Louis Diamond Quoted
By Michael Thrasher
Linda Pardini and Douglas Wulbrecht, who were previously employed by Wells Fargo Advisors and managed $462 million, are opening a new Raymond James office in Santa Rosa and will report to the complex headed by Nathan Clakley. Pardini and Wulbrecht will both be vice presidents at Raymond James.
In the past, Raymond James was not a sought-after destination for advisors but that has changed and the firm has some recruiting momentum on its side, according to Louis Diamond, an executive vice president at Diamond Consultants, a recruiting and consulting firm. Raymond James is a client of Diamond Consultants.
Diamond also said while Raymond James has improved the compensation for new recruits, “people still don’t go there because of the deal or a better paycheck.” The firm’s culture is often what attracts advisors.
