Barbara Herman Quoted – By Asia Martin, WealthManagement.com – When Emily Bowersock Hill read about Evans May Wealth joining Sanctuary Wealth Management from Merrill Lynch in 2019, she found a familiar story. The Indianapolis-based women-led firm sounded a lot like that of The Hill Group, a practice she started with her now retired father, Stephen Hill, that managed $500 million at Morgan Stanley.
Louis Diamond Quoted – By Jacqueline Sergeant, Financial Advisor – The pandemic has weakened, recession has taken a back seat, advisors have eased up on the brakes and recruiters in the independent broker-dealer space are at the ready, or have already begun, to deliver the goods. All signs for record-pace advisor movement within the industry in the months ahead. Louis Diamond discusses the motivations behind these moves…
Louis Diamond Quoted – By Asia Martin, WealthManagement.com – With his firm’s two-year anniversary coming up in July, Bruce K. Lee, head advisor and founder of Keebeck Wealth Management in Chicago, is celebrating the addition of a Columbus, Ohio branch and two new advisors focused on professional athletes.
By Mindy Diamond, WealthManagement.com – This crisis by far is proving to be the most challenging—testing the strength of everyone’s client relationships, business practices and, most certainly, individual fortitude. Here are 10-steps to help you adjust your focus and move forward positively into the new world.
Mindy Diamond Mentioned – By Ann Marsh, OnWallStreet – Ahmie Baum knows something about transitions. After all, the longtime ex-UBS advisor who began his wirehouse career at E.F. Hutton in 1979 has been counseling clients on how to “navigate the known and the unknown” when they sell their businesses or retire from executive, medical or legal careers for 40 years.
Mindy Diamond Featured – By Jake Martin, Citywire – Mindy Diamond stood to collect a hefty fee from yet another big deal that was cruising toward completion, and her stomach was in knots. The principal of an independent advisory firm managing $1bn or so in assets was deep into the process ofselling his business to a larger shop, in the $3bn-$4bn AUM range. Diamond was shepherding the seller through the transaction.
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.
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.
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.
By Ross Snel, Barron’s – A financial advice team that managed $1.2 billion at UBS has taken the leap to independence with the assistance of Dynasty Financial Partners. So reports WealthManagement.com, which writes that the new firm will be called Cyndeo Wealth Partners. The name comes from the Greek word syndeo, which means “connect.”
