179 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 for Financial Advisors Mindy Diamond - Financial Advisor Recruiter and Consultant

    • Business
    • 4.5 • 67 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/

    Industry Update: Should You Consider a Move When Markets are Turbulent?

    Industry Update: Should You Consider a Move When Markets are Turbulent?

    It’s common for financial advisors to share that they are uncomfortable thinking about a move when the markets are unsettled. But how does an advisor know if now is the right time to consider change? Learn that and more.

    • 35 min
    Ex-Merrill ACTM Chair to Independent Business Owner: A Former Insider’s Point of View

    Ex-Merrill ACTM Chair to Independent Business Owner: A Former Insider’s Point of View

    Kelly Milligan describes his journey at Merrill from zero to $1.5B in AUM, his role as Chair of the ACTM, the change in culture at the firm and how that motivated him and his team to launch independent firm Quorum Private Wealth.

    • 1 hr
    From Institutional to Private Wealth: A Former UBS Advisor on Growth, Expansion and Building a $6B Firm

    From Institutional to Private Wealth: A Former UBS Advisor on Growth, Expansion and Building a $6B Firm

    Phil Fiore and his team felt limited at UBS in their ability to grow and customize services for their largely institutional client base. So they launched Procyon Partners, have expanded services and are achieving extraordinary M&A success.

    • 52 min
    Update on Transitions: Communicating the “Why” of a Move to Your Clients

    Update on Transitions: Communicating the “Why” of a Move to Your Clients

    A financial advisor’s move should be to improve client service because it’s the clients who drive business growth and value. Here’s how to communicate “what’s in it for them” so they can see the positive impact of the change.

    • 31 min
    Creating a Referral Engine: An Expert’s Advice on Asking for – and Receiving – the Right Introductions

    Creating a Referral Engine: An Expert’s Advice on Asking for – and Receiving – the Right Introductions

    Bill Cates has helped financial advisors move from incremental growth to exponential growth by communicating more compelling value and multiplying their best clients by accessing the power of referrals. Bill shares his best tips to create your own referral process with Louis Diamond.

    • 54 min
    Expert Advice for Non-Protocol Moves: What Advisors at Ed Jones and Other Firms Need to Know

    Expert Advice for Non-Protocol Moves: What Advisors at Ed Jones and Other Firms Need to Know

    While advisors successfully transition out of non-Protocol firms each and every day, doing so comes with added risks. Attorney David Gehn, whose expertise is in representing advisors in transition, shares advice with Jason Diamond.

    • 45 min

Customer Reviews

4.5 out of 5
67 Ratings

67 Ratings

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.

2008TL ,

Great insights

A great way to get real life insights from advisors who left big firms to go independent. Excellent!

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