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

Wall Street Meets Main Street: How RBC Wealth Management Combines a Global Approach with a Regional Feel

12/1/2021
How did a bank out of Canada rise to the ranks in the US wealth management space? RBC Wealth Management–U.S. President Tom Sagissor shares an insider’s perspective, plus why their “Wall Street meets Main Street” culture is attracting some of the industry’s top advisor talent, and much more.

Duration:00:59:01

Creating Continuity: A UBS Breakaway on Building a Virtual Multi-Family Office

11/17/2021
Rich Mullen of $1.75B RIA platform Pallas Capital Advisors shares creative ways he grew the business serving ultra-high net worth clients with a level of continuity that he could not achieve on his own or as an employee of UBS.

Duration:00:47:55

A Culture of Choice: Why Raymond James Rocks the Regional Space and Advisor Recruiting

11/9/2021
Advisors’ desire for greater agency in serving clients and growing their businesses is driving growth toward regional firms like Raymond James & Associates. Tash Elwyn, President and CEO, discusses how choice is the foundation of the firm’s culture.

Duration:00:55:29

Industry Update on Merrill’s Project Thunder: Too Little Too Late?

11/3/2021
Merrill’s recognition of the incongruence with their advisors via Project Thunder and limiting comp changes leaves some unanswered questions. This episode delves into those questions, what’s bugging advisors most and if it’s all too little too late.

Duration:00:25:50

Regional Culture, Global Capabilities: Stifel’s $400B Success Story

10/24/2021
Ron Kruszewski, Chairman and CEO of Stifel Financial Corp., shares how the firm serves as an example of what a regional firm is representative of today, and discusses their extraordinary growth, the appeal of their entrepreneurial culture, and more.

Duration:00:52:18

Motivated by the Long Game: Why a UBS Breakaway Left a Deal Behind for Independence with Summit Financial

10/19/2021
Monish Verma describes an instructive breakaway journey, from due diligence and decision-making, foregoing an outsized recruiting deal check, opting to sell equity and how his choice to go independent with Summit Financial is resonating today.

Duration:00:52:46

A Losing Battle at Merrill: Why a Former Leader Left the Herd for Independence–the Value of Culture and the “Intoxicating” Effects of Freedom

10/12/2021
To Greg Franks, the “bankifying” of Merrill, which he served at for nearly 3 decades, was nothing short of “tragic.” The former Merrill leader shares his experience and the story of his own leap to independence to the helm of Snowden Lane Partners.

Duration:00:55:50

Third Gen UBS Breakaway Finds Sanctuary: $150mm in Assets and a Long Runway to Grow

10/6/2021
Next gen Tom Stadum realized that he had a long runway and greater opportunity beyond UBS. So once his partner/father fulfilled the obligations of his retirement agreement, Tom left to build independent firm Fjell Capital with Sanctuary Wealth.

Duration:00:42:53

Industry Update on Recruiting: Should you go for the forgivable loan?

9/30/2021
The convention of offering a forgivable loan or recruitment deal has been the subject of a long-standing debate in the wealth management industry. Should advisors take the upfront deal or opt for the long-term potential of independence?

Duration:00:31:00

Why a $5B UBS Breakaway Team Set Out to Build the “Boutique Firm of the Future”

9/23/2021
Ex-UBS $5B advisors, Rob Sechan and Jeff Kobernick found that servicing their UHNW clients became difficult at the wirehouse and wanted more than other firms offered. So they built RIA NewEdge Wealth with EdgeCo Holdings and other UBS veterans.

Duration:00:53:34

Industry Guru Bob Veres on Achieving Excellence and Building the Advisory Firm of the Future

9/17/2021
Few in the financial services media that have the experience and name recognition of Bob Veres—and less are as outspoken. He candidly discusses the advisory firm of the future, growth, client service, technology, and the role of financial advisors.

Duration:00:49:59

Ask the Breakaways: 3 Advisors Answer Your Questions About Making the Leap

9/9/2021
Special Episode: A panel of 3 breakaway advisors share the details of their journeys—Lori Siegel, founding partner, Centrix Wealth Partners; Michael Henley, founder & CEO, Brandywine Oak Private Wealth; and Terry Cook, CEO, Parcion Private Wealth.

Duration:01:12:44

An “Industry Outsider” Shows What’s Possible When Building a Financial Planning Firm from the Ground Up

8/26/2021
Anders Jones discusses how Facet Wealth’s combination of a lower-asset client target, specially-designed technology, remote client services and unique subscription-based model is serving as a template for financial advice firms of the future.

Duration:00:45:03

Better Together or Apart: A Breakaway Advisor Shares Why He and His Team Chose Separate Paths

8/19/2021
For Dan Johnson and his multi-generational team at Merrill it became apparent they each had different goals and timelines. He discusses why they chose different paths, opting for independence over a recruitment deal or inheriting a book and more.

Duration:00:45:41

How CPA Referrals Drove a Former Lincoln Financial Independent Group to $12B in Just 5 Years

8/12/2021
Paul Saganey’s 2016 decision to leave Lincoln Financial, build a multi-custodial hybrid RIA with LPL Financial and develop a CPA referral network has propelled the firm from $3.5B to $12B in 5 years. He shares how they achieved such growth and more.

Duration:00:46:26

How an ex-Wells Fargo Team Turned a “Paper Tablecloth” Vision into 3X Revenue and $8.5B in Assets in 5 Years

8/5/2021
Gerry Goldberg, of GYL Financial Synergies, joins the show to share why he felt Wells Fargo FiNet wasn’t independent enough and how, as an RIA, his team tripled their assets and revenue, in partnership with Focus Financial Partners.

Duration:01:02:21

Industry Update on Partnerships: 10 Questions to Help Identify if You’re Still Right for Each Other

7/29/2021
When it comes to building a strong business, nothing is better than a great partnership. Yet the shared mindset can change over time. Learn 10 questions to help determine if you’ve just hit a rocky patch or if breaking up may be the best path.

Duration:00:48:26

A Growth Story 87 Years in the Making: Why Boutique Firm William Blair is an Attractive Home for Top Advisors

7/22/2021
Ryan DeVore, of William Blair, joins the show to discuss the success of the boutique model, and talk about the amazing growth of the firm and how it compares to others like First Republic and Rockefeller, and much more.

Duration:00:48:06

Breaking Up: A Former $750mm UBS Advisor’s “Split” for Independence

7/15/2021
Ex-UBS advisor Robert Harris felt that the firm no longer allowed his team to serve their clients’ best and greater potential existed elsewhere. His partner didn’t agree. It’s a common thread amongst many partnerships who reach this crossroads.

Duration:00:44:38

Solving for Freedom, Control & Succession: How the Next Gen of a $330mm UBS Team Forged a Path to Independence

7/8/2021
Next gen advisor Bryan Garris wanted what other independent advisors had: The freedom and control to serve clients as true fiduciaries. After careful due diligence and planning, he and his partners left UBS to launch RIA TriaGen Wealth Management.

Duration:00:52:27