A conversation with Louis Diamond and Jason Diamond
Additional commentary from Louis Diamond and Jason Diamond on the 2022 Advisor Transition Report, featuring the latest full year data on financial advisor movement, transition deals, and transition case studies.
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NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation.
About this episode…
In Q3 of 2022, we embarked upon an informational journey to explore trends in advisor movement over the first half of the year. Our goal: To answer the questions we regularly hear from our advisor-clients.
So here we are again, 8 months later, and that goal is a loftier one: With our sights set on analyzing the entire year of 2022.
While accurate advisor movement data is notoriously difficult to obtain, by design, this report serves as a framework for advisors who are curious about a changing wealth management industry landscape and the impact of those changes on their businesses.
Louis Diamond and Jason Diamond take the mic to discuss the findings of the latest report and to share answers to key questions, including:
- Which firms are having the most and least success recruiting and retaining advisor talent?
- Which business models are advisors finding most attractive?
- Why are advisors at big brokerages and independent firms alike changing jerseys?
- What are the most influential and largest transitions made during the year?
- Why are advisors changing jerseys with such frequency?
- How are some firms able to recruit consistently and successfully while others struggle to do so?
- Where are advisors moving to and from?
- What are advisors being paid to make such moves?
Plus, they share good news: Even with massive headwinds, 2022 was an active one for advisor movement. Listen in for the details and be sure to download the latest report at the link below.
Download the Transition Report
Diamond Consultants Advisor Transition Report 2022
Data, Perspectives, and Analysis on Advisor Movement Encompassing the Entire Year of 2022. Download->
Diamond Consultants Advisor Transition Report
An Update on Advisor Movement in the Wealth Management Industry: H1 2022. Download ->
An Update on Advisor Movement in the Wealth Management Industry: H1 2022
A special episode introducing the Diamond Consultants Transition Report, the first of a semi-annual review of advisor movement in the wealth management industry. Learn 10 key trends from the comprehensive, data-driven report of financial advisor movement over the first 6 months of 2022. Listen->
Financial Advisor Transitions: 8 Observations from Movement Trends in the First Half of 2022
Ultimately, the first half of 2022 has proven that advisors are the real winners as firms have stepped up their games to become attractive landing spots with strong recruitment deals to match.
What’s in it for Clients? 7 Ways They Can Benefit from an Advisor’s Transition
Many advisors cite “improving client service” as the catalyst for a move—but knowing what the real impact will be is critical. Read->
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