Deborah Aronson, Author at Diamond Consultants: Financial Advisor Recruiting Firm

Working from Home: For Some Advisors, It’s a Test Drive of Independence

By Deborah Aronson, WealthManagement.com – Long before the pandemic hit, the independent space was gaining traction among advisors craving greater control over their business lives along with a better way to serve clients. Yet, there’s a population of advisors who watched from the sidelines as their respected colleagues made the leap. That is, advisors who had growing frustrations with their firms’ and yearned for the freedom and flexibility of independence, but were besieged by concerns about leaving the comfort, familiarity and infrastructure of the brokerage model.

Pittsburgh-Based Advisor Launches $400M Indy With Dynasty

By Joyce Blay, FA Magazine – Wealth advisor Ahmie E. Baum has partnered with Dynasty Financial Partners to launch new independent RIA Interchange Capital Partners in Pittsburgh, the companies announced earlier this week.

$3.5 Million UBS Broker Goes Indy, RBC Nabs Wells Vet with $250-Mln Book

Diamond Consultants Mentioned – By Vicky Ge Huang, AdvisorHub – UBS Wealth Management, Wells Fargo Advisors and Merrill Lynch lost veteran brokerage teams cumulatively managing over $1 billion in client assets in the past few days to non-wirehouse rivals.

$400m ex-UBS team launches Dynasty-backed RIA

By Ian Wenik, Citywire – Dynasty Financial Partners has launched its second RIA in a three-day span. The middle and back-office service provider said Thursday that it has partnered with new Pittsburgh-based Interchange Capital Partners, a seven-person ex-UBS team.

Rockefeller Hires $4.5-Mln Morgan Stanley and $3-Mln Merrill Teams

AdvisorHub Staff – Rockefeller Capital has added two more wirehouse notches to its widening belt, recruiting a $1.5 billion-asset team from Morgan Stanley Private Wealth in New York and a Philadelphia-area team from Merrill Lynch Wealth Management servicing about $500 million of client assets, according to sources.

Looking at Sunset from 2 Sides: A Senior Advisor’s Perspective

By Deborah Aronson – Consider this: You’re the senior most advisor on a multi-generational team managing nearly a billion in assets at a firm you’ve been with for three decades. Over the years, you’ve assembled a stellar group of seasoned, mid-career advisors, as well as several more junior partners. And it’s a great team—clients consistently acknowledge the high level of service they receive.

Is Deferred Compensation Holding You Captive?

By Deborah Aronson – There’s a battle for control taking place between big brokerage firms and the advisors who work for them—a battle that advisors are losing more of as each year goes by. Deferred compensation often serves as the firms’ ammunition – a way to control behavior and keep advisors in their seats – in an attempt to stave off attrition.

Merrill Advisors: Is Deferred Compensation Holding You Captive?

By Deborah Aronson – There’s a battle for control taking place between big brokerage firms like Merrill and the advisors who work for them—a battle that advisors are losing more of as each year goes by. Deferred compensation often serves as the firms’ ammunition – a way to control behavior and keep advisors in their seats – in an attempt to stave off attrition.

Sanctuary adds $100m UBS breakaway in San Francisco

By Ian Wenik, Citywire – Sanctuary Wealth has added a former UBS broker in San Francisco to its platform. Courtney Jones left the wirehouse on Friday to found Credo Wealth Management, according to her Securities and Exchange Commission (SEC) registration details. AdvisorHub first reported Jones’ breakaway.

With Demand Comes Supply: Independent Options for Advisors in the $50 to $150 Million Range

By Deborah Aronson – A new breed of service providers has emerged, designed to cater to the needs of a growing population of financial advisors who have their sights set on independence. For a population of advisors that previously had limited options in the independent landscape, a new world awaits.

Posts by Deborah Aronson

About Deborah Aronson