June 17, 2019
Louis Diamond Quoted
By Ian Wenik
The RIA community has a new kid on the block. You may be familiar with it. It goes by the name of Goldman Sachs.
Will the multinational investment bank be a friendly neighbor or a bully after its $750 million deal to purchase Joe Duran’s United Capital Financial Advisers?
‘I think it’s such a fascinating deal, and from a Goldman standpoint, I think it’s genius,’ said Louis Diamond, an executive vice president at advisor recruiting firm Diamond Consultants. ‘It’s probably the best platform you could buy based upon the new strategy of trying to offer more to the retail end client.’