One recruiter and consultant says the industry has gone through a “paradigm shift” and has decided to shift her practice accordingly: Mindy Diamond of Diamond Consultants.
The veteran recruiter recently expanded her work to include assisting independent financial advisors and the principals of wealth management firms in building their businesses.
“We have the associations and the industry knowledge to make smart and efficient introductions to help these professionals get where they want to go,” said Diamond.
“Whether they are looking to purchase another firm in order to expand their enterprise, monetize a portion of their business, or determine their succession plan, we are able to help make their goals a reality,” she added.
The shift from recruiting to consulting is a trend that Diamond sees playing out throughout the advisor landscape.