Video Interview: New Views of the RIA Model
Mindy Diamond interviewed for Schwab Advisor Services.
Recruiting roundup: Mercer’s new compliance chief and Louis Diamond promoted
Mindy Diamond and Louis Diamond Quoted – By Ian Wenik, Citywire – RIA consulting and recruiting firm Diamond Consultants is keeping things in the family. The firm’s founder, Mindy Diamond, has elected to relinquish the title of president to her son, Louis, while retaining her CEO role. Louis Diamond will take over responsibility for Diamond Consultants’ day-to-day operations and advisor consulting practice, the company said.
Industry Update: 7 Real-World Lessons We Learned on Succession Planning
The real intent of succession planning is to “future-proof” the business—by developing a strategic guide that builds upon the leader’s vision with a focus on sustainable scale and continual growth for the future of the firm. Mindy and Louis Diamond share key lessons from their succession planning journey, plus the art of “co-leadership,” choosing a successor, and more.
5 Lessons Learned in Our Own Succession Planning Process
By Mindy Diamond – Almost every business journey starts the same way: An ambitious entrepreneur dreams of building an enterprise that will stand the test of time. However, I’ve seen far too many leaders — particularly those in the wealth management space — achieve their dreams of building a successful business, only to recognize the need to create a succession plan far too late in their journey. It doesn’t have to be this way.
Diamond Consultants Names Louis Diamond President To Increase Advisors’ Access to Personalized, Unbiased Career Counsel
Louis Diamond to join CEO Mindy Diamond in expanding the firm’s signature 360-degree counsel and industry-leading commentary; will lead the transformation of the firm into a streamlined enterprise.
Recruiter Diamond Consultants Names New President
Mindy Diamond and Louis Diamond Quoted – By Janet Levaux and Jeff Berman, ThinkAdvisor – Diamond Consultants has named Louis Diamond as its new president. Louis, previously executive vice president, takes the baton from Mindy Diamond, who remains CEO of the advisor recruiting and search firm she founded in 1998. The mother and son will continue to serve as consultants to advisors considering their career options.
From Intern to CEO: How an Accidental Entrepreneur Built a $50B+ RIA Empire
How did Buckingham Wealth Partners become a $50B+ mega-RIA enterprise? CEO Adam Birenbaum shares his M&A strategy, the role of an investment partner, plus advice for prospective breakaways and independent advisors, dealmaking red flags and more in this interview with Louis Diamond.
The Limitations of Building a Billion-Dollar “Boutique Firm” within a Wirehouse: A UBS Breakaway Story
As a wirehouse advisor, Terry Cook found it became too difficult at UBS to meet the increasing demands of his high net worth clients. The only way to act as a true fiduciary meant “taking the ankle weights off” by making the leap to independence.
The Best of 2020: Top Advice from 10 Independent Business Owners
Advice from the top 10 independent advisors featured in 2020, a special episode representing the 100th in this podcast series for financial advisors. It’s a distillation of key commentary that answers the threshold question: Why independence?
How “The Year Unlike Any Other” Will Reshape Wealth Management in 2021
By Mindy Diamond, WealthManagement.com – No one could have predicted what 2020 had in store for us, yet through it all, many financial advisors are finding themselves better off because of it. That said, there’s a certain groundwork that’s been laid for 10 trends emerging in 2021.
