Mindy Diamond Quoted
While it’s normal to feel unnerved, advisors whose firms are transitioning ownership can take several concrete steps to feel more secure, writes Mindy Diamond, president and chief executive of Diamond Consultants, in a column for WealthManagement.com.
She suggests advisors start by defining their goals and agenda, which allows them to more deftly weigh their options. She also suggests advisors begin the process of fully vetting the acquiring firm’s offerings, platform and retention package. This means holding the new firm to the same standards you would another broker/dealer, she writes.
