April 15, 2013
Should this super star advisor use a recruiter to represent his interests? Does he need to?
February 26, 2013
Michelle Smith, CEO of independent firm Source Financial Advisors, will join Mindy Diamond of Diamond Consulting for a Q&A about how she broke away to build her own firm, how she’s multiplied her success and how she’s overcome the obstacles that inevitably pop up in the life of an entrepreneur. Through anecdotes, tips and best practices, advisors will take away the inspiration, guidance and steps that will help them take their practice to the next level.
December 16, 2012
It’s known and understood that women often tend to undervalue themselves. As an advisor, you understand the importance of protecting and affixing the correct value to others’ assets, and it’s just as necessary to understand the value you bring to the table. When thinking about making the jump from one firm to another, or entering into a new client relationship make sure you’re avoiding these most commonly-made mistakes.
November 8, 2012
Benjamin Franklin said, “Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” Franklin was right. While it may seem obvious that business growth is central to any advisor’s ultimate success, in today’s highly complex and competitive marketplace, the importance of growth cannot be overstated.
October 17, 2012
Independent business owners associated with broker-dealers have a real chance today to capitalize on the frustrations that wirehouse advisors are experiencing with regard to increasing compliance burdens, lack of support and compensation limitations. Mindy Diamond says that a big problem, however, is that most of the firms these principals represent are not positioned properly to benefit from this unique opportunity.
August 27, 2012
There's no evidence that indicates the breakaway advisor trend is slowing down. While that's great news, Financial Planning blogger Mindy Diamond says this means that these advisors have their work cut out for them in the way of due diligence.
July 23, 2012
English novelist Lewis Carroll once said, “If you don’t know where you’re going, any road will get you there.” If you are a financial advisor who is frustrated with your current situation and would like to make a change, but are not sure where to go, this quote is particularly apt.
July 17, 2012
It’s known and understood that women often tend to undervalue themselves. As an advisor, you understand the importance of protecting and affixing the correct value to others’ assets, and it’s just as necessary to understand the value you bring to the table. When thinking about making the jump from one firm to another, or entering into a new client relationship make sure you’re avoiding these most commonly-made mistakes.
June 28, 2012
While the longstanding assumption in the industry is that once you go to “RIA or independence land,” you just don’t go back – that’s not always the case. Over the last few years many breakaway brokers have returned to wirehouse firms. Recruiting expert Mindy Diamond believes there are three reasons why this migration has taken place, and is likely to continue.
June 9, 2010
Understanding the current financial industry work environment in the wirehouse and independent space
Compensation and Transition Packages being offered
Competitive Intelligence on Matching an advisor to a particular firm
How to achieve “back end” bonus incentives that reward raised asset levels in the wirehouse world and how to assess the long term benefits of independence
Mindy Diamond, President & CEO, DIAMOND CONSULTANTS
Christine Baker, EVP Business Development, J.W. COLE FINANCIAL, INC.
