managing director and general counsel of Diamond Consultants, says he’s not surprised by Raymond James’ latest recruiting coup.
“Raymond James has a phenomenal culture and it comes out if you take a trip to St. Petersburg [where the firm is based],” he says.
