When financial advisors make the leap from the brokerage channel to the independent arena, or want to expand an existing independent practice, it helps if they have well-connected friends.

Diamond Consultants, a financial services search and consulting firm, recently added high-level practice management services to its offerings, so it can be that go-to resource for advisors. The services are wide-ranging, according to Mindy Diamond, president and chief executive officer of Chester, N.J.-based Diamond Consultants. They include assessing all of the benefits of a registered representative switching to the registered investment advisor business model, brokering sales of the practices and succession planning. But instead of just selling a registered rep on all of the virtues of being an RIA, Diamond said, she will delve into what the financial advisor wants for himself or herself, and the for the practice.

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