Mindy Diamond Quoted – By Mason Braswell, AdvisorHub – In his latest invasion of Morgan Stanley Wealth Management’s management suite, the firm’s former president Greg Fleming has tapped its former high-net-worth lending head Michael Brakey to put together a credit and banking business for his new venture at Rockefeller Capital Management. “The non-Protocol status makes a move more complicated, but won’t be prohibitive,” said Mindy Diamond, of recruiting firm Diamond Consultants. “The [Rockefeller] name alone is sexy and Greg Fleming’s reputation and the Morgan Stanley leadership he is bringing over will get people to the table.”
Louis Diamond Quoted – By James Picerno, RIABiz – It’s the most ambitious roll-up startup and Wall Street takedown play since Elliot Weissbluth unleashed HighTower Advisors LLC 11 years ago — if a yesteryear wirehouse chief overhauling a living fossil of a firm with a mountain of capital, fresh and dusty, can be labeled in that way, observers say on and off the record.
Mindy Diamond Quoted – By Danielle Verbrigghe, FundFire – Morgan Stanley has named a new head of wealth management technology as a top tech exec has joined several high-profile former colleagues at Rockefeller Capital Management. The exit of several big European private banks, including Barclays, Deutsche Bank and Credit Suisse from the U.S. brokerage business has opened a gap in the market for high-end wealth management boutiques, says recruiter Mindy Diamond, president and founder of Diamond Consultants, who has done work for or engaged in conversations with both Morgan Stanley and Rockefeller.
