Do wirehouses hold the key to Advisor Group’s future?
Louis Diamond Quoted – By Charles Paikert, Financial Planning – Advisor Group’s future appears to be running through the wirehouses. Price’s hire “signals a new direction in Advisor Group’s recruitment strategy,” says Louis Diamond, vice president of the New Jersey-based recruiting firm Diamond Consultants. “By bringing on a seasoned UBS executive, it seems as if they will begin targeting breakaway wirehouse advisers more aggressively.”
