November 11, 2019
Louis Diamond Quoted
@LouisDiamondDC shares his thoughts on @CharlesSchwab‘s recent change to zero fees, and his thoughts on what 2020 looks like for advisors making the transition to independence – with @Gone_with_Green, at #SchwabIMPACT pic.twitter.com/MM37RSRBp8
via Citywire USA (@CitywireUSA) November 11, 2019
UBS is increasing its recruiting efforts, offering top advisors deals of up to 550% of annual revenue while targeting experienced private bankers.
Advisors at some of the largest firms in the country are leaving, and not in a trickle. In 2024 alone, more than 9,600 experienced advisors changed firms, according to industry data from Diamond Consultants.
June 12, 2026Louis Diamond QuotedBy Andrew Cohen Median compensation for financial planners reached $195,000 in 2025, marking a 15% year-over-year
