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. read less

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

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

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.

Episodes

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

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

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.

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

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

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?

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

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

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

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.

An Advisor’s Guide to 2024: The Impact of 2023 on the Coming Year

An Advisor’s Guide to 2024: The Impact of 2023 on the Coming Year

A review of the most influential trends that impacted advisors in 2023, plus predictions and actionable guidance for 2024 to help advisors think more strategically and set longer-term goals to grow, protect, and future-proof their businesses.

Barron’s Top Advisor and Industry Visionary Steve Lockshin: Lessons from the Life of a Serial Entrepreneur

Barron’s Top Advisor and Industry Visionary Steve Lockshin: Lessons from the Life of a Serial Entrepreneur

The founder of AdvicePeriod, Vanilla, and others, offers a unique perspective on how an advisor’s entrepreneurial DNA can drive their ability to serve clients and grow untethered, particularly in the independent space.

The Founding Sanctuary Team: How These Wells Fargo Breakaways Built a $2.4B Business

The Founding Sanctuary Team: How These Wells Fargo Breakaways Built a $2.4B Business

What motivated this $1.6B multi-generational Wells Fargo team to leave the wirehouse world for supported independence with a relatively unknown broker dealer? Chris and Brian Cooke of Cooke Financial discuss their decision, growth, and more.

$1.6B 6 Years Later: Matt Celenza on Doubling Growth, Opportunity, and Life After Merrill

$1.6B 6 Years Later: Matt Celenza on Doubling Growth, Opportunity, and Life After Merrill

The founder of Boulevard Family Wealth revisits the show 6 years later to share an insider perspective on what he wishes he knew before breaking away from Merrill, including greater access to everything his UHNW clients needed and the positive impact on client service and growth.