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

Recruiters get stiffed more often since financial crisis

Posted by Howard Diamond

New York Post

Howard Diamond Quoted
By John Aidan Byrne

Headhunter Sanj Hingorani is a 19-year veteran of Wall Street’s brutal multimillion-dollar recruiting wars — and he was “stiffed” by clients. Hingorani is owed about $300,000 in fees, and that’s because of today’s more cutthroat corporate practices, the headhunter says.

While blatant fraud can be hard to prove, many recruiters say Wall Street can play hardball in today’s more cost-conscious environment. Some fees, for example, never get paid because of elementary cracks in legal agreements, some say. “We have been in business 17 years and we have never been stiffed or not paid,” said Howard Diamond, general counsel at headhunter Diamond Consultants.

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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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