May 27, 2020
Louis Diamond Quoted
By Janet Levaux and Liana Roberts
Industry consolidation remains a dominant industry trend, according to data compiled by the Financial Industry Regulatory Authority and Investment Advisor’s 2020 Broker-Dealer Reference Guide.
“Today, with some of these major strategy shifts, IBDs are proving to be more agile and adaptable to advisor demands and industry trends — and once again, represent a solid option for advisors considering independence,” explained Louis Diamond, executive vice president of Diamond Consultants.