Industry Update: What Financial Advisors Need to Know About Growing Through Recruitment and M&A
One of the major motivations for advisors who choose independence is to build an enterprise through recruitment and M&A. But inorganic growth opportunities are not exclusive to independent firms. Although more limited, wirehouse advisors have options too. In this episode, Mindy and Louis answer the most frequently asked questions by wirehouse advisors considering inorganic growth options, as well as firm owners who are looking at recruiting and M&A to drive growth. 
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Industry Update: 10 Reasons Why Some Financial Advisors Shouldn’t Go Independent
It might seem odd for a show called Mindy Diamond on Independence to discuss why independence might not be right for you. But the reality is that some advisors shouldn’t go independent. Mindy Diamond and Louis Diamond break down the 10 most common reasons. Listen…
Preparing for Exploration: 10 Practical Tips to Conduct a Strategic Due Diligence Process
In a wealth management landscape with more options for financial advisors than ever before, the need for a “strategic” due diligence process has become imperative. Mindy Diamond and Louis Diamond present 10 tips to guide the exploration journey—plus share a downloadable tips worksheet. Listen…
Industry Update: 7 Real-World Lessons We Learned on Succession Planning
The real intent of succession planning is to “future-proof” the business—by developing a strategic guide that builds upon the leader’s vision with a focus on sustainable scale and continual growth for the future of the firm. In this episode, Mindy and Louis Diamond share their succession planning journey, plus the art of “co-leadership,” choosing a successor, lessons learned along the way, and more. Listen…
The Best of 2020: Top Advice from 10 Independent Business Owners
Advice from the top 10 independent advisors featured on our show in 2020—a special episode representing the 100th in this podcast series for financial advisors. It’s a concise download of their experiences: why they made the leap, what they found on the other side, what they might have done differently…and everything in between. Listen in to candid conversations that share a wide view of independence from those who are living it, ultimately answering the threshold question: Why independence? Listen…
A Special Year-End Industry Update: 10 Ways That 2020 Will Reshape Wealth Management in 2021
With the end of 2020 in sight, Mindy Diamond takes her annual look back at the year no one could have ever predicted. In this episode, she shares that despite the pandemic and the disruption to everyone’s lives, there was plenty of good news for the wealth management industry—most notably that many advisors say it was their best year ever and advisor movement is on course to break a decade-old record. Mindy explores this phenomenon and reveals 10 emerging trends for 2021 destined to reshape the industry for financial advisors and firms. Listen…
Industry Update on Goldman Sachs: What could a new RIA custodian mean for advisors and the industry?
There have been reports of significant changes brewing at Goldman Sachs which seem to indicate that the firm is going all-in on the RIA custody business. What does that mean for Goldman Private Wealth Advisors and the wealth management industry at large? Who might the target clients and advisors be? How might the shift impact the vaunted brand? Listen in to learn more about what could be one of the most significant evolutions of the landscape in the coming months. Listen…
Industry Update: Why Working from Home May Be One of Wealth Management’s Biggest Game Changers
Over 6 months since the mandate was ordered, many advisors have found their stride in a further evolved “work from home” wealth management world—and this has impacted everything, including processes, communication, client service and technology. But it’s also changing how advisors think about their firms, their businesses and their futures—and that’s driving movement. It’s a show that discusses how “WFH” is morphing an already evolved landscape—a topic that impacts each and every advisor, no matter where they practice. Listen…
Industry Update on M&A: Meet the Investors—Why It’s Important for All Advisors to Know Who They Are
Whether you’re a wirehouse advisor or independent firm owner, the challenges you will face at some point are the same: Accelerating growth, creating scale and monetizing your life’s work. Or you may be an advisor looking to access transition capital and de-risk a move to independence. Louis Diamond answers these questions and more, plus discusses the unique value propositions of key investors in the space. Listen…
Industry Update: Understanding the Real Value of a Financial Advisor’s Business
Advisors who are employees of brokerage firms, particularly the wirehouses, face some tough questions as they think about how they want to retire from the business they’ve built. In this episode, Mindy Diamond and Louis Diamond discuss 3 business valuation scenarios, the pros and cons of sunset programs and answer the seminal question: Can an advisor’s business be maximized under a brokerage firm umbrella? Listen…
Industry Update: Why Rockefeller, First Republic and Other Boutique Firms Are Attracting So Many Top Advisors
In the 3rd of a 3-part series on the landscape of the wealth management industry, Mindy explores today’s boutique firms—an independent-like model where advisors have the control and freedom that come with independence but work under a W-2 construct—focusing on the top 2 firms in particular: Rockefeller Capital Management and First Republic Wealth Management. Listen…
Industry Update: A Deep Dive into the Wirehouses and Regional Firms
Mindy Diamond explores the defining characteristics of wirehouse and regional firms, and looks at how they’ve changed in recent years, and where they stand on recruiting and deals. It’s deeper dive into the ever-changing landscape of the wealth management industry. Listen…
Industry Update: What the Wealth Management Landscape Looks Like Today
The ever-expanding wealth management landscape represents a waterfall of possibilities for every advisor. In this episode, Mindy Diamond takes a close look at the current landscape, outlining the “continuum” of models—comparing and contrasting the features and benefits of each. Listen…
Did you miss these Industry Updates?
A Big Picture Look at the State of Recruiting
In this 10-minute update, Mindy Diamond explores the recent uptick in financial advisor recruiting activity and answers the questions we’re hearing most often from advisors. Plus, she shares the threshold question advisors need to ask themselves when considering change. Listen…
The Post-Crisis World for Financial Advisors: 10 Predictions
There’s a new wave of evolution coming which we expect will impact advisors no matter where they work. The good news is much of these changes will be for the better. Mindy Diamond shares 10 predictions for what the wealth management world will look like. Listen…
Are the Wirehouses Getting Ready to Give Independence a Run for the Money this Year?
Wirehouse recruiting seems to be on an upswing, exemplified by recent high-profile hires and deals like Morgan Stanley’s acquisition of E*Trade. Are they getting ready to win the recruiting wars? Mindy explores the latest in the battle for talent. Listen…
The Bull Market for Advisors, Where They’re Moving to and Why
This episode explores where advisors are going, how movement is fueling the landscape’s evolution and what’s serving as a “barometer” of change for the industry at large. Listen…
On Clashes, Sleeping Giants, and the Handwriting on the Wall
A new bi-weekly segment that takes a look beyond independence into what’s going on in the wealth management world at large. 10-minutes on 3 things happening now and the impact on how financial advisors serve their clients and grow their businesses. Listen…
The Complete Series
Independence: How did we get here, and where are we going?
How to Determine if You’ve Got the “Right Stuff” for Independence
Exploring the Independent Broker Dealer Model
The RIA Space: Freedom and Flexibility Maximized
A View from the Top: An Interview—with Breakaway Broker Matt Celenza, Boulevard Family Wealth
Fact vs. Fiction: The True Realities of Independence for Financial Advisors
Show Me the Money: How Independent Advisors Monetize in the Short-Term
The Bigger Picture: How to Monetize Your Life’s Work in the Long-Term —with Louis Diamond
Dollars and Sense: How a Move to Independence Really Adds Up
Quasi-Independence: The Sophisticated Independent Model that Offers the Best of All Worlds
A Multi-Generational Indy Breakaway Story—with Jason Cort, Quadrant Private Wealth
Why Do Independent Advisors Grow Faster Than Their Wirehouse Counterparts?
Breakaway Advisor Builds Her Own Firm, and Wealth Follows—with Dorie Fain, &Wealth
What It Really Takes to Build an RIA Firm—with Matt Sonnen, PFI Advisors
Building Your Business Today as if You’re Selling it Tomorrow
Beyond the Risk: What’s Driving Non-Protocol Advisors to Independence?
The Choreography of a Move to Independence—with Tim Oden from Schwab Advisor Services
Your Best Business Life: A 10-Point Exercise for Advisors
Push vs. Pull: Understanding – and Responding to – the Key Drivers Behind a Move to Independence
The Path to Independence in Two Steps or One—with Alex Goss of Goss Advisors
$300mm To $800mm In Just 8 Years—with UBS Breakaway Gil Baumgarten
The Top 7 Turnkey Models that are Rocking the Independent Landscape—with Louis Diamond
7 Things Advisors Need to Know About Succession Planning—with Louis Diamond
Exploring the Independent Broker Dealer Space—with Andrew Daniels of Commonwealth Financial Network
Gaining the Technical Edge in Independence—with Eric Poirier, CEO of Addepar
Michael Kitces on How to Differentiate and Grow in a Competitive Environment
The Real Story Behind HighTower’s Reinvention—with Bob Oros
5 Things Josh Brown’s Firm Does Differently—And How it Resulted in Over 100X Growth in 6 Years
LPL Reinvented: Going Beyond the Traditional Broker Dealer Model—with Rich Steinmeier and Marc Cohen
How “Transparency” Propelled Growth from $1B to $4B in 8 Years—with Paul Pagnato of PagnatoKarp
What are Top Advisors Doing Differently—with Matt Oechsli of the Oechsli Institute
Industry Update: On Clashes, Sleeping Giants, and the Handwriting on the Wall
Industry Update: The Bull Market for Advisors, Where They’re Moving to and Why
Special Episode: Mindy Diamond on Weathering the Storm
How to Add Value at a Time When it’s Needed Most—with the co-author of The Go-Giver series Bob Burg
A Lawyer’s Advice on How to Protect Your Business Now and Into the Future—with Attorney David Gehn
The Post-Crisis World for Financial Advisors: 10 Predictions from Mindy Diamond
The Evolution of an RIA from Practice to Enterprise—with Tim Bello of Merchant Investment Management
Industry Update: A Big Picture Look at the State of Recruiting—with Mindy Diamond
Industry Update: What the Wealth Management Landscape Looks Like Today
Industry Update: A Deep Dive into the Wirehouses and Regional Firms
Industry Update: Understanding the Real Value of a Financial Advisor’s Business
Industry Update: Why Working from Home May Be One of Wealth Management’s Biggest Game Changers
5 Tips for Financial Advisors on How to Get From $500mm to $5B—with Steve Sanduski
Learning from the Leaders: Bob Mulholland on Roadblocks, Change and the Wave Towards Independence
A Special Year-End Industry Update: 10 Ways That 2020 Will Reshape Wealth Management in 2021
The Best of 2020: Top Advice from 10 Independent Business Owners
Industry Update: 7 Real-World Lessons We Learned on Succession Planning—with Louis Diamond
Michael Kitces on Everything Financial Advisors Need to Know About Growth
Industry Update: 10 Reasons Why Some Financial Advisors Shouldn’t Go Independent—with Louis Diamond
$1.2B ex-UBS Advisor on Independence and the Value of “Controlling Your Own Ship”—Matt Kilgroe
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