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

Recruiters Reveal Their Secrets On Cultivating A Robust Advisor Pipeline

Posted by Louis Diamond

FA Financial Advisor Magazine

March 14, 2023
Louis Diamond Quoted
By Jennifer Lea Reed

Advisory firms serious about hiring in 2023 say they are offering equity to seasoned professionals, establishing a pipeline through a local college, and mining networks for interns and career switchers.

But recruiters interviewed for this story said the one thing they are not doing is going after another firm’s employees.

Recruiter Louis Diamond, of Diamond Consultants in Morristown, N.J. said, “The more successful firms that are hiring talent are doing exactly this. They’re being very proactive and intentional,” he said, adding that the kind of growth a firm is experiencing will dictate what’s possible.

“Firms that are growing faster than the norm, they’re going to have to hire someone experienced who can get to work right away,” he said. “But firms that have the organic growth puzzle figured out have the time to develop someone to exemplify their value proposition.”

For those firms, the multipronged approach to recruitment can ultimately be very gratifying as a firm grows, and its people with it.

“You want to see as many candidates as possible so you can pick the best one,” he said. “Be very thoughtful and clear about expectations, and reward the right behavior.”

Read more…

 

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About Louis Diamond

President – Someone who “looks at every angle from a strategic perspective.” Sophisticated advisors and business owners alike learn quickly that they’ve found the right person in Louis when seeking counsel and clarity on growth, career management and the ever-changing industry landscape. Learn more...

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