Mindy Diamond Quoted
By Corrie Driebusch
Ileana Platt was put in a bind when Barclays PLC announced plans to pull out of the Latin American market for wealth management services.
The Miami-based financial adviser had joined Barclays in early 2013, and two-thirds of her clients live in Mexico, Panama, Peru and other Latin American countries.
UBS is increasing its recruiting efforts, offering top advisors deals of up to 550% of annual revenue while targeting experienced private bankers.
Advisors at some of the largest firms in the country are leaving, and not in a trickle. In 2024 alone, more than 9,600 experienced advisors changed firms, according to industry data from Diamond Consultants.
June 12, 2026Louis Diamond QuotedBy Andrew Cohen Median compensation for financial planners reached $195,000 in 2025, marking a 15% year-over-year
