The Diamond Podcast for Financial Advisors
Mindy Diamond Financial Advisor Recruiter and Consultant
Launched in 2017 as Mindy Diamond on Independence, the show has taken on a broader perspective beyond the independent space to include topics, insights, and candid conversations around financial advisor transitions, growth, and an ever-changing industry landscape. Each episode is designed to offer objective guidance and actionable advice with some of the industry’s brightest movers and shakers.
Episodes
Mentioned books
Apr 29, 2021 • 48min
“Will My Clients Follow?”— A $500mm UBS Breakaway Success Story
Changing firms or models comes with some risk, one of the most critical being client portability. It was a risk that this 26-year UBS veteran and his $530mm team found was worth taking to better serve their clients without conflict and limitations. Guest Steven Tenney, Founding Partner and CEO, Great Diamond Partners.
Apr 22, 2021 • 46min
Demystifying Compliance for RIAs: What You Need to Know
Chris Winn of AdvisorAssist makes the topic of managing compliance less daunting in this conversation that dives into policy setting, how risk differs as an RIA, the relationship to workflow management, a changing regulatory environment and more.
Apr 15, 2021 • 32min
Industry Update: 10 Reasons Why Some Financial Advisors Shouldn’t Go Independent
There are plenty of reasons why independence isn’t for everyone. Listen in as Mindy and Louis break down the 10 most common reasons for financial advisors to “not make the leap.”
Apr 8, 2021 • 1h 10min
Michael Kitces on Everything Financial Advisors Need to Know About Growth
Industry rockstar Michael Kitces shares his thoughts on building a thriving practice, why scale isn't everything, marketing, organic and inorganic growth strategies and much more. It's a must-listen for every financial advisor and business owner.
Apr 1, 2021 • 54min
6 Months Later: Why a Former UBS Lifer Considers Independence His “Do Over”
While comfortable at UBS a decade ago, Ahmie Baum started to see things a bit differently when his son Brian joined the business. It was an awakening that made this wirehouse veteran reevaluate everything, and propelled his leap to independence.
Mar 25, 2021 • 41min
A Rare Glimpse into the Culture, Cachet and Success of First Republic
First Republic Private Wealth Management grew from $14.5B in AUM to more than $190B in the past decade. President Bob Thornton discusses what’s driving this remarkable success and making it one of the most attractive destinations for top advisors.
Mar 18, 2021 • 31min
Preparing for Exploration: 10 Practical Tips to Conduct a Strategic Due Diligence Process
In a wealth management landscape with more options for financial advisors than ever before, the need for a “strategic” due diligence process has become imperative. Mindy Diamond and Louis Diamond present 10 tips to guide the exploration journey.
Mar 11, 2021 • 44min
Transitions, Retire-in-Place Programs and Termination: A Top Attorney’s Perspective
Attorney Tom Lewis of Stevens & Lee shares advice for financial advisors on navigating transition, avoiding termination, Protocol vs non-Protocol moves, and what you need to know before signing a binding retire-in-place agreement with your firm.
Mar 4, 2021 • 38min
Beyond the Numbers: Key Insights from the Fidelity Advisor Movement Study
The conversation on “increased advisor movement” may seem anecdotal at times, yet it’s anything but. Scott Gorham, Vice President of Competitive Intelligence at Fidelity Institutional digs into key data from the Fidelity 2020 Advisor Movement Study, with Louis Diamond.
Feb 25, 2021 • 38min
Advisor Choice: How Models Like Wells Fargo’s First Clearing Offer Optionality and Flexibility
Multi-channel models are one of the hottest options for financial advisors, providing a path from employee to independence without changing firms. John Peluso, president of Wells Fargo’s First Clearing talks about the benefits, innovation and more.
