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Diamond Consultants: Financial Advisor Recruiting FirmDiamond Consultants: Financial Advisor Recruiting Firm
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In the News

If the Market Levels Off, Will More Brokers Break Away?

Posted by Howard Diamond

Financial Advisor-IQ

 

 

 

Howard Diamond Quoted
By Joan Warner

FA-IQ asked Diamond Consultants managing director and COO Howard Diamond for his view of the broker recruiting landscape going into 2014.

FAs often stay put when the market does as well as it did in 2013. Do you expect more of them to make a move in the New Year?

It’s hard to move and bring your clients along when everything’s good. But we feel 2014 will be more robust than 2013, because retention packages are more forgiving and handcuffs are being loosened. Advisors who have been tied down are realizing they don’t have much to lose by moving. With [recruiting] deals at a high water mark, they’re going to make more than they owe.

Read more…

 

 

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About Howard Diamond

Chief Operating Officer and General Counsel – A legal and business background combined with over a decade of experience in the wealth advisory space. Already a successful lawyer and litigator, the growth of Diamond Consultants presented a new career opportunity for Howard in 2005. Learn more...

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