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Diamond Consultants: Financial Advisor Recruiting FirmDiamond Consultants: Financial Advisor Recruiting Firm
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In the News

‘The Most Important Thing’ Breakaway Brokers Must Answer Before Taking the Leap

Posted by Louis Diamond

November 11, 2019
Louis Diamond Quoted
By Hazel Sheffield

“Success favors the brave.”

Those words appear beneath Michael Souza’s name on his LinkedIn profile. And that same quote is splashed prominently across the website of his company, Koa Wealth Management, the independent RIA he founded in San Diego that manages roughly $100 million in assets.

Louis Diamond, executive vice president and senior consultant at Diamond Consultants in New York, says the current climate is a perfect storm for potential breakaways. “Wirehouse brokers feel the squeeze from their firms who have time after time marginalized the advisor force, attempted to institutionalize individual businesses, and overall taken away as much freedom and control as possible.”

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About Louis Diamond

President – Someone who “looks at every angle from a strategic perspective.” Sophisticated advisors and business owners alike learn quickly that they’ve found the right person in Louis when seeking counsel and clarity on growth, career management and the ever-changing industry landscape. Learn more...

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