Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change-logo

Mindy Diamond on Independence: A Podcast for Financial Advisors Considering Change

Business & Economics Podcasts

While independence offers a great deal of freedom and flexibility, it’s not for all advisors. Financial Advisor Recruiter and Consultant, Mindy Diamond, explores the space and options available to help advisors assess if independence is right for them.

While independence offers a great deal of freedom and flexibility, it’s not for all advisors. Financial Advisor Recruiter and Consultant, Mindy Diamond, explores the space and options available to help advisors assess if independence is right for them.

Location:

United States

Description:

While independence offers a great deal of freedom and flexibility, it’s not for all advisors. Financial Advisor Recruiter and Consultant, Mindy Diamond, explores the space and options available to help advisors assess if independence is right for them.

Language:

English


Episodes

Learning from the Leaders: Bob Mulholland on Roadblocks, Change and the Wave Towards Independence

10/22/2020
Wirehouse veteran Bob Mulholland shares his experience at Merrill and UBS, plus perspective on changes at the wirehouses, the drivers towards independence, stemming advisor attrition at big brokerages, changing advisor sentiment and much more.

Duration:00:54:39

5 Tips for Financial Advisors on How to Get From $500mm to $5B

10/15/2020
A look at how financial advisors can take a giant leap in growth, for example, going from managing assets of $500mm to $5B or more. Financial advisor coach, podcast host and New York Times bestselling author Steve Sanduski joins the show.

Duration:00:48:35

Industry Update: Why Working from Home May Be One of Wealth Management’s Biggest Game Changers

10/8/2020
With nearly 60% of advisors currently working from home, how is that impacting their client relationships? And how are so many advisors still choosing to move in these uncertain times? Mindy Diamond discusses that and more in this Industry Update.

Duration:00:14:01

From $30mm to $55B: The Strategic Vision Behind Creative Planning’s Extraordinary Growth

10/1/2020
What’s driving the acquisition appetite of mega-RIAs? Peter Mallouk of $55B RIA Creative Planning has been driving inorganic growth like never before. He talks about his latest deals, his formula for growth, tips for buyer and sellers, and more.

Duration:00:51:28

Industry Update on M&A: Meet the Investors—Why It’s Important for All Advisors to Know Who They Are

9/24/2020
Who are the investors? How are deals structured? Why would an advisor choose to sell all or a portion of his business? What’s the downside? When to monetize? The answers to those questions and more for wirehouse and independent advisors.

Duration:00:28:59

From Ex-Morgan Stanley Advisor to One of the Biggest Breakaway Stories of 2019

9/17/2020
Why would a $6B team choose to leave behind the safety of Morgan Stanley - not to mention two-thirds of their assets - to make the leap to independence? Breakaway Jason Fertitta explains how he and his team decided to make the leap, forming RIA Americana Partners, how their high-net worth clients reacted to the news, and much more.

Duration:01:00:38

Industry Update: Understanding the Real Value of a Financial Advisor’s Business

9/10/2020
Many advisors wonder whether their business value can be maximized under a brokerage umbrella. Louis Diamond shares 3 valuation scenarios, as well as sheds light on why so many advisors choose to go independent on the back 9 of their careers.

Duration:00:33:42

How the Investment Playing Field Has Been Leveled for Even the Most Sophisticated Advisors and Their Clients

8/27/2020
Lawrence Calcano of iCapital Network discusses how their alternative investments (alts) platform helped close the gap for advisors who previously could not go independent without losing some, if not all, of their private fund access.

Duration:00:51:51

Industry Update: Why Rockefeller, First Republic and Other Boutique Firms Are Attracting So Many Top Advisors

8/20/2020
The 3rd of a 3-part series on the landscape of the wealth management industry explores today's boutique firms – a quasi-independent model – focusing on the top 2 firms in particular: Rockefeller Capital Management and First Republic Wealth Management.

Duration:00:16:34

Growing Up with Merrill Lynch: A Next-Gen Breakaway Story

8/13/2020
Merrill next gen inheritor Elizabeth "Lizzie" Evans discusses her decision to leave the firm on the heels of her father’s CTP agreement and cautions how Merrill's sunset package means buying something the next gen doesn't truly own.

Duration:00:49:42

Industry Update: A Deep Dive into the Wirehouses and Regional Firms

8/6/2020
Beginning her deep dive into the ever-changing landscape of the wealth management industry, Mindy Diamond explores the defining characteristics of wirehouse and regional firms, how they've changed in recent years, and much more.

Duration:00:15:55

Inside Baseball on Building and Growing an Independent Firm

7/30/2020
Mega-RIA firms are setting the pace of massive growth through ambitious acquiring practices and smart recruiting. Marty Bicknell, of Mariner Wealth Advisors, talks about his firm’s successes, shares advice for firm owners and breakaways, and more.

Duration:00:58:53

How These 3 Firms Carved a New Path and are Changing the Wealth Management World At Large

7/23/2020
3 “ex-wirehouse-turned-independent-industry-leaders” in a rare single forum: Shirl Penney of Dynasty Financial Partners, Jim Dickson of Sanctuary Wealth and Rich Steinmeier of LPL Financial. They join Mindy Diamond to share an “insider’s view” of the wirehouse world, wealth management, independence, and more.

Duration:01:15:55

Industry Update: What the Wealth Management Landscape Looks Like Today

7/9/2020
Mindy Diamond takes a close look at the ever-evolving landscape of the wealth management industry, outlining the “continuum” of models—comparing and contrasting features and benefits for financial advisors.

Duration:00:23:25

Looking at M&A from the Seller’s Side of the Table

6/25/2020
Jeff Concepcion of Stratos Wealth Partners shares why he chose Emigrant Partners as a capital partner, what independent firm owners need to do when preparing for an acquisition, how he grew his firm from zero to $14B AUM in just 12 years, and more.

Duration:00:54:57

Looking at M&A from the Acquirer’s Side of the Table

6/18/2020
Part 1 of 2 on M&A: Karl Heckenberg, president and CEO of Emigrant Partners, discusses how the firm's value proposition, plus the well-established clout of the Milstein family, is representative of a “new breed of acquirers” in the RIA space.

Duration:00:53:37

A Big Picture Look at the State of Recruiting

6/11/2020
In this 10-minute update, Mindy Diamond explores the recent uptick in financial advisor recruiting activity, answers the questions we’re hearing most often from advisors, and shares the threshold question for advisors considering change.

Duration:00:11:38

Controlling My Destiny: Insights from a $300M UBS Breakaway

6/4/2020
Former UBS advisor Lori Siegel CFP of Centrix Wealth Partners talks about her first year of independence, forming Centrix Wealth Partners with Raymond James Financial Services, and how the ability to control their own destiny was a powerful driver.

Duration:00:43:29

Life After Goldman Sachs: A Story of Extraordinary Success

5/28/2020
Justin Berman left Goldman Sachs 10 years ago to build his own independent firm, at a time when such a move was much less common. How did he find the courage to leave the Goldman imprimatur, brave the firm's 60-day Garden Leave, and build the now $3B Berman Capital Advisors? He explains all this and more with Mindy Diamond in this podcast episode.

Duration:00:51:19

The Evolution of an RIA from Practice to Enterprise

5/21/2020
Tim Bello of Merchant Investment Management discusses the growth of the independent space and the burgeoning cottage industry that fills capital, service and support gaps, creating new paths for those who have a desire to grow their own enterprises.

Duration:00:51:53