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The Diamond Podcast for Financial Advisors

Business & Economics Podcasts

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.

Location:

United States

Description:

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.

Language:

English


Episodes
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A Blueprint for Building a Wealth Management Enterprise to $3B and Beyond

5/23/2024
After a dozen years in the wirehouse world, Reza Zamani began to recognize the limitations inherent to the model. So in 2012, he left to launch SteelPeak Wealth with $250mm in AUM. Today, they manage $3B and have 20 advisors on their team. Reza discusses how the decision to break away led to tremendous growth.

Duration:00:39:44

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Building a $6B+ Firm by Listening to Clients: The Formula for Mastering Excellence and Creating a Superstar Enterprise

5/16/2024
Since his last visit on the show 5 years ago, Rob Nelson’s NorthRock Partners has grown exponentially, serving a high net worth client base of professional athletes, entrepreneurs, and corporate executives. Rob offers valuable lessons derived from finding the “clearest path to excellence” for his clients and the NorthRock team.

Duration:00:56:54

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$10B Summit Financial’s 3X Growth in 4-Years: The Story Behind the Rise of a 42-Year-Old RIA

5/9/2024
The Director of Business Development and Growth, Ed Friedman, shares the secret sauce driving Summit’s growth surge. It’s a perspective on the evolved independent space, with actionable advice on culture, outsourcing, the value of minority investors, and other essential insights for advisors and business owners.

Duration:00:56:46

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How the FTC’s Rule on Non-Competes May Impact Financial Advisors: An Attorney’s Perspective

5/2/2024
Attorney Matt Baum breaks down the facts on the latest FTC Noncompete Rule, the potential impact on an advisor’s business, current agreements, the ability to transition, and more.

Duration:00:29:17

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A $1B+ Wells Fargo Breakaway Team Gets Re-Energized in a New Model

4/25/2024
In building a $1B business at Wells, Angie Ostendarp and Jordan Raniszeski realized they had outgrown the model, which limited their ability to serve their clients and continue their growth trajectory. They share why supported independence was the right fit and how it’s changed their path toward the future.

Duration:01:02:16

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How Badly Do You Want It? A Process to Help Assess Whether Change is “Worth It” — A Special Industry Update

4/18/2024
In looking for “better ways” to foster growth and solve for other long-term goals, advisors need to weigh the value of pain vs. gain when it comes to a transition. In this special episode, Mindy and Louis Diamond share a process for answering the seminal question: Is change really worth it?

Duration:00:35:00

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Leaving the 4-Decade Legacy Behind: Why this $1.5B Merrill Family Business Opted for Independence

4/11/2024
Brent and Brad Chappell share unique perspectives as next gens of a business conceived by their father decades ago at Merrill. They offer insightful thoughts about family dynamics and succession, the value of mentors and education, what it takes to build a $1B wealth management business, and more.

Duration:01:02:34

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Michael Kitces on Advisor Wellbeing: How Autonomy is Trumping Income When it Comes to Advisor Happiness

4/4/2024
Listen in for an insightful and revealing look into advisors’ minds and what really makes them happy, based on data from the latest Kitces survey. Learn the motivations and drivers that lead not only to success but to a better quality of life.

Duration:00:54:13

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Advisor Success Formula: Closing the Gap Between HNW Client Expectations and Advisor Services

3/28/2024
In a more competitive and commoditized world, it’s critical to leverage any advantage available to be more intentional and thoughtful in managing and growing your business. This episode takes a deep dive into John Bowen’s latest report to identify action items to help advisors get started on a new path to thinking about delivering exactly what clients want.

Duration:00:51:08

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4 Decades and 3 Generations Later: Former Edward Jones Family Business on Their Path to Growth

3/21/2024
What motivated the founders of Holistic Planning to leave Edward Jones, a firm their family built a business at over more than four decades? They discuss their thought process, the transition, and the growth opportunities they are now experiencing.

Duration:00:51:24

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What Advisors Should Focus on to Maximize the Value of Their Practice: An Investment Banker’s Guidance

3/14/2024
Dan Seivert of ECHELON Partners offers perspective to help advisors better understand their business’s value drivers and how to maximize each, even if you aren’t interested in going independent or selling your business.

Duration:00:47:11

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An Industry Update on Advisor Transitions and Deals: The 2023 Report

3/7/2024
In the Advisor Transition Report’s companion podcast episode, Louis and Jason Diamond explore the key takeaways and their anticipated influence on activity during 2024 and beyond.

Duration:00:40:58

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Growth Strategies: An Ex-Merrill Advisor on Going from Practice to Firm to $4B Enterprise

2/29/2024
Brett Bernstein realized that he could not achieve his vision and goals within the wirehouse world. So he set out to build his own practice. When he outgrew that, he built a firm. Now, he’s building an enterprise.

Duration:01:01:09

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Top Tips for Setting Your Business Up for Success Years Before a Move: An Industry Update

2/22/2024
A breakdown of the steps advisors can take to prepare for change and enhance business processes, equally effective for those at the curiosity stage or even deep into due diligence, and whether you ultimately make a move or not.

Duration:00:32:34

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The Next Chapter: Former First Republic Head Launches RIA with Backing from PE Firm Summit Partners

2/15/2024
Former President of First Republic Private Wealth Management Bob Thornton talks about the fallout from the banking crisis and his new chapter building an RIA backed by private equity firm Summit Partners.

Duration:00:58:27

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Trading Short-Term Gain for Long-Term Success: An $850mm UBS Breakaway Story

2/8/2024
Former UBS advisor Barry Mitchell discusses why he messed with success in the quintessential narrative for financial advisors around how to think about change, due diligence, the transition process, and more.

Duration:00:57:29

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Bourbon, Real Estate, and Golf Courses: How Innovations in Investments, Training, and Client Service Built a $9.4B Business

2/1/2024
Gary Furukawa and Erik Morgan of Freestone Capital share how their success is driven by creating unique solutions for clients, training their team, and managing investments.

Duration:00:55:38

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Embracing a Growth Mindset: Best Practices for Top Advisors from AllianceBernstein’s Head of Private Wealth

1/25/2024
Top firm leader, Onur Erzan discusses how a growth mindset transcends AllianceBernstein’s culture, from its enhanced value proposition to its blend of proprietary and open architecture solutions.

Duration:00:49:22

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Building a Business with Intention: The $5B Callan Family Office Recipe for Success

1/18/2024
Jack Ginter, CEO and Partner of Callan Family Office, discusses how understanding the unique needs of clients and delivering upon those needs are the key to building a world-class advisory business. The 30-year industry veteran shares his journey and offers actionable advice to advisors of all levels.

Duration:00:58:54

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2023’s Most Valuable Insights on Transitions, Independence, and Advisor Growth

1/11/2024
A compendium of the best advice from top advisors on eliminating limitations and bureaucracy, fostering growth, maximizing business value, and ensuring your firm is the right place for your clients and business for the long term.

Duration:01:09:26