Mindy Diamond Quoted – By Lee Conrad, OnWallStreet – The breakaway movement is as strong as ever and unlikely to slow down despite the recent departures from the Broker Protocol, top recruiters say. Some advisors may be even more inclined to go independent due to their ire at wirehouse policy shifts. Yet, the fact remains that many brokers are paid very well and are averse to upsetting the applecart (even one of the recruiters says it’s hard to argue with that).
Mindy Diamond Quoted – By Lee Conrad, OnWallStreet – OWS: When Morgan Stanley and Merrill Lynch announced cutbacks to recruiting efforts, they did it ostensibly so they could focus on their existing advisors. But they’re not doing a great job of retention either because now advisors are leaving hand-over-fist, mostly for the regionals. What happened?
April 3, 2018 – Mindy Diamond Quoted – By Lee Conrad, OnWallStreet – On Wall Street recently beckoned its panel of industry recruiters to our offices in lower Manhattan for our annual gabfest to discuss trends in advisors’ career paths. On Wall Street: What development in the industry didn’t get as much press as it should have over the past year?
Mindy Diamond at Recruiter’s Roundtable – part 1 of 6 part series from On Wall Street exploring change and opportunity for financial advisors.
Mindy Diamond Quoted – By Ralph R. Ortega, OnWallStreet – One of the cold, hard realities in wealth management of recent years remains true to this day: There is a supply-and-demand problem.
Mindy Diamond Quoted – By Kris Frieswick, OnWallStreet – It shouldn’t surprise anyone that if you put nine top recruiters in a room to discuss the state of the wealth advisor industry, they would come down on the side of now would be an excellent time for many of those advisors to make a move. But over the course of the day-long discussions that comprised On Wall Street’s 2014 Recruiter’s Roundtable, it became clear that their reasons were far from self-serving.
