Mindy Diamond Quoted
By Liz Skinner
The total number of U.S. financial advisers is still shrinking, but the decline in adviser ranks may have hit bottom for now, according to researchers.
“It’s not surprising that the number of advisers is down in the bank and brokerage channels because of the momentum of advisers moving to the independent space,” said Mindy Diamond, an industry recruiter with an eponymous firm. “But it’s surprising that overall adviser headcount is down.”
