Howard Diamond Quoted
By Chris Latham
Advisors looking to grow business through M&A must look beyond financials at talent retention and cultural fit, say experts who attended Pershing’s regional symposium Wednesday in New York.
Despite that kind of discriminating eye, independent advisors face a strong seller’s market, according to Howard Diamond of Chester, N.J.-based Diamond Consultants. He routinely runs into firm owners who’d like to grow by buying out other practices but lack enough differentiation to stand out among a horde of rival bidders.
