Mindy Diamond Quoted
By Cynthia Stephens
Last week (see blog: Tips for advisors-in-transition in a talent squeezed market: Part I of II) I recounted three tips from Mindy Diamond, President and CEO of Diamond Consultants, for advisors-in-transition:
Tip #1 for Would-be successors:
Once you have defined your goal as being the successor, be open all the time to new opportunities.
UBS is increasing its recruiting efforts, offering top advisors deals of up to 550% of annual revenue while targeting experienced private bankers.
Advisors at some of the largest firms in the country are leaving, and not in a trickle. In 2024 alone, more than 9,600 experienced advisors changed firms, according to industry data from Diamond Consultants.
June 12, 2026Louis Diamond QuotedBy Andrew Cohen Median compensation for financial planners reached $195,000 in 2025, marking a 15% year-over-year
