Louis Diamond Quoted – By Sam Del Rowe, Financial Advisor IQ – Financial advisors have several ways of dealing with clients who may be behaving erratically, including freezing their accounts. But what’s the course of action when it’s the advisor exhibiting cognitive decline?
Louis Diamond Quoted – By Miriam Rozen and Mason Braswell, AdvisorHub – With UBS Wealth Management USA’s reporting this week of an unusual net outflow of advisory assets in the second quarter, executives may be feeling some nostalgia for a longstanding award that was excised from broker compensation plans this year.
Louis Diamond Quoted – By Hayley Cuccinello, Business Insider – Cresset uses creative compensation deals and equity to recruit top private bankers.
Jason Diamond Quoted – By Diana Britton – Edward Jones announced last month it was expanding its teaming options to allow for “more flexibility and choice” for its nearly 19,000 advisors and branch support members across the country.
Louis Diamond Quoted – By Hayley Cuccinello, Business Insider – For top financial advisors, switching firms can lead to a life-changing windfall, but it comes with strings attached.
Louis Diamond Quoted – By Mason Braswell, AdvisorHub – Edward D. Jones & Co., the largest full service brokerage firm by its almost 19,000 brokers, has lost its biggest hitter.
Louis Diamond Quoted – By Hayley Cuccinello, Business Insider – With the stock market tumbling and IPOs at a standstill, many banks have enacted hiring freezes. Layoffs loom large, and already thousands of mortgage lenders at Wells Fargo and JPMorgan have been laid off due to interest rate hikes.
Louis Diamond Quoted – By Emily Dattilo, Financial Advisor IQ – In-Person or Remote: Either Works, but it’s Decision Time. Ambiguity in a company’s work arrangement policy can lead to lost job candidates.
Mindy Diamond Interviewed – By Jane Wollman Rusoff, ThinkAdvisor – ThinkAdvisor recently interviewed Diamond, who was on the phone from her firm’s base in Morristown, New Jersey. When the conversation pivoted to wirehouses’ retire-in-place programs, she called the trend “a pretty powerful force” — “a blessing and a curse.”
Louis Diamond Quoted – By Diana Britton, WealthManagement.com – Integrated Partners Introduces W-2 Employee Model. The RIA hopes both to free up senior advisors to work on more complex tasks and offer opportunities for talent new to the industry.
