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.
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.
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.
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.
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.
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.
