Mr. Diamond to join CEO Mindy Diamond in expanding the firm’s signature 360-degree counsel and industry-leading commentary; will lead the transformation of the firm into a streamlined enterprise.
NEW YORK — January 26, 2021 — Diamond Consultants, the leading executive search firm helping financial advisors realize their best business lives, today announced the appointment of EVP & Senior Consultant Louis Diamond to the position of President. Company founder Mindy Diamond will retain the position of CEO, and will expand her capacities as a lead consultant at the firm and industry thought leader.
“Louis has established himself as a sophisticated consultant and negotiator who embodies our defining value of objectivity,” said Ms. Diamond. “With his business-savvy mindset and eye toward growth, Louis’ leadership is exactly what Diamond Consultants needs in a President. I look forward to continuing our work together as trusted partners and fellow consultants to the industry’s top financial advisors.”
As President, Mr. Diamond will join Ms. Diamond in leading the firm’s consulting activities, and will ensure the firm is poised to advise even more advisors on career options while taking over management of Diamond Consultants’ day-to-day operations. He previously served as EVP & Senior Consultant, in which capacity he has helped financial advisors move billions of dollars in assets under management to new career opportunities over the past decade.
“Since its founding, Diamond Consultants has built a successful practice upon a unique foundation of objectivity,” said Mr. Diamond. “My priority is to harness that foundational principle to deliver unparalleled counsel for advisors while transforming the firm into a scalable enterprise. I see tremendous opportunity for growth, both in the potential to enhance and personalize our advisor touchpoints through investments in digital channels, as well as in the expansion of our firm’s consulting capabilities to stay abreast of increasingly relevant industry trends like M&A, succession planning, the breakaway advisor movement, and disruptive technologies.”
Filling the wealth management industry knowledge gap
For Mindy Diamond, today’s announcement signifies an increased commitment to the core priorities that have made her a household name in the industry: offering the firm’s clients her signature 360-degree unbiased career counsel, and publishing industry-leading commentary for her national audience of financial advisors.
“I founded Diamond Consultants with a vision to guide advisors toward better career decisions by helping them see the full range of opportunities, and fill the industry’s gaping knowledge gap,” said Ms. Diamond. “Now, as our industry prepares for a major generational transition, that knowledge gap still exists, and advisors need a trusted partner who can offer sound, objective advice every step of the way. I’ve never felt more driven by my original vision than I do today, and with the appointment of Louis as President, I’ve never been more empowered to pursue it.”
Ms. Diamond founded Diamond Consultants in 1998. She is the host of Mindy Diamond on Independence, the leading podcast offering expert analysis and commentary on career moves for financial advisors. She is also a regular Forbes columnist and frequent contributor to leading publications covering the wealth management and financial services industries.