Louis Diamond Quoted
By Brooke Southall
Silver Lane took a step toward becoming a Goldman Sachs-like investment banking force in the world of financial advice by tucking in under the wing of Raymond James.
“It’s definitely pretty shocking,” says Louis Diamond, principal of Diamond Consulting in New York. “They seem to be crushing it on their own, and she doesn’t strike me as somebody who wants to walk away.”
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
