Mindy Diamond Quoted
By Ralph R. Ortega
One of the cold, hard realities in wealth management of recent years remains true to this day: There is a supply-and-demand problem.
MINDY DIAMOND: It’s a perfect storm. You’ve got incentive packages being offered by the wirehouses at high watermarks. And those firms are willing to be as creative and aggressive as they have ever been for top advisors. You’ve got an ever-expanding landscape which makes it more likely that the advisors looking would be able to find his or her version of utopia.