The Founder of Hamburger Law Firm and MarketCounsel shares his legal and business expertise on what financial advisors need to know about a leap to independence, post-Protocol moves, M&A, technology and the leveling of the playing field.
By Mindy Diamond – I write this while sitting in a large ballroom of the iconic Miami Beach Fountainbleu Hotel, surrounded by the best of the best: principals of thriving RIA enterprises, top producing would-be independent advisors that will soon breakaway from the wirehouse world, service providers that have become the cottage industry supporting this diaspora toward independence, the custodians, and, of course, other recruiters like me.
By Mindy Diamond – Last week’s MSUM14 brought together some of the biggest names and brightest minds in the independent financial advisor world – and many that you will recognize from outside of our space – to share knowledge and insights on the future. The energy was greater than I have ever seen, and – unfortunately – an energy that is rarely experienced in the broker dealer world.
By Mindy Diamond – One very important point I want to convey – especially to the wirehouse audience – is that the vibe, energy and caliber of attendee that exists at a conference like MarketCounsel Summit (MSUM) also exists at custodian conferences like Schwab IMPACT, Pershing INSITE, Fidelity’s Executive Forum…or any of the others.
Mindy Diamond Quoted – By Mason Braswell, InvestmentNews – Sallie Krawcheck, former head of the brokerage units at Citigroup Inc. and Bank of America Merrill Lynch, stepped into the lion’s den on Wednesday to downplay the impact on wirehouses of the so-called breakaway broker movement.