Tools & Resources

NEW – 2022 Transition Report: An Update on Advisor Movement in the Wealth Management Industry for H1

This report serves as a framework for advisors who are curious about movement and deal trends—and the potential impact on their careers and businesses.

NEW – How to Maximize Your Career Enterprise Value

This formula seeks to provide a process by which an advisor can “calculate” the sum total of 4 key factors—to conceptualize what their career enterprise value really is and how to achieve it.

This companion piece to the Diamond Consultants’ podcast episode on the topic, How to Maximize Your Career Enterprise Value, can be an essential tool in your due diligence process.

Practical Portability Tips

Prior to any move, advisors need to assess their client relationships and book to determine if any concerns about portability are legitimate. That means conducting a thorough review of any non-portable positions and evaluating the impact that leaving them behind would have on the overall business.

This companion piece to the Diamond Consultants’ podcast episode on the topic, Expert Advice on Portability: What You Need to Know to Prepare for a Move, produced in partnership with Grier Rubeling of Advisor Transition Services, can serve as your guide to the transition process.

Wealth Management 2.0: The Landscape at a Glance

The ever-expanding landscape represents a waterfall of possibilities for every advisor. Download this infographic for an “at-a-glance” review of each model in the continuum, as described in the Industry Update podcast episode.

Wealth Management 2.0: Focus on Independence

The independent space has expanded to offer a variety of models with varying levels of freedom and flexibility. Our latest “Landscape at a Glance” focuses on independence, providing the key features of each model.

The Industry Landscape: What’s driving movement and where are advisors going? (Webinar)

Part 1 of a 2-part WealthManagement.com Webinar
featuring Mindy Diamond and Louis Diamond

The wealth management industry has been on an evolutionary streak, where new models seem to be born almost daily. And having a clear understanding of the environment you’re building your business in is critical—regardless of whether you have a desire to move or not.

Going Independent with an RIA vs. IBD: A Comparison Fact Sheet

When it comes to freedom and control, there are key differences amongst the independent broker dealer (IBD) and registered investment advisor (RIA) spaces that every advisor should be aware of.

The Decision-Methodology Infographic: Strategic Exploration and the Road to Taking Control of Your Professional Destiny

Advisors use our proprietary decision methodology – illustrated in this infographic – to help assess where they’re at, what they want to accomplish, and how they want to get there. Used in tandem with counsel from our top consultants, it’s a powerful resource to help guide you toward your best business life.

Conducting a Strategic Due Diligence Process: 10 Practical Tips

The worksheet described in the podcast episode: 10 tips designed to serve as a practical guide to navigating the process with efficiency—a strategic method to help you avoid overwhelm and make the most of your valuable time.

The Self-Assessment for Advisors

At the cornerstone of the Diamond Consultants 7-Step Process is our trademarked Self-Assessment for Advisors. While it’s only a piece of the Discovery stage, it is the foundation for defining a smart and strategic due diligence process. A subset of the more extensive assessment that we provide to our advisor clients is now available for download.

10 Characteristics of the Most Successful Teams

The best teams have effective leaders at the helm of cohesive groups with complementary talents that move together towards a common goal: To win. We’ve compiled a list of 10 characteristics successful teams have mastered.

Partnerships: 10 Questions to Help Identify if You’re Still Right for Each Other

Even the best relationships can reach a point where partners find themselves on different sides of the fence. As shared in this podcast episode, we’ve outlined 10 questions that advisors can ask themselves to help determine the “health” of the partnership and decide how best to move forward.

The Employee Advisor’s “Gut Check”

Have you had that “feeling in your gut” that says, “I’m not sure that where I am is allowing me to serve my clients best?” Many advisors get stuck at this point, uncertain of how to qualify whether the feeling has any basis in reality. Drawing from our decades of experience in working with advisors just like you, we’ve created the “Employee Advisor’s Gut Check” tool. With it, you’ll be armed with the right criteria by which to evaluate your current firm, as well as any others you may be considering.

The Independent Advisor’s “Gut Check”

Many advisors affiliated with broker dealers find themselves at a point in their careers when they question whether where they are is indeed the right place to best serve their clients. It’s at that same point when you realize that what got you “here” may not get you “there”. That’s why we created the “Gut Check for Advisors at Independent Broker Dealers”—to provide you with benchmarks to evaluate your current broker dealer, as well as any others you may consider.

M&A Readiness Assessment

A self-appraisal to help you identify gaps and opportunities, and create a path to the next chapter of your business.