Infographic on Independence for Financial Advisors: At-a-glance view of the 5 Trends from 2017 that Proved the Resilience and Relevancy of the Independent Space.
TruClarity — a ‘Dynasty-lite’ -come-lately with a Y Combinator-type twist — hires Dan Cronin and fellow Fidelity alum Shad Besikof to show its true growth intentions
Louis Diamond Quoted – By Lisa Shidler, RIABiz – After four years of honing its business model, a relatively unknown Tampa, Fla.-based platform for breakaway brokers is adding recruiting muscle to its team in the well-known persons of Dan Cronin and Shad Besikof in order to accelerate its growth. Yet there are big reasons why there are 18 roll-ups but just a handful of Dynasty-like players, according to Louis Diamond, New York-based principal with Diamond Consultants.
Howard Diamond Quoted – By Liz Skinner, InvestmentNews – Female financial advisers are not attracting an equal share of client assets compared with their male colleagues, and the picture looks especially bleak at RIAs, new data show. “Women advisers in the RIA channels may be newer and just getting into the industry,” said Howard Diamond, managing director and general counsel at recruiting firm Diamond Consultants Inc. “They also may be joining smaller firms and it’s taking them longer to ramp up.”
By Mindy Diamond – As the cost of doing business rises, there’s no doubt many owners of wealth management firms are feeling the pinch. With the promise of an ever more onerous regulatory environment bearing down on these same folks, many find themselves in the unenviable position of running unprofitable enterprises. So what are these business owners to do when they are at this juncture?
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