May 18, 2020
Louis Diamond Quoted
By Ann Marsh
The financial uncertainty that has put some advisors into a career holding pattern is pushing others toward striking out on their own, according to two recruiters.
Overnight virtualization of the industry has made advisors and their clients more comfortable with technology. It’s also demonstrated to once-skeptical and hidebound advisors accustomed to working under a large brand just how effectively they can operate solo.
“I think, if anything, it’s been just further proof to many people that they want to be in the independent space,” says Louis Diamond, executive vice president of Diamond Consultants.