• Home: Leading Financial Advisor Recruiting Firm
  • About Us
    • Meet the Team
    • Testimonials
    • Case Studies
    • Representative Deals
  • Services
    • For Financial Advisors
    • For Independent Business Owners
  • FAQs
  • Articles
  • Podcast
    • Industry Update
    • Independence 101 Series
  • In the News
    • Moves in the News
  • Tools for Advisors
  • Diamond Consultants Advisor Transition Report 2022
  • NEW – Edward Jones Advisor Transition Report 2022 edition
  • NEW – Merrill Advisor Transition Report 2022 edition
  • NEW – UBS Transition Report 2022 edition
  • Merrill Information Hub
  • UBS Information Hub
  • Contact Us
  • Subscribe for Updates

Questions? Call us: 908-879-1002

Contact us...
Diamond Consultants: Financial Advisor Recruiting FirmDiamond Consultants: Financial Advisor Recruiting Firm
  • Home
  • About
    • Meet the Team
      • Mindy Diamond
      • Louis Diamond
      • Howard Diamond
      • Jason Diamond
      • Barbara Herman
      • Deborah Aronson
      • Wendy Leung
      • Cathy Nichols
      • Debbie Wallen
      • Allison Brunwasser
      • Joshua Tomolak
      • Shelley Muzio
      • Caryl Felicetta
      • Donna Riopel
      • Kelly Griffiths
    • Testimonials
    • Case Studies
    • Representative Deals
  • Services
    • For Financial Advisors
    • For Independent Business Owners
      • Sell-Side M&A Advisory
      • Consulting
  • FAQs
  • Articles
    • Subscribe for Updates
  • Podcast
    • Industry Update
    • Independence 101 Series
    • Subscribe for Updates
  • In the News
    • Moves in the News
    • Transition Announcements
  • Tools for Advisors
    • NEW – Diamond Consultants Advisor Transition Report 2022
    • NEW – Edward Jones Advisor Transition Report 2022 edition
    • NEW – Merrill Advisor Transition Report 2022 edition
    • NEW – UBS Transition Report 2022 edition
    • Merrill Information Hub
    • UBS Information Hub
    • Other Tools
    • Subscribe to e-Newsletter

In the News

Eric Clarke says his firm saw 20% fewer breakaways last year and will take the lead on recruiting…

Posted by Louis Diamond

February 8, 2021
Louis Diamond Quoted
By Lisa Shidler

Eric Clarke says he plans to directly woo breakaway brokers this year–an unusual move for the CEO of a software firm–after a 20% slide in 2020 recruiting, but some recruiters say he may have just missed the boat in a tough but hot market.

While Orion Advisor Services doesn’t technically recruit, Clarke says his firm is constantly speaking with advisors before they’re ready to go independent.

Louis Diamond, president of Morristown, N.J.-based Diamond Consultants says don’t presume that the breakaway broker movement took a year off in 2020.

“It was the busiest recruitment year since 2014 in terms of advisors moving,” he says. “I definitely don’t think it was slower.”

This year is already proving to be another stellar year, Diamond says. “We’re very bullish on advisor recruitment for 2021 and the breakaway movement.”

Read more…

You may also be interested in...

Share
0

About Louis Diamond

President – Someone who “looks at every angle from a strategic perspective.” Sophisticated advisors and business owners alike learn quickly that they’ve found the right person in Louis when seeking counsel and clarity on growth, career management and the ever-changing industry landscape. Learn more...

    Recent News & Articles

    • What’s the ‘Real’ Value of a Financial Advisor’s Business?
    • The Inverse Grid: Is Your Firm Providing Enough Value?
    • Move to JPMorgan Is Full Circle for Many First Republic Advisors
    • JPMorgan begins love-bombing campaign to keep First Republic advisors
    • Financial Advisor Teams Come in Many Flavors. How to Pick the Right One for You
    See. Here. Now.
    We're available to answer your questions. Contact us

    Connect with us

    Search

    © 2023 · Diamond Financial Consultants, LLC t/a Diamond Consultants. All rights reserved.*

    • Leading Financial Advisor Recruiting Firm:
    • About
    • Services
    • FAQs
    • Articles
    • Podcast
    • News/Media
    • Tools/Resources
    • Contact
    • Our Locations
    • Privacy Policy
    • Site Map