December 21, 2021
Louis Diamond Quoted
By Tobias Salinger
Two of the major enterprises whose expansion is helping to boost LPL Financial’s record advisor headcounts will enter the new year on a trajectory to grow even more.
As OSJs take on more duties than their traditional compliance services, LPL and hybrid RIAs are in “friendly competition” with one another, said recruiter Louis Diamond, the president of Diamond Consultants.
“It’s good for the advisor, because now the advisor has more options, and both organizations will keep pushing each other to be better,” Diamond said. “Competition is good for the advisor in the end.”
