March 15, 2022
Louis Diamond Quoted
by Sam Del Rowe
A record number of people quit their jobs last year in what’s been dubbed as the “Great Resignation,” but the advisory industry has so far been spared from the talent exit.
Around 47 million Americans quit their jobs in 2021, according to data from the Bureau of Labor Statistics.
Portable Books of Business
Advisors essentially see themselves as entrepreneurs, according to Danny Sarch, president at recruiting firm Leitner Sarch Consultants.
“Advisors have books of business,” Sarch said. “They think of themselves as practitioners with their own practice within the larger organizations.”
Advisors “are almost always in the driver’s seat” when it comes to making a work change, according to Louis Diamond, president at recruiting firm Diamond Consultants.