Howard Diamond Quoted
By Liz Skinner
Female financial advisers are not attracting an equal share of client assets compared with their male colleagues, and the picture looks especially bleak at RIAs, new data show.
“Women advisers in the RIA channels may be newer and just getting into the industry,” said Howard Diamond, managing director and general counsel at recruiting firm Diamond Consultants Inc. “They also may be joining smaller firms and it’s taking them longer to ramp up.”
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
