Jason Diamond Featured – Holt Hackney, AdvisorHub – An overview of the financial advisor recruiting firm, plus key data and findings from the firm’s 2022 Financial Advisor Transition Report.
Jason Diamond Quoted – By Victoria Zhuang, Financial-Planning.com – Recruitment of financial advisors was brisk last year and downright frenzied in the last six months, even as markets took a downturn, a new report shows.
Jason Diamond Quoted – By Diana Britton – Edward Jones announced last month it was expanding its teaming options to allow for “more flexibility and choice” for its nearly 19,000 advisors and branch support members across the country.
PRNewswire – Texas-based team with $120 million AUM joins from Edward Jones and chooses partnered independence with Sanctuary
Louis Diamond Quoted – By Mason Braswell, AdvisorHub – Edward D. Jones & Co., the largest full service brokerage firm by its almost 19,000 brokers, has lost its biggest hitter.
Louis Diamond Quoted – By Jake Martin, AdvisorHub – Real estate cost savings and broker demand for more collaboration appear to be putting pressure on Edward Jones to revisit its single-broker model, despite concerns that cohabitation could lead to intra-office competition.
Barbara Herman Quoted – By Bruce Kelly, InvestmentNews – At a time when the financial advice industry is desperately attempting to become younger and more diverse, Edward Jones’ move earlier this week to tap a woman as its next managing partner will only make the firm more attractive to potential female candidates seeking to work as an adviser, industry observers said. “I think two things are meaningful to advisers. First, that leadership comes from the rank and file, one of their own,” said Barbara Herman, a senior vice president at Diamond Consultants, a recruiting firm for advisers. “She started as an FA and that resonates with advisers.”
Mindy Diamond Quoted – By Lisa Beilfuss, The Wall Street Journal – Client assets at Edward Jones have surpassed $1 trillion, the regional brokerage said, as it competes in recruiting against Wall Street titans like Merrill Lynch and Morgan Stanley. The recruiting retrenchment at big firms “is an opportunity for a firm like Edward Jones to compete,” said Mindy Diamond, president and founder of Diamond Consultants, a recruiting firm for financial advisers. “The playing field has been leveled,” she said, with some veteran brokers now within Edward Jones’s reach.
Mindy Diamond Quoted – FundFire – Regional brokerage Edward Jones is taking its recruitment push to Wall Street, as its assets under management surpass $1 trillion and it hunts for big city advisors to serve its growing roster of big city clients, The Wall Street Journal reports.
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