Diamond Consultants

MARCH 14, 2023

In a world driven by the bottom line, the root of contentment often lies behind less “easily measured” criteria For all of the time, energy, effort, and money that firms spend on recruiting advisors, there’s one critical question they often neglect to address. That is, “ What makes advisors happy?” Now put yourself in their shoes.

Financial Advisor 59

Financial Advisor Recruitment Clients Assets 59

Diamond Consultants

JUNE 28, 2023

They want to have a sense of ownership over how they run their practice—including the ability to hire and fire team members, distinguish themselves from their colleagues by marketing their business creatively, and be allowed to run their practice without as much interference from compliance. First, UBS left the Protocol for Broker Recruiting.

Compliance 52

Compliance Recruitment Clients Compensation Planning 52

Diamond Consultants

MAY 27, 2022

For those advisors who’ve left the firm, it often comes down to some version of the following: The unique, fraternal feel that drew so many to the firm in years past is now gone, having been replaced by heavy-handed management, onerous compliance protocols, inflexibility around outside business activities, and disputes over book ownership.

Recruitment 52

Recruitment Clients Compliance Wealth Management 52

Diamond Consultants

DECEMBER 5, 2023

Increasing bureaucracy, rising compliance restrictions, diminishing freedom over investments, and client communications—just a few of the issues we hear about from advisors every day. The best team members make a wealth management business operate like a well-oiled machine.

Clients 52

Clients Compliance Retirement Management 52

The Big Picture

APRIL 25, 2023

Brian Hamburger has been one of the leading authorities in the world of registered investment advisories, broker-dealers, SEC regulatory compliance. Now, full disclosure, Ritholtz Wealth Management has been around a decade. And I would constantly hear them frustrated by the compliance department. We retained your firm.

Compliance 162

Compliance Clients Wealth Management Management 162

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He’s a member of the management committee. He co-chairs a number of the asset management investment committees. JULIAN SALISBURY, CHIEF INVESTMENT OFFICER OF ASSET AND WEALTH MANAGEMENT, GOLDMAN SACHS: Thanks, Barry.

Assets 299

Assets Clients Investing Investments 299

Diamond Consultants

DECEMBER 20, 2022

A look back – and forward – on the forces behind an evolving wealth management industry. For instance, while Rockefeller Capital Management and First Republic Private Wealth Management led the headlines by landing some of the industry’s most elite teams, the real news was actually in the wirehouse world.

Recruitment 59

Recruitment Compliance Wealth Management Banking 59

The Big Picture

JULY 29, 2024

There are few people who have her unique insights into the inside baseball of what drives change in actual wealth management, not only working with FINRA and the SEC on the regulatory side and working on the technology side, but having some insight into behavioral finance and understanding what advisors need to help their clients obtain their goals.

Clients 147

Clients Portfolio Financial Advisor Investing 147

Sara Grillo

SEPTEMBER 26, 2022

The debaters are: Robert Wright, CFP®, a financial consultant with Advocacy Wealth Management. Prior to joining Advocacy Wealth Management in 2022, Robert served in a variety of positions at Fidelity Investments and Morgan Stanley as a Financial Consultant. Robert will be on the “for” team. Scott Salaske of Firstmetric.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

Diamond Consultants

MARCH 25, 2025

This is why firms like RBC and Raymond James have been so successful in recruiting wirehouse advisors, touting strong cultures that advisors can feel from day one. We often facilitate name-blind calls between an advisor recruit and an advisor at the prospective firm. This concept also includes exception management.

Wealth Management 52

Wealth Management Management Recruitment Compliance 52

The Big Picture

MAY 16, 2023

Um, case anybody that says anything, non-compliant, compliance tracks that also the watch list is just sort of fun. Josh Brown is the partner at Ritholtz Wealth Management, but for you, I never would have met Josh. RITHOLTZ: I have a behavioral finance list. I have a, I have everybody in my firm on a list. I have a car list.

Media 290

Media Investments Investing Valuation 290