169 episodes

The wealth management industry has changed greatly over the last decade, with independent models becoming more mainstream than ever before. And while the original intent of this podcast for financial advisors was to focus solely on the independent space, the content has expanded to offer a wider view of the industry landscape and the notion of achieving what advisors want most: greater freedom and control over their business lives.

That is, “independence” has come to represent both the models and the mindset.

Mindy Diamond and Louis Diamond, nationally recognized recruiters and consultants to financial advisors, take listeners on a journey to explore this evolving industry landscape. Along with guests including industry leaders and breakaway advisors, they discuss various models from the wirehouses, regional firms, broker dealers on through to independence offering comparisons between different types of independent models including supported independence, Independent Broker Dealers (IBDs), Registered Investment Advisors (RIAs), and Hybrid RIAs.

The goal of this series remains: To dispel some myths, share some facts, and help advisors get better educated on the options available without any concern over confidentiality or obligation. Be sure to subscribe and stay up-to-date.

Additional information is available to advisors who are looking to increase their knowledge of the industry landscape: https://www.diamond-consultants.com/podcast-mindy-diamond-independence-2/

Mindy Diamond on Independence: A Podcast for Financial Advisors Mindy Diamond - Financial Advisor Recruiter and Consultant

    • Business
    • 4.5 • 60 Ratings

The wealth management industry has changed greatly over the last decade, with independent models becoming more mainstream than ever before. And while the original intent of this podcast for financial advisors was to focus solely on the independent space, the content has expanded to offer a wider view of the industry landscape and the notion of achieving what advisors want most: greater freedom and control over their business lives.

That is, “independence” has come to represent both the models and the mindset.

Mindy Diamond and Louis Diamond, nationally recognized recruiters and consultants to financial advisors, take listeners on a journey to explore this evolving industry landscape. Along with guests including industry leaders and breakaway advisors, they discuss various models from the wirehouses, regional firms, broker dealers on through to independence offering comparisons between different types of independent models including supported independence, Independent Broker Dealers (IBDs), Registered Investment Advisors (RIAs), and Hybrid RIAs.

The goal of this series remains: To dispel some myths, share some facts, and help advisors get better educated on the options available without any concern over confidentiality or obligation. Be sure to subscribe and stay up-to-date.

Additional information is available to advisors who are looking to increase their knowledge of the industry landscape: https://www.diamond-consultants.com/podcast-mindy-diamond-independence-2/

    Building a Multi-Family Office: How an Ex-Goldman Advisor Experienced Autonomy and Growth in Independence

    Building a Multi-Family Office: How an Ex-Goldman Advisor Experienced Autonomy and Growth in Independence

    Gary Hirschberg began to question if he was able to act as a true fiduciary to his clients at Goldman Sachs. Plus, he had the nagging desire to build a brand of his own. So in 2018, he left to launch Aaron Wealth Advisors.

    • 49 min
    The Pull of Pure Independence: A Former FiNet Advisor’s Journey to Building a $1.7B Fully Independent Firm

    The Pull of Pure Independence: A Former FiNet Advisor’s Journey to Building a $1.7B Fully Independent Firm

    Steve Dimitriou built his book in firms like MFS, Alex.Brown, AdVest and later FiNet, growing to $1.3B in AUM. Yet the call for greater independence became the motivation to launch RIA Mayflower Advisors which today manages over $1.7B.

    • 56 min
    Liberated: Why a 25-Year Merrill Vet Managing $450mm Opted to Break Away and Build His Own Firm

    Liberated: Why a 25-Year Merrill Vet Managing $450mm Opted to Break Away and Build His Own Firm

    On his 25th anniversary with Merrill, Craig Robson resigned to launch RIA Regent Peak Wealth in Atlanta, GA. It was a bold move designed to “liberate and empower” him and his team to serve their clients completely and with objectivity.

    • 59 min
    An Inside Move from IBD to RIA: $300mm Advisor on Becoming “More Independent” at Commonwealth

    An Inside Move from IBD to RIA: $300mm Advisor on Becoming “More Independent” at Commonwealth

    Andy Harris of Evergreen Wealth Solutions describes his journey from building a business at ING, transitioning to an IBD at Commonwealth Financial Network, and later sliding over to their RIA platform, with key learnings about both models.

    • 39 min
    Industry Update on M&A: If You Build It, Will They Buy It? - Part 2 of 2

    Industry Update on M&A: If You Build It, Will They Buy It? - Part 2 of 2

    Part 2 of 2 on M&A: For advisors who are reviewing their firm’s retire-in-place program, considering a recruitment deal, or looking to launch an independent firm, understanding the value on the open market is critical.

    • 28 min
    Industry Update on M&A: If You Build It, Will They Buy It? - Part 1 of 2

    Industry Update on M&A: If You Build It, Will They Buy It? - Part 1 of 2

    The excitement around M&A activity has many financial advisors considering their future. Is independence the right path? And if you build an independent firm, who will buy it? This episode compares and contrasts options.

    • 36 min

Customer Reviews

4.5 out of 5
60 Ratings

60 Ratings

maddie@podcastingyou ,

Super informative!

This podcast is an incredible resource for all things wealth management and the industry itself! Mindy and Louis are incredibly knowledgeable and each of their conversations with guests is truly insightful.

DA in Atlanta ,

Great podcast for financial advisors

Really good interviews in the wealth management industry. Great peer perspectives and insights. Feels like a Barron’s or Forbes-type conference conversation. Mindy does a really good job of hitting the hot buttons and clearly knows the industry well. Highly recommend. Thank you

Jackq09 ,

Financial Advisor

Highly recommend this podcast series! Very informative regardless of whether or not you’re considering independence and find the interviews incredibly insightful and authentic.

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