‘Near record’ For Advisor Moves, Report Says
Jason Diamond Quoted – By Victoria Zhuang – With more career options than ever before, financial advisors have been job-hopping at a furious pace this year.
In the News
Our expertise is often sought by leading national media publications for bylined articles and to provide background and color to industry news.
Wirehouses Losing Advisors While Indies Add Them: Report
Mindy Diamond Quoted – By Alex Padalka, Financial Advisor IQ – Wirehouses Losing Advisors While Indies Add Them: Report
Morgan Stanley Tracks ‘financial DNA’ to Find Clients Hidden in Plain View
Jason Diamond Quoted – By Victoria Zhuang – Morgan Stanley plans to tease more wealth management clients out of its retirement and self-directed accounts by piecing together what the firm calls the “financial DNA” of each customer.
6 Missteps That Trip Up Brokers Who Leave Big Wall Street Firms
Louis Diamond Quoted – By Cheryl Winokur Munk, Barron’s – For wirehouse advisors considering a leap to the independent channel, getting the process right can mean the difference between a smooth landing and a face-flop.
UBS’s Chosen Few Stand to Reap New Bonus for Top Earners
Louis Diamond Quoted – By Mason Braswell, AdvisorHub – UBS Wealth Management USA has underscored that top producers are the future of its business with a grid-rate booster that was announced earlier this year and is set to pay out at the beginning of 2023.
U5 Negotiations Carry Extra Weight As More Firms Shun Fired Brokers
Louis Diamond Quoted – By Miriam Rozen, AdvisorHub – Firms have a wide latitude in reporting to regulators why they have parted ways with a broker. They can select that a broker was “discharged,” “permitted to resign,” or potentially, a more benign “other.”
But the choice, and what firms offer in an accompanying explanation, has become high stakes as firms have been more reticent to hire brokers in light of increasing regulatory pressure and reputational risk.
Dynasty Financial Partners Signals IPO is Still the Plan
Louis Diamond Quoted – By Ryan W. Neal, InvestmentNews – If Dynasty was canceling plans for an IPO, it wouldn’t make sense for it to continue disclosing this information, said Louis Diamond, president of financial adviser recruiting firm Diamond Consultants.
10 Top Recruiters Who Have Moved Wealth Teams Managing Billions that Financial Advisors Should Know Right Now
Mindy Diamond and Louis Diamond Named in Top 10 – By Hayley Cuccinello and Rebecca Ungarino, Business Insider – Among the most visible financial advisor recruiters in the industry today — and the most-recommended by industry sources to Insider for this list is Diamond Consultants.
6 Missteps that Trip Up Brokers Who Leave Big Wall Street Firms
Louis Diamond Quoted – By Cheryl Winokur Munk, Barron’s – For wirehouse advisors considering a leap to the independent channel, getting the process right can mean the difference between a smooth landing and a face-flop.
Should FAs Be Tested for Cognitive Decline?
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?
