The Diamond Podcast for Financial Advisors

With Ryan Guth, Founder, Goldfin Group Overview Jason Diamond speaks with Ryan Guth, Founder of Goldfin Group, on moving beyond Edward Jones to build a business defined by control, differentiation, and entrepreneurial alignment. It’s a thoughtful conversation about independence, and what it really means to build a business that fits your clients, your strengths, and your long-term vision. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/SRQSjRbtRzY About this episode… Advisors usually don’t set out seeking change. In fact, the opposite is usually true. They build within a system, take advantage of the opportunities in front of them, and grow something meaningful over time. And for a while, that alignment works. But over time, priorities evolve. What once felt like the right environment can start to feel limiting: whether it’s how you serve clients, how you present yourself in the market, or how much control you really have over the direction of your business. And that’s where things begin to shift. In this episode, Ryan Guth, Founder of Goldfin Group, talks through that evolution in a very real and practical way. Ryan started his career at Edward Jones – an experience he still speaks very highly of – but ultimately decided to go independent to build a business that better reflected how he wanted to serve his entrepreneurial clients and express his entrepreneurial instincts. What makes Ryan’s perspective especially interesting is his background. Before wealth management, he was a musical conductor. And that lens carries through into how he thinks about the advisor’s role today—not as someone focused on products or portfolios, but as the person coordinating all the moving parts of a client’s financial life. Ryan unpacks it all with Jason Diamond, including: The decision to leave Edward Jones—and what he was looking to gain in independence. The importance of marketing—and how “differentiation” plays a major role in Goldfin’s success. The inside view of a transition—and what other advisors can learn both operationally and strategically. The alignment of his values and mindset with those of his clients—and how being an entrepreneur became more important over time. The impact of acquisitions—and Ryan’s firsthand perspective on the acquisition of his broker dealer, Atria. It’s a thoughtful conversation about independence, but more importantly, it’s about what it really means to build a business that fits your clients, your strengths, and your long-term vision. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Player or Coach? Why Every Advisor Eventually Has to Choose As advisory firms grow, founders often face a critical inflection point: double down on being a top producer or evolve into a leader who builds lasting enterprise value. The Annual Report on Recruiting, Deals, and Transitions A companion to our annual Advisor Transition Report, Jason Diamond and Louis Diamond unpack what’s driving advisor movement in 2025, and what the data reveals about control, growth, and where the industry is heading. IBD vs. RIA – Which Model Fits Your Future This guide offers a clear, side-by-side view of the two models—including distinctions between the DIY route of building an RIA from scratch and opting for a supportive independence platform to help align your business goals with greater options and opportunities. Diamond Consultants Edward Jones Advisor Transition Report 2025 This “firm-focused report” seeks to look under the hood at movement to and from Edward Jones from January to June of 2025. Have You Outgrown Your IBD or the Model Itself? Spending years inside the independent broker dealer framework can eventually spark a deeper reckoning. Advisors begin to look beyond the logo on the statement and ask a more fundamental question: does this structure still align with the future they’re building, or has their business outgrown its foundation? Ryan Guth Founder​ I lead Goldfin Group from Franklin, TN and Albuquerque, NM, where I combine strategic financial guidance with a deep understanding of entrepreneurs’ pivotal transitions. My leadership reflects a blend of professional insight and personal commitment, guiding clients toward aligning their financial strategies with their God-given purpose and gifts. I am a CERTIFIED FINANCIAL PLANNER™ professional. ​I am married to my wife, Amanda, and am the father to three boys. I enjoy all things entrepreneurial and am always on the lookout for new and innovative ways to solve bigger problems for more people, so they can be a greater force for good in the world. I recently became a

With Jason Diamond and Louis Diamond Overview A companion to our annual Advisor Transition Report, Jason Diamond and Louis Diamond unpack what’s driving advisor movement in 2025, and what the data reveals about control, growth, and where the industry is heading. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/JJGz4N0Y4UI About this episode… After thirty years of counseling financial advisors – including many of the most successful in the industry – we started to see patterns emerge. Sure, every advisor’s situation is unique. And firms evolve, markets change, and business models shift. But the underlying questions advisors wrestle with around control, growth, and enterprise value tend to repeat themselves. Increasingly, the answers to those questions are revealed in the data—that is, when you know where to look. This is exactly why we go through the yearly process of creating our Advisor Transition Report. And this year’s edition doesn’t disappoint. (If you haven’t downloaded your copy yet, get the latest edition here.) Just from raw numbers alone, here’s a spoiler alert: 11,172 experienced advisors changed firms in 2025 compared to 9,615 in 2024. In this companion podcast episode, Jason and Louis take a deeper dive into the data and provide additional color on: What’s actually driving that level of movement? Where are advisors going and why? Which firms are the winners? And who’s losing the recruiting game? What models have become most attractive to advisors and why? What’s the impact of AI on the role of the advisor and movement—and how will it shape the industry at large? How is the balance of power between advisors and firms evolving? Plus, they dive into some real-world transition case studies to further illustrate what’s driving change. It’s an episode that provides an inside perspective on the trends behind advisor movement and recruiting, and the potential impact on advisors and business owners alike. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The 4th Annual Advisor Transition ReportA data-driven look at where advisors are moving, why they’re making changes, and what it means for your business in 2026.

With Todd Stankiewicz, President & CIO, and Joe Castiglie, COO & CIO – SYKON Capital Overview Todd Stankiewicz and Joe Castiglie of SYKON Capital join Jason Diamond to discuss redefining success after Merrill, launching their own RIA, and how independence allowed them to combine institutional-caliber investing with behavioral insights to deliver peace of mind to clients. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/EoWNsiS_-AA About this episode… For many advisors, success at a wirehouse is relatively easy to measure by assets, production, and growth. But what happens when those metrics don’t reflect what should come by way of success—that is, a sense of feeling fulfilled? This episode dives into the moment when two successful Merrill advisors realized that growth alone wasn’t the true measure of their success: it was delivering on their vision of providing real peace of mind to their clients. And that required a broader toolkit than the traditional model allowed. So, Todd Stankiewicz and Joe Castiglie decided to launch their own RIA, SYKON Capital, and build a firm grounded in full control from investment philosophy to client experience to culture. With Jason Diamond, Todd and Joe unpack their story, including: The turning point in their conversations—and when it shifted from “We’re building something successful here,” to “We might want to build something of our own.” Their definition of success—and how it evolved over time. Their introduction to the independent community—and why it changed their perspective. Their unique combination of institutional-caliber investment management and behavioral insight—and why they felt they could only achieve it in an independent model. The operational and leadership perspective—and what they found to be the biggest and most surprising challenges in launching an independent firm. For advisors who are successful where they are — but quietly wondering if there’s more on the other side — this conversation will challenge how you define control, growth, and impact. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Diamond Consultants Merrill Advisor Transition Report 2025 This annual “firm-focused report” takes a closer look at advisor movement to and from Merrill during the first half of 2025. Intentional Growth: How Top Advisors Build Businesses That Last Markets can be a tailwind, but building a durable business requires intention and a plan. Here are 5 core practices from the industry’s elite. Why So Many Successful Advisors Feel Stuck They’ve built thriving businesses. Strong production. Loyal clients. Growing teams. So why do so many successful advisors quietly wonder, “Why doesn’t this feel as good as I expected?” This episode tackles the psychology of success and what comes after it. Todd Stankiewicz President, CIO As President and Chief Investment Officer of SYKON Capital, I lead a firm built around one simple idea: it’s not just about the money, it’s about what your money enables you to do. We combine values-based financial planning with institutional-grade investment management, all grounded in behavioral insights. That means fewer cookie-cutter strategies and more tailored, actionable guidance that meets you where you are, and helps you get where you want to go. Whether you’re navigating a major life transition, looking to scale your wealth, or simply want more clarity and control, we’re here to simplify the complex and deliver advice that actually feels personal. Because at SYKON, we don’t just manage portfolios. We help people live better, more intentional lives. Joseph P. Castiglie III CFA As Chief Operating Officer and Chief Investment Officer of SYKON Capital, I am responsible for leading the firm’s investment strategy and overseeing day-to-day operational excellence — all with a singular focus: helping clients achieve meaningful, lasting financial outcomes. At SYKON, we work to ensure every element of the client experience is intentional, streamlined, and aligned with each individual’s goals and stage of life. From portfolio design to strategic planning and firm-wide processes, my approach reflects SYKON’s mission to meet clients where they are and guide them with clarity and care. By combining disciplined investment oversight with practical, real-world insight, I help deliver personalized financial strategies that support confident decision-making and long-term success.

With Dylan Ripley & Todd Vincent – Managing Partners and Financial Planners, Cedarwood Financial Partners Overview Todd Vincent and Dylan Ripley join Mindy Diamond to share the reality of leaving Edward Jones, defending a two-year lawsuit, and still nearly doubling their business. A candid look at resilience, and what really happens when the firm pushes back. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/G5-oAHz5kWQ About this episode… For many advisors considering change, the concern about legal retaliation from their firm often lingers in the background. But what if you move and that fear comes to fruition? What will it do to your business? And what if – instead of derailing you – it ultimately becomes a catalyst for growth? Every transition comes with some risk and uncertainty—even when you dot every “i” and cross every “t.” And a non-Protocol move adds an extra layer of complexity. This episode’s guests, Todd Vincent and Dylan Ripley, learned all that firsthand. Todd spent nearly 30 years at Edward Jones, and Dylan built his career there over more than a decade, eventually partnering with Todd in a multi-office practice overseeing close to $1B in assets. Over time, they realized they could do more for their clients – and grow the business faster – if they stepped outside the traditional firm model. In exploration, they liked the idea of having a support partner rather than building their own RIA and ultimately opted for Commonwealth Financial Network to launch Cedarwood Financial Partners. The transition itself went smoothly—that is, until they found themselves navigating a lawsuit from Edward Jones that lasted nearly two years. In one of our most candid episodes yet, Todd and Dylan walk through that experience with Mindy Diamond, sharing: The choice to leave Edward Jones—and what specifically motivated them to consider change. The initial transition—and when they learned they had “poked the bear.” The reality of defending a lawsuit—and how they worked through it. The value of messaging—and how partnering with a marketing firm was a gamechanger. Nearly doubling their assets under management, despite the lawsuit—and what key traits drove their success. It’s an episode that answers the question on every advisor’s mind, “What happens if the firm sues me?” and does so with candor and grace. Listen in to learn how resilience drives what comes next: how advisors can steady themselves, rebuild momentum, and grow on the other side of a challenge. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Top Tips for Setting Your Business Up for Success Years Before a MoveWhether you’re just exploring what’s out there or actively conducting due diligence, these insights will help you position your business and team for success, whenever the time is right. How to Avoid the Dreaded TRO: Legal Strategies for Advisors in TransitionAs TROs and lawsuits make headlines, two top attorneys who represented Merrill breakaways OpenArc, share how advisors can minimize risk, protect client relationships, and make a clean move with confidence. Dylan RipleyCEO / Financial Planner After serving his clients at Edward Jones for almost ten years, Dylan Ripley co-founded Cedarwood Financial Partners in 2022 following a tabletop discussion on how he and his partner could better serve their clients, scratching out their vision on a napkin. From that initial napkin chat, he began diligently working to make this vision a reality through extensive research and sweat equity. Dylan holds a Bachelor of Business Management from the Carlos Alvarez School of Business at The University of Texas–San Antonio. After joining Edward Jones, he earned the Accredited Asset Management Specialist certification through the College of Financial Planning. He has a passion to serve others and does so through his service to clients and his community involvement. He is a current member of the Rotary Club of Temple, serving on the board for two years. He’s also a small group leader at his church and active in local Chamber of Commerce events. Most recently he was asked to serve on the advisory board for the Salvation Army of Bell County. Dylan and his wife, Cayleigh, have three children. When he’s not serving his clients or community, he can be found experiencing the world with his family, chasing kiddos around a ball field, golfing, or attending any live concert he can. Todd VincentChairman / Financial Planner Todd Vincent co-founded Cedarwood Financial Partners after serving his clients at Edward Jones for twenty-six years. Prior to Edward Jones, Todd served fou

With James Poer, CEO Kestra Holdings, John Amore, President Kestra Financial and Fayez Muhtadie, Co-Head of Private Equity at Stone Point Capital Overview Louis Diamond sits down with James Poer (Kestra Holdings), John Amore (Kestra Financial), and Fayez Muhtadie (Stone Point Capital), who share unique vantage points of how scale, private equity, and alignment shape enterprise value in today’s wealth management landscape. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/jqE5vfTRewc About this episode… As advisory practices grow larger and more sophisticated, the definition of success is shifting. For many advisors, it’s no longer just about income or payout. It’s about ownership, alignment, and building something that carries real enterprise value. That shift raises important questions, such as: What does scale actually enable? How should advisors think about capital? And what does alignment really look like between firm leadership, capital providers, and the advisors they serve? To explore that, we invited three guests who see this from unique vantage points. James Poer, who leads Kestra Holdings, John Amore, who oversees the strategy and execution behind Kestra Financial’s growth, and Fayez Muhtadie, who represents Stone Point Capital, Kestra’s private equity partner. Kestra today operates one of the larger independent wealth management ecosystems in the country, supporting roughly 1,450 advisors and overseeing more than $160B in assets across its broker dealer and RIA platforms. Stone Point, for its part, is a financial services-focused private equity firm with decades of experience investing in banks, asset managers, insurers, and wealth platforms. Together, they represent a scaled, privately backed model that has become increasingly common in our industry. In this episode with Louis Diamond, they unpack what they describe as “multiple ways to win” actually means inside a platform of this size, including: The Kestra ecosystem—and how the firm has evolved from its founding to spin-off from NPF. The value of private equity ownership—and how common misconceptions impact the positive potential. The importance of cultural alignment—and how it can be preserved as firms grow. Growth and scale—and why James believes this business is not an income game, but a wealth game. Plus, the questions advisors should be asking when assessing their current firm or platform. If you’re evaluating scale, ownership, or long-term enterprise value in your business, this is a conversation worth hearing. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Is Scale a Necessary Evil in Wealth Management? Scale can provide a competitive advantage. Yet there might be scenarios in which bigger isn’t always better. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. How to Set Up Your Business to Maximize Enterprise Value Jason and Louis Diamond explore strategies for maximizing enterprise value, whether or not an advisor plans to move. Learn actionable insights, key business practices, short-term vs. long-term tactics, and real-world examples. James Poer Chief Executive Officer of Kestra Holdings James Poer is Chief Executive Officer of Kestra Holdings, an ecosystem of companies empowering high-performing financial advisors to achieve lasting independence. Together, Kestra’s businesses deliver a full end-to-end suite of wealth management solutions for success driven and entrepreneurial-focused financial professionals, including investment solutions, technology services, succession and monetization, insurance and planning services, trust services, and back-office support. James most recently chaired the Financial Services Institute (FSI) Board of Directors after serving for several years on the board. He currently sits on the Board of Advisors for the Langston Wealth Management Center at The University of Texas at Austin’s McComb’s School of Business, serves as Chair of Arden Trust Company’s Board of Directors, and is a member of the Board of Kestra Holdings. A true native Texan and alum of Texas Christian University, James currently resides in Austin, Texas. John Amore President of Kestra Financial As the President of industry-leading wealth management company Kestra Financial, John is committed to building out capabilities that empower the success of Kestra’s financial advisors and the fin

With Jim Dickson — Founding Partner and CEO, Elevation Point Overview Louis Diamond speaks with the founder and CEO of Elevation Point about building a next-generation independent platform focused on ownership, minority capital, data strategy, and scalable, durable advisory firms. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/D0-y8Q-DYvg About this episode… For decades, advisors operated under the assumption that there was a single path to success—a defined route dominated by the largest and most prominent firms. Over time, the landscape of options expanded, and the independent space matured. With it came a new set of challenges: how to turn the pursuit of freedom and control into something durable, scalable, and ultimately into a true enterprise. Jim Dickson has been thinking through that challenge for most of his career. After two decades at Merrill, Jim went on to found Sanctuary Wealth (a story we shared earlier in this series), where he played a central role in shaping what supportive independence could look like for growing advisory teams. Today, his own journey has entered a new chapter with Elevation Point—a next-generation independent platform focused on helping advisors take business ownership to a new level, with alignment, scalability, and long-term value at the core. In this episode, Jim and Louis Diamond talk about what led Jim to this new chapter, including: Elevation Point’s unique value proposition—and how it fills a gap in the landscape. The value of capital—and how Elevation Point adds value along the way. Increasing enterprise value—and what advisors can do to grow without sacrificing control. Ownership and alignment—and why “how much of the pie you actually own” becomes more important as firms grow. Growth and partnership—and what it really means to build a firm intentionally over time. AI, data, and technology—and how each can support better decision-making. This is a story about yet another evolution in the landscape of options available to advisors—and why the future of independence is less about exits and more about elevation. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The Right Way to Build a TeamThree strategies to create a foundation designed to foster long-term alignment and growth—and, ultimately, a legacy. MaxCeV™: How to Maximize Your Career Enterprise ValueThis tool breaks down four key factors that contribute to career enterprise value, offering a framework for advisors to conceptualize and achieve their full potential. An Advisor’s Guide to 2026: What 2025 Set in Motion and What Comes NextAs 2026 comes into focus, advisors face a new set of strategic questions. This Industry Update explores the forces reshaping growth, deal structures, and enterprise value—and what those shifts may signal for the new year and beyond. JIM DICKSON FOUNDING PARTNER AND CEO Jim Dickson is a seasoned executive, entrepreneur, private investor, and innovator in wealth management with over four decades of experience in the financial services industry. Renowned for his advocacy for independent financial advisors, Jim is a visionary leader with experience in designing and implementing high-growth strategies for advisory firms. Jim’s deep understanding of the industry landscape positions him as a driving force behind transformative change, empowering advisors and firms to thrive in an ever-evolving marketplace. His growth mindset for RIAs and independence-seeking advisors prioritizes an “advisor-first” approach, tailored to an advisor’s values and long-term vision. Jim co-founded Elevation Point with Mark Penske in 2024 to serve as a value-aligned growth partner to independence-focused advisors and RIAs. Jim previously founded and built nationally recognized wealth management firm Sanctuary Wealth, which he launched in 2018. He was the visionary behind Sanctuary Wealth’s Partnered IndependenceSM platform, providing elite advisors with all of the tools, services, and resources needed to fully and effectively serve their clients. Under Jim’s leadership, it grew rapidly into one of the industry’s top RIA firms, with more than $25 billion in assets and 76 partner firms in 28 states by 2023, when he left the firm. Prior to Sanctuary Wealth, Jim spent 20 years as a senior divisional executive building and leading strategy for Merrill Lynch in Indianapolis and Chicago. He began his career as an accountant at Ernst & Young in Indianapolis. Jim received his bachelor’s degree in accounting and finance from Butler University, where he later served on the Board of Trustees for six years. He has been

With Louis Diamond and Mindy Diamond Overview They’ve built thriving businesses. Strong production. Loyal clients. Growing teams.So why do so many successful advisors quietly wonder, “Why doesn’t this feel as good as I expected?” This episode tackles the psychology of success and what comes after it. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. Watch… https://youtu.be/nrmtRBlJJVs About this episode… We often speak with advisors who, by every external measure, are exceptionally well-performing. They’ve built real businesses, with strong production, loyal clients, and teams that continue to grow. Yet behind closed doors, many of these same advisors are quietly asking a different set of questions. Not “How do I fix what’s broken?” but “Why doesn’t this feel as good as I expected?” That tension is showing up more often than it did five or ten years ago. It’s not because advisors are failing. In many cases, it’s because they’ve won and now face another 15 or 20 years of “more of the same,” unsure whether comfort has replaced energy. This Industry Update is about that moment. Louis and Mindy Diamond unpack what we’re hearing from successful advisors across the industry: What feels different for successful advisors vs. five or ten years ago. Why success itself can become a constraint. How fear of change competes with fear of standing still. What the reality is regarding freedom and control. Why record valuations, longer careers, and the maturity of the independent space are changing the psychology of decision-making. They also discuss the right questions to ask before considering a move – questions about control, enterprise value, legacy, and time horizon – and how all advisors can create clarity without forcing a decision. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources How to Free Yourself from the “If Only” MindsetHere are the 5 most common self-limiting statements that advisors share—and ways to reframe your thinking. Limitless Growth: Building the Business You Want and the Life to MatchStephanie Bogan, founder of Limitless Advisor, offers a glimpse into the advice and perspective she shares with advisors and business leaders in the wealth management world, focusing on mindset and methods, and their relationship to achieving one’s best business life.

With Joe Duran – Managing Partner, Rise Growth Partners Overview He’s built and rebuilt some of the industry’s most successful firms and now he’s helping others do the same. In this episode, Joe Duran, the founder of Rise Growth Partners shares lessons from building, selling, and starting again, and how staying curious and adaptable fuels lasting success. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Joe Duran’s career has always been about reaching new heights—and then helping others climb on their own. A proverbial mountain climber himself, Joe built and sold two of the most successful firms in the RIA space: Centurion Capital and United Capital. Today, Joe sees himself as a sherpa—guiding the next generation of entrepreneurs through his latest venture, Rise Growth Partners. His story is one of constant reinvention, relentless curiosity, and the humility to keep asking one simple question: “What if I’m wrong?” Joe first joined us on the show back in 2020, shortly after the sale of United Capital to Goldman Sachs. Now, with the benefit of both hindsight and foresight, Joe revisits that experience and explores the mindset behind building truly world-class firms, including: The Goldman experience—and what he learned from the sale of United Capital. The development of Rise—and how he sees it helping to shift the narrative in the industry. Learning from your clients instead of your competitors—and why that’s the real key to building a world-class firm. Finding an investor that can “really help you—and why you need to look beyond “financiers.” Adding services without adding staff—and when you shouldn’t look in-house for solutions. Challenging your assumptions—and how to stay relevant in an industry that never stops changing. And why being great doesn’t necessarily mean being the biggest. Joe also reflects on how the industry can avoid the risk of mega-RIAs repeating the mistakes of the wirehouses. It’s a candid and thought-provoking conversation about reinvention, leadership, value creation, and what it means to evolve from mountain climber to sherpa from one of the industry’s trailblazers. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Why Settle for “Good Enough” When Great is Possible? In a vastly expanded industry landscape with more high-quality options than ever before, some advisors settle for “good enough” when the potential for “great” is often within reach. What’s holding them back? Limitless Growth: Building the Business You Want and the Life to Match Stephanie Bogan, founder of Limitless Advisor, offers a glimpse into the advice and perspective she shares with advisors and business leaders in the wealth management world, focusing on mindset and methods, and their relationship to achieving one’s best business life. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Joe Duran Managing Partner Joe Duran is a serial entrepreneur and an industry visionary in wealth management and wealthtech. Early in 2024, Joe and his team launched Rise Growth Partners (‘Rise’), the industry’s first harmonious financial partner. With firsthand experience in building nationally recognized registered investment advisers (RIAs), Rise’s team partners with middle-market RIAs, providing capital and strategic expertise. Previously, Joe was a Partner at Goldman Sachs, serving as Co-Head of the Workplace and Personal Wealth business. He founded and served as CEO of United Capital, one of the nation’s largest independent wealth management firms, which Goldman Sachs acquired in July 2019. Prior to that, he built and sold Centurion Capital–one of the first turnkey asset management platforms–to General Electric, where he served as President of GE Private Asset Management (now listed as NYSE: AMK). Joe is the author of three bestselling books on investing and entrepreneurship. He is a sought-after conference and podcast speaker and appears frequently on a broad spectrum of media, ranging from CNBC to Goop. Joe has MBAs from Columbia University and UC Berkeley, as well as an undergraduate degree from Saint Louis University. He is a CFA Charterholder and a member of the Young President’s Organization (YPO), the world’s largest leadership community of chief executives. A Yogi for decades, he meditates daily and is an avid beach volleyball player. Joe and his wife Jennifer ch

With Dennis Morton, Founder and Senior Wealth Advisor at Morton Brown Family Wealth Overview For Dennis Morton, succession isn’t a future problem, it’s a leadership obligation. Drawing on his experience as an Army platoon leader and co-founder of an independent firm, he shares how technical competence, accountability, and bold goals drive culture, next-gen leadership, and a business that can thrive beyond any one person. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… In wealth management, success is often measured by assets, growth, or longevity. But there’s another measure that’s harder to quantify and far more revealing: whether the business you’ve built can thrive without you at its center. For Dennis Morton, succession isn’t a future problem to solve. It’s a leadership obligation. Before co-founding Morton Brown Family Wealth with his partner Katie Brown, Dennis served as a platoon leader in the U.S. Army, including a deployment during the Iraq War. That experience shapes how he approaches leadership today: you have to be technically and tactically competent—but just as important, you have to be accountable to the people you lead. Without this combination, execution breaks down. In this conversation with Jason Diamond, Dennis discusses how that mindset directly informs how Dennis has built his firm, as well as: The road to financial advice—and how a poor experience with an advisor led him to consider joining a training program at Smith Barney. Finding the right partner—and how the ability to be “authentic” drives collaboration. The value of independence—and how it gave them the freedom to communicate openly, market authentically, and simplify complexity for clients. Setting bold, audacious goals—and how that creates clarity for leadership and teams. Cultivating next-generation leaders—and how it became central to his success strategy, not as a contingency plan. His leadership philosophy—and why he feels “you’re not a success without a successor.” This is an episode about stewardship, leadership, and building something that lasts beyond any one person—with important messages for individual advisors and business owners alike. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Advisors Late in Their Careers: Making Decisions Based on What Matters Most How clarity, legacy, and clients – not just simplicity – should guide your final career choices. Wealth Management Landscape at a Glance We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. An Advisor’s Guide to 2026: What 2025 Set in Motion and What Comes Next As 2026 comes into focus, advisors face a new set of strategic questions. This Industry Update explores the forces reshaping growth, deal structures, and enterprise value—and what those shifts may signal for the new year and beyond. Dennis Morton Co-Founder & Senior Wealth Advisor Dennis Morton is the Co-Founder of Morton Brown Family Wealth, a boutique Registered Investment Adviser headquartered in Eastern Pennsylvania, serving individuals and families nationwide. He is a speaker, podcast host, and industry thought leader known for his human-first approach to leadership, culture, and client experience. Founded with a vision to transform the way people experience financial advice, the firm has grown steadily through a relationship-driven model and a strong emphasis on developing people and building meaningful relationships. Dennis leads with a unique blend of strategic thinking, emotional intelligence, and long-term perspective. His advisory relationships are built on trust, deep connection, and a belief that financial planning should serve the whole person, not just the numbers. He is passionate about developing people, building sustainable teams, and creating an environment where both clients and professionals can thrive. A U.S. Army veteran, Dennis was awarded a Bronze Star for his service during Operation Iraqi Freedom. His military experience shaped his leadership style, instilling discipline, accountability, and a strong sense of responsibility. He brings authenticity and integrity into every aspect of his work, with a constant focus on doing what’s right for clients, colleagues, and the community. Dennis’s path to financial advising is unconventional. After earning a degree in history, completing four years of military service, and working in corporate management, he felt called to pursue financial advising. His early experience at a Wall Street wirehouse left him dissatisfied with the limitations of the traditional mo

With Jason Wenk—Founder and CEO, Altruist Overview A candid conversation on rethinking custody from the ground up—and why simplification, aligned economics, and integrated technology are becoming critical for advisors building modern, scalable firms. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… For decades, advisors have built their businesses on custodial infrastructure that was never designed to support how modern firms actually operate. In many cases, fragmented technology stacks, paper-heavy processes, and economic factors often benefit the platform more than the advisor or client. Jason Wenk saw that firsthand. Before launching Altruist, Jason built and scaled FormulaFolios from zero to over $4B in assets—giving him a front-row seat to what works, what breaks, and where traditional custody and technology create friction as firms grow. Rather than layering another tool on top of an already complex system, Jason made a far more ambitious bet: to rebuild custody, technology, and economics from the ground up as a single, fully integrated platform. In this conversation with host Louis Diamond, Jason pulls back the curtain on what it really takes to build a next-generation custodian, including: The myths around custody and brand—and why the next wave of growth may belong to firms willing to rethink the infrastructure they build on. Challenging long-standing assumptions around custody—and why Altruist built a vertically integrated solution from the ground up. The advantages of vertical integration—and why simplification, automation, and aligned economics are becoming essential to advisor growth. The real cost of complexity—and why so many advisors and business owners underestimate it. The value of AI and automation—and how Jason sees it will reshape the next-generation RIA. It’s a thoughtful, candid look at the future of custody and what it means for advisors who want to build scalable, modern businesses. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The Future of Prospecting: How AI Is Powering the Next Era of Advisor Growth FINNY Co-Founder Eden Ovadia shares how AI is transforming advisor prospecting: automating outreach, matching advisors with ideal clients, and freeing time for deeper human connection. A forward-looking conversation on what growth will look like in the next era of wealth management. The Four Horsemen of the Independent Apocalypse Model or partner misalignment is often the driver of these four common frustrations independent advisors encounter. Wealth Management Landscape at a Glance We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Jason Wenk Founder and CEO Jason Wenk is the Founder and CEO of Altruist, the only modern custodian that’s fully digital, vertically integrated, and built exclusively for RIAs. Jason has lived and breathed the financial services industry over the last 25 years as a financial advisor, investment systems developer, analyst, and founder of his previous company, FormulaFolios. With Jason as CEO, FormulaFolios achieved a 13,927% 3-year growth rate and managed over $3.2 billion. This rapid growth ranked the firm as a fastest-growing private company in the country by Inc. magazine 4 years in a row, reaching as high as #10. Jason was also recently named a national EY Entrepreneur of the Year in 2018. Also available on your favorite podcast app and other media sites

With Tim Krueger, Co-Founder and Partner at Krueger, Fosdyck, Brown, McCall & Associates – NewEdge Advisors, LLC Overview For many advisors, the real question isn’t how big the business becomes—but what happens next. This episode explores how Tim Krueger and his $1.4B Merrill team rethought succession, liquidity, and legacy to create long-term continuity. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… For many advisors, success is defined by growth: more clients, more assets, more revenue. But at some point, the question shifts from, “How big can we build this?” to “What happens next?” After nearly two decades at Merrill, Tim Krueger and his partners had built a $1.4B practice and one of the most successful teams in their market. By any traditional measure, the internal sunset path would have been the simplest option. But simplicity wasn’t the goal. Protecting clients, creating opportunities for the next generation, and preserving the culture they had built mattered more. That led Tim and his partners to make a very different decision: to break away from the wirehouse, sell out of that environment entirely, and align with NewEdge Advisors in a way that solved for succession, liquidity, and long-term continuity—simultaneously. In this conversation with Louis Diamond, Tim shares how focusing on other people’s needs – clients, teammates, and future leaders – became the ultimate growth strategy. Plus, they discuss: Lessons learned over nearly two decades at Merrill—and how structure, team building, and next gen cultivation become paramount. Stepping away from Merrill’s CTP retire-in-place program—and what other business owners shared with him that inspired the decision to leave the wirehouse. Opting to align with NewEdge Advisors—and how liquidity and continuity were key factors. “Shrinking to grow”—and why it isn’t just a portfolio philosophy, but a business one. Monetizing the business—and how the process can be a new beginning for the business, not an end for the business owners. Building a true runway for G2 and G3—and how it can create a rare win-win-win for founders, teams, and clients alike. It’s a candid look at what life after a wirehouse can unlock—and how thinking differently about succession can redefine both legacy and fulfillment. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Diamond Consultants Merrill Advisor Transition Report This annual “firm-focused report” takes a closer look at advisor movement to and from Merrill during the first half of 2025. The Transition Roundtable: Merrill, UBS, Wells, and Morgan Advisors Reflect on Their Paths Four top advisors who each left a major firm share how they built successful independent businesses on their own terms. Originally recorded as a live webinar, this candid roundtable explores the real fears, challenges, and opportunities of transition, and what advisors wish they’d known before making the leap. Shrink to Grow: Why Advisors are Making the “Strategic Decision” to Let Go of Assets In a world where bigger is considered better, many of Wall Street’s most talented and productive advisors are opting to go against the grain and leave chips on the table. Tim Krueger With over four decades years of experience in financial services, Tim Krueger is a recognized leader in wealth management. As Co-Founder and Partner at KFBMA, Tim provides strategic oversight for the firm’s vision, growth, and operational excellence. He guides key initiatives, mentors advisors, and ensures that KFBMA remains at the forefront of industry’s best practices, delivering a client experience defined by trust, innovation, and results. Drawing on decades of experience in private wealth management, Tim combines strategic insight with deep expertise in investment planning, risk mitigation, and tax-efficient strategies. His commitment to building enduring relationships ensures that every recommendation is tailored to deliver meaningful, long-term results aligned with each client’s goals and family priorities Tim is known for creating comprehensive, highly personalized wealth management strategies that reflect the goals, values, and family priorities of his clients. His approach combines strategic insight with a commitment to building lasting relationships, ensuring advice that drives meaningful, long-term results that align with each client’s goals and family priorities. In 2025, Tim partnered with Cory Fosdyck, Jerry Brown, and Collin McCall to establish Krueger, Fosdyck, Brown, McCall & Associates (KFBMA)—an evolution of the highly regarded Krueger, Fosdyck & Associa

With Jason Ozur, Founding Partner, Chief Executive Officer, Lido Advisors Overview As firms pursue scale, advisors face a critical question: how do you grow without compromising the client experience? Jason Ozur joins the show to explore what intentional growth really looks like and what scale can enable when culture and clarity come first. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Over the last decade, scale has become one of the defining themes in wealth management. Larger firms promise broader resources, deeper infrastructure, and expanded opportunity. But they also raise a fair question: at what point does growth begin to work against the client experience it’s meant to enhance? That’s the center of today’s conversation. Jason Ozur and his partners at Lido Advisors have built one of the largest RIAs in the country, managing more than $40B in assets, while maintaining a family-office mindset and a distinctly client-first culture. What’s notable is not just the firm’s growth, but how intentionally it has been pursued. Jason talks about Lido’s growth story and more with Jason Diamond, including: The real constraints on growth—and the roles of culture, capital, and clients. The role of the wirehouses in the modern landscape and how the RIA model differs. The realities of scale—and what it enables when done thoughtfully. The concept of “bigger is better”—and why Jason sees that as an oversimplification. Integration versus aggregation—and how Lido evaluates acquisitions. The evolving role of private equity in the RIA space—and why access to capital doesn’t have to come at the expense of independence or client outcomes. It’s a candid look at what sustainable growth actually means—and what advisors and owners should consider as firms across the industry continue to grow. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Is Scale a Necessary Evil in Wealth Management? Scale can provide a competitive advantage. Yet there might be scenarios in which bigger isn’t always better. How to Set Up Your Business to Maximize Enterprise Value Jason and Louis Diamond explore strategies for maximizing enterprise value, whether or not an advisor plans to move. Learn actionable insights, key business practices, short-term vs. long-term tactics, and real-world examples. IBD vs. RIA – Which Model Fits Your Future This guide offers a clear, side-by-side view of the two models—including distinctions between the DIY route of building an RIA from scratch and opting for a supportive independence platform to help align your business goals with greater options and opportunities. Jason Ozur Chief Executive Officer Jason Ozur is the Chief Executive Officer of Lido Advisors, where he considers client focus central to his leadership and devotes significant time and attention to the individuals and families he serves. Based in Los Angeles, he also serves as Co-Chair of the investment committee, overseeing Lido’s alternative investment platform and leading due diligence on real estate oriented strategies. A Certified Public Accountant, Jason earned his B.S. from California State University at Northridge before beginning his career in public accounting. He worked as a CPA performing audits, preparing tax returns, and providing back-office services for numerous hedge funds. In 1999, he joined a large family investment office, becoming part of the team that managed the family’s substantial investments. During this time, he also served as CFO of the family’s worldwide water conservation company, which operated in more than 22 countries, and later provided financial oversight as controller for a multi-billion-dollar Los Angeles–based hedge fund. In addition to his executive and investment responsibilities, Jason is deeply committed to shaping Lido’s culture. He takes an active mentorship role within the firm, fostering an environment rooted in progression, excellence, and integrity. Also available on your favorite podcast app and other media sites

With Jason Diamond and Louis Diamond Overview As 2026 comes into focus, advisors face a new set of strategic questions. This Industry Update explores the forces reshaping growth, deal structures, and enterprise value—and what those shifts may signal for the new year and beyond. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Over the last year, we’ve seen meaningful shifts in how advisors think about growth, long-term strategy, and enterprise-value creation. Some of those changes were obvious. Others were quieter, but no less consequential. And with 2025 in the rearview mirror, the real question becomes: What does it all mean for the year ahead? Before this recording, we published our annual Of Myths and Moving article—a retrospective look at the narratives that shaped advisor decision-making in 2025. This conversation builds on that foundation, but with a different objective: to share perspectives on what the road ahead may look like. Listen in as Jason and Louis discuss: The most prominent developments from 2025—and those we believe will continue to compound and serve as inflection points for advisors and firms. Evolving deal structures—and what that means for advisors considering change. The business models under increasing pressure—and where we expect the most advisor movement to come from next. Creative capital constructs—and how it may impact the movement of top teams. The realities around growth and scale—and how expectations are shifting across the industry. The role of tech and AI—and whether advisors and firms will see advancements as a friend or foe. It’s an annual episode designed to help advisors think more clearly about the forces shaping their businesses and how to position themselves thoughtfully for what comes next. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Of Myths and Moving: 2025 6 common misconceptions in the wealth management industry that have new meaning for financial advisors in the coming year. The Transition Roundtable: Merrill, UBS, Wells, and Morgan Advisors Reflect on Their Paths Four top advisors who each left a major firm share how they built successful independent businesses on their own terms. Originally recorded as a live webinar, this candid roundtable explores the real fears, challenges, and opportunities of transition, and what advisors wish they’d known before making the leap. Top Tips for Setting Your Business Up for Success Years Before a Move Even if a move is years away, or just a possibility, these insights will help you position your business and team for success, whenever the time is right. Also available on your favorite podcast app and other media sites

With Sam Anderson, Chief Capital Officer and Co-Head of Dynasty Investment Bank at Dynasty Financial Partners LLC Overview Advisors are now weighing options once reserved for institutional executives. This conversation examines how a collaborative initiative between Diamond Consultants and Dynasty Investment Bank delivers objective, investment-banking-level analysis to help advisors evaluate value, control, and long-term outcomes with clarity. Watch… [video_embed embed_style=”default” url=”https://youtu.be/M5kzYVo-XVM” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… For the largest and most sophisticated advisory teams, the industry has reached an inflection point. Private equity continues to reshape valuations and deal structures. Retire-in-place programs at the wirehouses have become meaningfully more competitive. And multi-billion-dollar teams increasingly find themselves evaluating not just where to go next, but why—and what each option means from both a strategic and financial perspective. Yet one thing has become clear: Most advisors have never had access to true investment-banking-level analysis around value, liquidity, and long-term economics. As a result, they’ve been making the biggest decisions of their careers with incomplete or incomparable information. That gap is exactly what inspired the creation of the Breakaway Investment Banking Initiative—a joint effort between Diamond Consultants and the Dynasty Investment Bank designed to bring objective, institutional-grade financial insight into the advisor decision-making process. Sam Anderson, Chief Capital Officer and Co-Head of Dynasty Investment Bank at Dynasty Financial Partners, joins Louis Diamond to discuss the backstory and how this collaborative initiative can benefit elite advisors and teams, including: The breakaway landscape—and what’s changed in recent years. Private equity—and how it has influenced expectations. Autonomy vs. economics—and how to resolve the often-competing priorities. Short-term liquidity—and what its potential impact could be on long-term value. It’s an objective, candid look at the strategic and financial considerations that shape the biggest decisions large advisory teams will ever make—and how the Breakaway Investment Banking Initiative is designed to provide greater clarity to help advisors make critical decisions. Dynasty Investment Bank services are offered through Dynasty Securities, LLC, a broker-dealer, member FINRA/SIPC and a wholly owned subsidiary of Dynasty Financial Partners, LLC. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The Breakaway Investment Bank Initiative A single, coordinated framework for elite advisors that prioritizes objectivity, clarity, and long-term value. Dynasty Financial Partners and Diamond Consultants Partner to Launch the Breakaway Investment Banking Initiative Dynasty Financial Partners and Diamond Consultants, proudly unveil a unique initiative for top-tier wirehouse and broker-dealer advisor teams across the United States. The Missing Narrative of the $129B Merrill Breakaway Story The largest (and quite possibly most significant) advisor breakaway in industry history made news this week. Yet instead of leading with the scale or significance of the move, headlines centered on Merrill’s lawsuit alleging corporate raiding. Sam Anderson Chief Capital Officer, Co-Head of Investment Banking Sam Anderson is the Co-Head of Dynasty Investment Bank at Dynasty Financial Partners LLC. Prior to joining Dynasty, Sam was Senior Managing Director and a member of the Management Committee at Medley Management Inc. Prior to joining Medley, Sam was Head of Commercial Finance M&A within the Financial Institutions Investment Banking Group at Goldman Sachs. Prior to joining Goldman Sachs, Sam was a member of the Investment Banking Financial Services Group at Bank of America. Prior to his time at Bank of America, Sam held various positions at Citi Smith Barney. Sam is from New Portland Maine, a graduate of Bates College where he received his BA in Economics and was Captain of the Bates NCAA Division I alpine ski team. Sam currently lives in Vail Colorado with his wife Lisa and their three children. Sam and family are active in numerous local charities with a focus on youth sports. Also available on your favorite podcast app and other media sites

With Brandon Ross, CFP® — Co-Founder and Co-CEO, Quotient Wealth Partners Overview Quotient Wealth Partners proves that enterprise-scale growth doesn’t require private equity or shortcuts. This episode breaks down how discipline, culture, and organic momentum drove the firm’s rise to $4.4B—without sacrificing independence or client experience. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… When you look at the most successful advisory firms in the industry, many grew through acquisition, capital partners, or transition deals. But there’s another version of growth: one built through discipline, culture, and a relentless focus on doing the work. Today’s guest, Brandon Ross, has lived that journey from every angle. Before launching Quotient Wealth Partners, he built Peak Capital. Peak merged with Joe Duran’s United Capital early in its rise and later experienced the shift to a large-firm environment when United was acquired by Goldman Sachs. After years of experience across the spectrum – from independent to aggregator to Wall Street firm – Brandon identified the best elements of each model. So, when Brandon and his partners launched Quotient, they were intentional about what they carried forward and what they left behind. Ultimately, they created a firm with the freedom of independence, the scale of a modern enterprise, and a culture where growth starts at the top (not with a checkbook). It’s a philosophy that’s paid off. In just two years, Quotient has grown from $2.5B to $4.4B in AUM, powered almost entirely by organic momentum. The elements of Quotient’s success—and how they combined the innovation of Goldman Sachs, the independence of an RIA, and the drive of a startup. Launching their RIA—and why they chose the Dynasty Financial Partners platform. Building a growth engine—and how they turned it into a repeatable playbook. Advisor training programs—and how they create an unwavering focus on the client experience. Their referral culture—and how that powers their organic growth. Plus, Brandon explains why they’ve resisted private equity, why “sweat equity is the best equity,” how they’ve scaled without losing their entrepreneurial edge, and more. Listen in for a valuable growth story, grounded by a transitional experience few can offer. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The Good News on Marketing: An Industry Legend on How to Grow Bigger Faster A free session on accelerating growth via marketing with one of the leading firms in the wealth management industry. They offer advice on the value of content, the referral process, building strategic partnerships, CRMs and technology, and much more. A Strategic Guide to the Supported RIA Model While the model has become a go-to for advisors seeking independence, understanding the variety of types and options can be challenging. Here’s a breakdown of what advisors need to know. Brandon Ross Co-Founder and Co-CEO Brandon Ross is a Co-Founder and Co-CEO of Quotient Wealth Partners, an independent wealth management firm. Brandon, along with his dedicated partners, established the firm with a shared vision of delivering memorable client experiences while nurturing a thriving and positive employee culture. With over 26 years of expertise as a Certified Financial Planner, Brandon brings a wealth of experience to the firm, its advisors, and its clients. He is deeply committed to providing comprehensive financial planning and guidance tailored to each client’s unique needs and objectives. Prior to starting Quotient Wealth Partners, Brandon held key positions, Co-Founder of Peak Capital Investment Services, Managing Director/Head of Office at Goldman Sachs, PFM. Brandon holds a Bachelor of Science in Finance from Oklahoma State University. Beyond the firm, he finds joy in teeing it up on the golf course, watching sports, and cherishing moments with friends and family. Brandon and his wife Nicole are proud parents to two their two daughters, Sierra and Haley. Also available on your favorite podcast app and other media sites

With Eden Ovadia, Co-Founder of FINNY Overview FINNY Co-Founder Eden Ovadia shares how AI is transforming advisor prospecting: automating outreach, matching advisors with ideal clients, and freeing time for deeper human connection. A forward-looking conversation on what growth will look like in the next era of wealth management. Watch… [video_embed embed_style=”default” url=”https://youtu.be/YmXmI_rycjU” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Growth is every advisor’s goal—but it’s also one of the biggest challenges. Traditional prospecting requires time, effort, and often a readiness to do things most advisors prefer to avoid: networking, cold outreach, or endless follow-ups. Eden Ovadia and her co-founders developed FINNY to change that. Using artificial intelligence, FINNY automatically identifies and matches advisors with ideal prospects (those who share their values, interests, and financial needs) and even reaches out on the advisor’s behalf with personalized messages across multiple channels. The result? A platform that helps advisors grow while doing less work. It’s what Eden calls the “holy grail of growth.” Eden joins Louis Diamond in this episode to explore how AI is transforming client acquisition and what it means for the future of advice, including: Eden’s background—and what she learned at Y Combinator and BCG that shaped FINNY’s vision. FINNY’s data engine—and how it works to match clients and advisors “like a dating app for wealth management.” Using AI to scale personalized outreach—and why the next generation of advisors is embracing this concept. AI and its impact on human connection—and why she believes technology will free advisors to actually spend more time doing what AI cannot do. The biggest myth around AI—and how tools like FINNY will help create better and more relevant connections. It’s a fascinating look at how the next wave of innovation is making growth smarter – and more human – than ever before. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Human Intelligence in the Age of AI: Why Recruiters Still Matter Artificial intelligence can analyze firms and deals. It can’t replace the insight and advocacy that help advisors make the right move. The Best of the Best: 10 Ways Top Advisors Are Growing Their Businesses A “Top 10” list of firm-level innovations and grassroots methodologies from some of the most successful advisors, teams, and firm in the business. Listen in to spark ideas designed to drive greater growth. Top Tips for Setting Your Business Up for Success Years Before a Move Whether you’re just exploring what’s out there or actively conducting due diligence, these insights will help you position your business and team for success, whenever the time is right. Eden Ovadia Co-Founder Eden launched FINNY alongside her co-founders in May 2024 to tackle the organic growth challenge facing RIAs. FINNY’s AI technology automates lead identification, prioritizes high-potential prospects and streamlines how advisors connect with clients. Under Eden’s leadership, FINNY has seen early success—earning acceptance into the Y Combinator startup accelerator program and raising a $4.3 million seed round in December 2024. She brings a deep background in AI, software engineering and entrepreneurship to her work, combining technical expertise with a strategic lens. Before co-founding FINNY, Eden was an Associate at Boston Consulting Group, where she primarily worked in the technology, financial institutions, and private equity practices. She holds a Bachelor of Engineering from McGill University with a specialization in Machine Learning. While at McGill, Eden also worked as a Cybersecurity Advisory Associate at EY and KPMG. Also available on your favorite podcast app and other media sites

With Pete Tiboris, CEO and Partner, Park Avenue Capital Overview Park Avenue Capital CEO Pete Tiboris shares how he and his partners built a $4B enterprise inside Northwestern Mutual through intentional design, a pod-based advisor structure, a culture built on fit and alignment, and an unwavering focus on the client experience. Watch… [video_embed embed_style=”default” url=”https://youtu.be/eAY079OQXa8″ border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… What does it take to build and sustain a $4B enterprise within a broker dealer ecosystem? For most advisors, that kind of scale might seem out of reach. But Peter Tiboris and his partners at Park Avenue Capital have done just that—reimagining what a fully integrated, high-performing advisory business can look like within the Northwestern Mutual network. At Park Avenue Capital, Pete and his team have created a structure that balances both organic and inorganic growth, guided by a clear philosophy: focus on people, process, and client experience. From building an advisor pod system that doubles advisor capacity to hiring a former general manager from St. Regis Hotels to elevate every client interaction, Pete has turned operational excellence into a competitive advantage. Pete joins Louis Diamond in this episode to discuss all that, plus: Building a business at Northwestern Mutual—and why it’s still the right home for Park Avenue Capital. The upfront work around creating a business designed to scale—and how that’s allowed them to grow organically in ways that few advisory firms can. Their corporate philosophy—and how the lens of culture, fit, and client alignment influences their work. Their approach to acquisitions—and why some of their best decisions involved walking away from opportunities. Their “hyper-focus on the client experience”—and how it fuels their incredible growth. Plus, Pete shares why he still considers Park Avenue Capital “a startup at heart.” It’s a rare look inside a $4B firm—and a fascinating conversation about scale, leadership, and how the right design can fuel extraordinary growth even within an independent broker dealer model. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources IBD vs. RIA – Which Model Fits Your Future This guide offers a clear, side-by-side view of the two models—including distinctions between the DIY route of building an RIA from scratch and opting for a supportive independence platform to help align your business goals with greater options and opportunities. Is Scale a Necessary Evil in Wealth Management? Scale can provide a competitive advantage. Yet there might be scenarios in which bigger isn’t always better. The Best of the Best: 10 Ways Top Advisors Are Growing Their Businesses A “Top 10” list of firm-level innovations and grassroots methodologies from some of the most successful advisors, teams, and firm in the business. Listen in to spark ideas designed to drive greater growth. Peter Tiboris CEO and Partner Peter Tiboris started with Northwestern Mutual in 2002 straight out of college. Since then, he’s a 13-time Forum Qualifier and is a 5-star Pathfinder. He ranks in the top 150 in career insurance production in the history of Northwestern Mutual, is a Barron’s Top 1200 Advisor, Forbes Top Security Professional and a Forbes Best in State Advisor. In 2022, Peter announced partnering with Ben Feldman to form Park Avenue Capital. Their team of 50 represents one of the fastest-growing enterprises at Northwestern Mutual nationally. Through organic growth and developing strategic succession solutions for NM advisors on the doorstep of retirement, Ben and Peter’s goal is to become the first NM enterprise to reach $100 million in revenue. Peter prides himself on his ability to prospect in social environments. Nick Murry has called Peter “the best networker I have ever known – or even known of – in a half century in this business”. He lives in New Jersey with his wife Christy and four children, Dessa, Ernie, Susana and Selene. He’s an avid golfer, traveler and lover of food experiences and red wine. Also available on your favorite podcast app and other media sites

Overview Four top advisors who each left a major firm share how they built successful independent businesses on their own terms. Originally recorded as a live webinar, this candid roundtable explores the real fears, challenges, and opportunities of transition, and what advisors wish they’d known before making the leap. Watch… Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Advisors considering independence often ask the same questions: What finally pushes someone to leave a major firm? How do you handle the fear of losing clients? What would you do differently if you could do it again? In this special episode (a replay of one of our most engaging webinars), Louis Diamond moderates a discussion with four advisors who’ve been there and built thriving firms after leaving Merrill, UBS, Wells Fargo, and Morgan Stanley: Trent Leyda, SpirePoint Private Client (formerly of Morgan Stanley) Jordan Raniszeski, Carnegie Private Wealth (formerly of Wells Fargo Advisors) Rebecca Baker, Marble Wealth (formerly of UBS) Jerry Davidse, Presilium Private Wealth (formerly of Merrill Lynch) Together, they offer rare, first-hand insight into what independence really looks like beyond the headlines: the risks, rewards, surprises, and decisions that shaped their journeys. Listeners will learn: What drove each advisor to leave their firm—and what ultimately tipped the scales. How they managed the fear of client loss—and what actually happened next. The biggest surprises of running their own business—and the lessons they’d share with others. How independence reshaped their client relationships—and their lives. And much more from our guest-submitted questions. It’s an unfiltered, practical look at transition from those who’ve lived it and a powerful resource for any advisor exploring what could be next—whether currently at a wirehouse or already an independent business owner. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Activating Plan B: Wirehouse Breakaways Build a Legacy Family Wealth Office Trent Leyda and Kay Campione offer a unique perspective on their time at Morgan Stanley, how it had come to diverge from their vision of building a family office they would entrust with their own families’ wealth, and how they are better equipped to realize that vision as an independent firm. Outgrowing the Employee Model: How an ex-Merrill Advisor Found Autonomy & Abundance in Independence Jerry Davidse discusses his transition from Merrill to building RIA firm Presilium Private Wealth with partner Brook Hart. He shares how they gained the freedom to communicate and create an exceptional experience for their clients, their outstanding portability ratio, uptick of referrals, and more. Seeing the Future Through the Eyes of the Client: A $770mm UBS Breakaway Story Matthew Murphy and Rebecca Baker of Marble Wealth discuss their choice to leave UBS and opt for independence early in their careers, the impact of signing on to the firm’s retire-in-place program ALFA, their age as a competitive advantage, and much more. 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. Also available on your favorite podcast app and other media sites

With Neil Rubinstein, Private Advisor and Managing Director, RSA Family Wealth, Rockefeller Global Family Office Overview After 18 years at Merrill, Neil Rubinstein and his team joined Rockefeller Global Family Office, finding a platform purpose-built for ultra-high-net-worth clients and redefining what “exclusive access” and extraordinary growth can look like for elite advisors. Watch… [video_embed embed_style=”default” url=”https://youtu.be/CzPB2_Feh3A” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Advisors often assume that staying at a wirehouse means access to the best products, the strongest brand, and the most “exclusive” opportunities. But what happens when you discover that “exclusive” can mean something very different – and far more powerful – outside the walls of a big firm? That’s the story of Neil Rubinstein, an 18-year Merrill veteran who made the move to Rockefeller Global Family Office in 2019. It was a decision driven by the realization that things were changing at Merrill. As Neil describes it, he and his team were spending more time checking mortgages and credit cards than they were managing their clients’ wealth potential. Diamond Consultants had the privilege of helping guide Neil on his journey to identify what could be “better enough” to take on the hassle of moving a practice managing $600mm in assets. And while independence was intriguing, Rockefeller checked off many more boxes than Neil could have imagined. Since then, Neil’s practice has more than doubled in both revenue and assets under management. In this episode with host Mindy Diamond, Neil offers a perspective on life after Merrill, including: What changed at Merrill to prompt Neil to explore—and what options they considered in the process. The decision not to go independent—and why they instead opted for a firm that allowed them to be “independent enough.” The decision to join Rockefeller—and how the firm’s name and value proposition create a powerful connection with clients and prospects. The value of Rockefeller’s platform—and how being “purpose-built” for high and ultra-high net worth clients has unlocked avenues of growth Neil hadn’t imagined. The perception of what’s considered “exclusive” at a wirehouse—and how that definition shifted at Rockefeller. More than 2X growth—and why Neil believes he’s in abetter position than ever before to continue that trajectory. For advisors considering their next chapter, this is a grounded look at access, alignment, and growth told by someone who’s lived on both sides—with a candid look at the heralded Rockefeller brand. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Rockefeller Revisited: What’s Driving the Success of this 3-Year-Old “Modern” Multi-Family Office? Rockefeller Capital Management has become one of the most sought-after options for advisors looking to deliver concierge-level service to ultra- and high net worth clients. National Field Director Michael Outlaw shares an insider’s perspective. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Neil D. Rubinstein Private Advisor & Managing Director Neil is a founding partner of RSA Family Wealth and joined Rockefeller Capital Management in June 2019. He is dedicated to providing financial planning, investment management, and wealth structuring services to successful families in North Texas and across the United States. Along with all members of RSA Family Wealth, Neil is committed to delivering a high-touch, professional service and enjoys working with great families every day. Neil has more than twenty-six years of experience in the field of finance. He obtained his undergraduate degree in accounting and MPA (Master of Professional Accounting) from the University of Texas at Austin. Neil began his career in public accounting as a C.P.A. with PricewaterhouseCoopers. Neil was named to Forbes “Best-in-State Wealth Advisors” list in 2018, 2019, 2023, and 2024. Neil is a Certified Investment Management Analyst® (CIMA), awarded by the Investments & Wealth Institute™ (formerly Investment Management Consultants Association) through the Wharton School of Business. Neil and his family reside in Plano, Texas. Neil

With Alex Markowitz – Founding and Managing Partner, Alteri Wealth Overview After more than a decade at Merrill, Alex Markowitz wanted to serve clients differently, without quotas or constraints. He launched Alteri Wealth, an independent firm built on empathy, teamwork, and what he calls a “financial physician” approach to client care and growth. Watch… [video_embed embed_style=”default” url=”https://youtu.be/DtVHzzD6hhQ” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Not every advisor aims to work in wealth management—and even fewer begin in medical school. However, for this episode’s guest, the similarities between medicine and financial advice are strong: empathy, the desire to help, and the commitment to “do no harm.” Alex Markowitz couldn’t imagine taking on the debt of medical school. But he could envision serving those who needed his help another way: as a financial advisor. That belief would ultimately lead him from the world of medicine to Merrill Lynch, and later, from Merrill to independence. After more than a decade in the wirehouse environment, Alex found that the rules, quotas, and bureaucracy left little room to be a true fiduciary. He couldn’t thrive in a profession where corporate structures dictated both his future and the outcomes of those he served. The turning point came when he began asking a simple question: “If I were fully independent, how would I serve my clients differently?” A year and a half later, as Founding Partner of Alteri Wealth, Alex is answering that question every day. Built around a “financial physician” approach to client care, the firm’s growth comes entirely through referrals—no marketing, no lead generation, just radical candor and results. In this episode, Louis Diamond speaks with Alex about his journey, including: Recognizing misalignments with the wirehouse—and how that reality set his thoughts on independence in motion. Leaving Merrill to build an independent firm—and how that unlocked the ability to merge multiple solo practices into a unified team. The value of hiring a COO—and why they saw the role as “essential” from day one. The “clients first” approach—and how it serves as both their guiding principle and a powerful growth strategy. The “gathering assets” mindset of the wirehouses—and how being free of that allows him to think of his business as a business. It’s a candid look at what life after the wirehouses can look like—and how independence can transform not just a business, but the very way an advisor defines success. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Diamond Consultants Merrill Advisor Transition Report This annual “firm-focused report” takes a closer look at advisor movement to and from Merrill during the first half of 2025. The Advisor Transition Playbook: Inside Baseball on Due Diligence, the Move, and Everything In Between A guide to advisor transitions: due diligence, culture, deals, client comms,and lessons from the $129B Merrill breakaway. Mindset Shift: Why Advisors are Forgoing a Recruiting Deal and Leaping Right to Independence 6 reasons why more advisors are choosing to bet on themselves before monetizing their businesses. Alex Markowitz Founding Partner Alex Markowitz is a Founding Partner of Alteri Wealth, where he leads with a singular focus: his clients and their families. With a background in Biological Anthropology and Chemistry from UC San Diego, graduating Cum Laude, Alex initially pursued a medical degree before discovering his true calling in financial services. This pivot led to a distinguished 13-year career at Merrill Lynch, where he rose to the rank of Senior Vice President and was honored on the Forbes Best-In-State Next-Generation Wealth Advisor List in 2023. Driven by a desire to serve clients more holistically, Alex co-founded Alteri Wealth to build the Family Office of the future. One that integrates every aspect of a client’s financial life with innovation, care, and purpose. Known as a “financial physician,” Alex takes a comprehensive and diagnostic approach to wealth management, ensuring that each client’s unique needs are addressed with precision and empathy. Alex’s passion for helping others extends beyond his professional life. He is deeply involved in his community, volunteering with his local Temple, The Friendship Circle—an organization supporting families of children with disabilities—and the City of Hope in the fight against cancer. A p

With Jarrod Malone & Michael Bressan, Partners at Shumaker Overview As TROs and lawsuits make headlines, two top attorneys who represented Merrill breakaways OpenArc, share how advisors can minimize risk, protect client relationships, and make a clean move with confidence. Watch… [video_embed embed_style=”default” url=”https://youtu.be/X77L_5ulzOs” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… If you’ve been keeping up with recent industry headlines, you’ve likely noticed a concerning trend: a growing number of TROs (temporary restraining orders) being filed by wirehouses and large firms against advisors who leave. Firms like Merrill and UBS are increasingly using TROs to restrict advisors from contacting clients or moving accounts immediately after resignation. For those caught in the crosshairs, the consequences can be serious: reputational damage, legal fees, and weeks of uncertainty at exactly the wrong time. Yet for those who are moving with guidance from attorneys experienced in advisor transitions, and are coloring within the lines, it can seem that these legal actions are more show than substance. To help us unpack what’s happening and, more importantly, how to avoid becoming a headline yourself, Louis Diamond is joined by Jarrod Malone and Michael Bressan, two leading attorneys who represent financial advisors in transitions and disputes. Their firm, Shumaker, has handled thousands of advisor-related cases—including defending the recent OpenArc transition from Merrill, which drew national attention when a judge quickly ruled in favor of the breakaway team. Together, they explore: The recent uptick in TROs—and what’s driving the resurgence. The firms that have been the most aggressive—and who they are targeting. The biggest mistakes advisors can make in a transition—and how to limit your legal risk. Merrill’s lawsuit against recent breakaways OpenArc—and what key lessons other transitioning advisors can learn. The best practices advisors should implement before, during, and after a move—and why having the right legal plan in place can make all the difference.It’s an eye-opening conversation on the legal side of advisor transitions—and how to make your next move with clarity and confidence. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Top Tips for Setting Your Business Up for Success Years Before a Move Even if a move is years away—or just a possibility—it’s never too soon to start preparing. In this guide, we’ve gathered the most impactful tips from 20+ years of working with advisors navigating transitions. Whether you’re just exploring what’s out there or actively conducting due diligence, these insights will help you position your business and team for success, whenever the time is right. The Missing Narrative of the $129B Merrill Breakaway Story The largest (and quite possibly most significant) advisor breakaway in industry history made news this week. Yet instead of leading with the scale or significance of the move, headlines centered on Merrill’s lawsuit alleging corporate raiding. The $129B Blockbuster Move: Shirl Penney on Why This Transition Marks a New Era for the Industry The $129B OpenArc breakaway marks a watershed moment for wealth management. In this Rapid Reaction episode, Louis Diamond and Shirl Penney unpack what it means for the RIA model, advisors, and the future of industry competition. Michael D. Bressan Partner Michael is a member of a team of lawyers who represent large financial institutions and high-net-worth individuals regarding employment transitions and violations of contractual covenants. His practice primarily focuses on securities law, restrictive covenants, trade secrets, corporate change in control issues, mergers and acquisitions, commercial litigation, arbitration, and high-level negotiation. Jarrod J. Malone Partner Jarrod focuses his litigation practice on representing financial and investment advisors transitioning from firm to firm and has advised on some of the largest transitions in the country. He has significant litigation experience in State and Federal Courts, FINRA arbitrations, and has been class counsel in numerous class actions. Jarrod is one of the few lawyers in the United States who have successfully brought Racketeer Influenced and Corrupt Organizations claims in federal court and has handled dozens of TRO cases, both prosecuting and defending, throughout the country. He has sub

With Joe Duran – Managing Partner, Rise Growth Partners Overview He’s built and rebuilt some of the industry’s most successful firms and now he’s helping others do the same. In this episode, Joe Duran, the founder of Rise Growth Partners shares lessons from building, selling, and starting again, and how staying curious and adaptable fuels lasting success. Watch… [video_embed embed_style=”default” url=”https://youtu.be/_gRS9k0iqiM” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Joe Duran’s career has always been about reaching new heights—and then helping others climb on their own. A proverbial mountain climber himself, Joe built and sold two of the most successful firms in the RIA space: Centurion Capital and United Capital. Today, Joe sees himself as a sherpa—guiding the next generation of entrepreneurs through his latest venture, Rise Growth Partners. His story is one of constant reinvention, relentless curiosity, and the humility to keep asking one simple question: “What if I’m wrong?” Joe first joined us on the show back in 2020, shortly after the sale of United Capital to Goldman Sachs. Now, with the benefit of both hindsight and foresight, Joe revisits that experience and explores the mindset behind building truly world-class firms, including: The Goldman experience—and what he learned from the sale of United Capital. The development of Rise—and how he sees it helping to shift the narrative in the industry. Learning from your clients instead of your competitors—and why that’s the real key to building a world-class firm. Finding an investor that can “really help you—and why you need to look beyond “financiers.” Adding services without adding staff—and when you shouldn’t look in-house for solutions. Challenging your assumptions—and how to stay relevant in an industry that never stops changing. And why being great doesn’t necessarily mean being the biggest. Joe also reflects on how the industry can avoid the risk of mega-RIAs repeating the mistakes of the wirehouses. It’s a candid and thought-provoking conversation about reinvention, leadership, value creation, and what it means to evolve from mountain climber to sherpa from one of the industry’s trailblazers. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Why Settle for “Good Enough” When Great is Possible? In a vastly expanded industry landscape with more high-quality options than ever before, some advisors settle for “good enough” when the potential for “great” is often within reach. What’s holding them back? Limitless Growth: Building the Business You Want and the Life to Match Stephanie Bogan, founder of Limitless Advisor, offers a glimpse into the advice and perspective she shares with advisors and business leaders in the wealth management world, focusing on mindset and methods, and their relationship to achieving one’s best business life. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Joe Duran Managing Partner Joe Duran is a serial entrepreneur and an industry visionary in wealth management and wealthtech. Early in 2024, Joe and his team launched Rise Growth Partners (‘Rise’), the industry’s first harmonious financial partner. With firsthand experience in building nationally recognized registered investment advisers (RIAs), Rise’s team partners with middle-market RIAs, providing capital and strategic expertise. Previously, Joe was a Partner at Goldman Sachs, serving as Co-Head of the Workplace and Personal Wealth business. He founded and served as CEO of United Capital, one of the nation’s largest independent wealth management firms, which Goldman Sachs acquired in July 2019. Prior to that, he built and sold Centurion Capital–one of the first turnkey asset management platforms–to General Electric, where he served as President of GE Private Asset Management (now listed as NYSE: AMK). Joe is the author of three bestselling books on investing and entrepreneurship. He is a sought-after conference and podcast speaker and appears frequently on a broad spectrum of media, ranging from CNBC to Goop. Joe has MBAs from Columbia University and UC Berkeley, as well as an undergraduate degree from Saint Louis University. He is a CFA Charterholder

With Steve Davis, Founder & CEO, Madison & Elm Wealth Management Overview After more than a decade at Edward Jones, Steve Davis realized he’d outgrown the model. He wanted more control, flexibility, and the ability to serve clients his way. In this episode, Steve shares how he built a lean, focused, and highly efficient independent practice with LPL—and why success isn’t about size, but about designing a business that fits your life. Watch… [video_embed embed_style=”default” url=”https://youtu.be/WRLGfnM8d7s” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… When we talk about advisors “outgrowing the firm,” it often sounds theoretical. For this episode’s guest, it’s anything but. After more than a decade at Edward Jones, Steve Davis found himself limited—unable to market his CFP® credential, restricted on hiring, and frustrated by compliance that treated every advisor the same, regardless of experience. The breaking point came when he lost a major client relationship: not because of service, but because he simply couldn’t access the solutions that his client needed inside the Edward Jones model. That was when it became clear that Steve hadn’t just outgrown Edward Jones; he needed a platform that matched where he wanted to take his practice well into the future. Today, as the founder of Madison & Elm Wealth Management, an independent practice affiliated with LPL, he runs what he calls a “hyper-efficient, hyper-focused” solo practice. With 60 clients, $60M in assets, and a net payout that well-exceeds that of his time at Edward Jones, he’s proven that independence isn’t just about size: It’s about control, choice, and building a business aligned with your life. In this episode, Jason Diamond dives into Steve’s story, including: The limitations he experienced at Edward Jones—and the tangible things he can now do for his clients and business as an independent. The options he considered—and why he passed on a lucrative W-2 recruiting deal. The process of transitioning out of Edward Jones—and why independence with LPL was the right path. The real value of freedom—and how it was reshaped both his practice and his perspective. Creating a business that aligns with his lifestyle—and why that was not possible at the firm. It’s an honest look at life after the W-2 world and how one advisor built a business that works smarter, not harder, with relevant takeaways for advisors at all levels. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Post-Transition Survey: Checking in on Former Edward Jones Advisors Who Recently Moved Unfiltered, fresh, candid, and honest feedback straight from your Edward Jones peers who transitioned to another firm or model within the past 18 months. The Advisor Transition Playbook: Inside Baseball on Due Diligence, the Move, and Everything In Between From due diligence to culture fit, client communication to deal evaluation, there’s far more to moving than meets the eye. In this special Industry Update, Jason and Mindy unpack the real playbook behind advisor transitions – the triggers, misconceptions, and timelines – plus lessons from the recent $129B Merrill breakaway that prove why no advisor is “too big” for change. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Steve Davis Founder and CEO Steve Davis is the founder and CEO of Madison & Elm Wealth Management. Steve is a Certified Financial Planner (CFP®) with over 14 years of experience supporting clients in pursuing their financial goals. He meets with clients in-person or virtually, partnering with them and proactively sharing his expertise in order to help maximize their opportunities. He has the support of a team of professionals at LPL Financial who are specifically equipped to handle the sophisticated needs of higher net worth clients. As a former Division I athlete, Steve brings the same focus and dedication to his clients that allowed him to excel on the baseball field. Steve grew up in Cincinnati, Ohio before attending Kent State University on an athletic and academic scholarship. After graduating magna cum laude with a degree in finance and entrepreneurship, he spent two years as an equity trader. He has be

With Adam Malamed—CEO, Sanctuary Wealth Hosted by Louis Diamond Overview Supportive independence has become one of the most dynamic segments of wealth management, offering advisors the freedom of independence with the scale and resources of a major firm. In this episode, the CEO of Sanctuary Wealth joins Louis Diamond to discuss Sanctuary 2.0: how the firm doubled in size, its vision for advisor autonomy, and the future of growth, technology, and partnership in the independent space. Watch… [video_embed embed_style=”default” url=”https://youtu.be/VJ1RgIOSJ2w” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Advisors considering independence often wrestle with a key question: “Do I want to go it alone—or have the backing of a platform?” That question gave rise to the concept of supportive independence—one of the most dynamic corners of the wealth management ecosystem. It bridges the gap between the turnkey structure of the wirehouses and the full autonomy of running your own RIA. The model offers ownership and freedom while surrounding teams with the infrastructure, technology, and expertise to accelerate growth and achieve scale. And it comes with an added advantage: a community built on accessible leadership and shared talent. It’s in this space that Sanctuary Wealth has carved out its niche. Since its founding, Sanctuary has become a top destination for elite wirehouse teams seeking greater freedom and control—without giving up the benefits of scale. With CEO Adam Malamed at the helm, the firm has entered what he calls “Sanctuary 2.0”—a new era of growth, innovation, and partnership designed to help advisors not only transition successfully but thrive long after the move. Building on his experience scaling Ladenburg Thalmann into a multi-billion-dollar enterprise, Adam is now leading Sanctuary into its next chapter with a sharp focus on growth, technology, and long-term sustainability. In just two years, he has helped the firm nearly double in size, expanded its reach through the acquisition of Tru Independence, and solidified its standing as one of the industry’s most compelling platforms for elite advisors. In this episode, Louis Diamond and Adam discuss: How Sanctuary doubled in size—and why its growth strategy continues to resonate with elite advisors. The balance of autonomy and support—and what makes Sanctuary’s formula work. Advisors’ long-term goals—and how the firm continues adding value well beyond the transition. The future of wealth management—and how technology, data, and AI are reshaping the platform. Sanctuary’s long-term strategy—and how succession planning, equity monetization, and access to capital remain central components. It’s a candid look at where one of the fastest-growing firms is headed and the value it offers advisors seeking a path to independence. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Mindset Shift: Why Advisors are Forgoing a Recruiting Deal and Leaping Right to Independence 6 reasons why more advisors are choosing to bet on themselves before monetizing their businesses. Firms That Win in 2025: What Advisors Are Really Looking For With advisor expectations evolving, not all “good firms” are winning the talent. Mindy and Louis Diamond share what today’s top advisors really value—and why some firms are standing out while others fall short. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Alan Malamed Chief Executive Officer Adam Malamed is the Chief Executive Officer of Sanctuary Wealth, where he leads the firm’s strategic vision, long-term growth initiatives, and commitment to innovation in the wealth management industry. Since assuming the role in 2023, Adam has focused on building the platform of the future investing in top talent, advanced technology, and scalable growth resources. His mission is to drive value for Sanctuary’s Partner Firms by helping them grow, operate more efficiently and build equity. Under Adam’s leadership, Sanctuary continues to solidify its position as the premier destination for sophisticated and elite financial advisors and wealth management firms. He oversees the firm’s long-term strategy with an emphasis on business expansion e

A Special Industry Update, With Jason Diamond and Mindy Diamond Overview From due diligence to culture fit, client communication to deal evaluation, there’s far more to moving than meets the eye. In this special Industry Update, Jason and Mindy unpack the real playbook behind advisor transitions – the triggers, misconceptions, and timelines – plus lessons from the recent $129B Merrill breakaway that prove why no advisor is “too big” for change. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Everything about a transition can seem incredibly overwhelming. From understanding “the why’s” of a move, then conducting due diligence, and on to aligning the right models, and selecting the best firms, it might seem like a fairly linear process. And for some it can be. But for others, the layers of minutiae can be daunting. Essentially, it comes down to the adage, “You don’t know what you don’t know.” In this episode, Jason Diamond is joined by Mindy, to fill in some of those blanks and share some inside baseball on how to get from here to there, including: The main triggers that drive an advisor to consider a move—and why it’s typically not about frustration. The biggest misconceptions about change—and what most advisors say after they’ve transitioned. Conducting due diligence—and what key pieces of information you need to gather in the process. Assessing culture—and how to really get a sense of what a firm stands for. Transition deals—and how to identify if they are indeed a gift or a trap. The timeline of a move—and how long it really takes from exploration to transition. Communicating with teams and clients—and what you can or can’t do, and when. Plus, they add context to their advice by drawing from experience gained in the recent $129B Merrill breakaway move. Essentially, it’s a download of “everything you need to know when considering a move.” Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The $129B Blockbuster Move: Shirl Penney on Why This Transition Marks a New Era for the Industry The $129B OpenArc breakaway marks a watershed moment for wealth management. In this Rapid Reaction episode, Louis Diamond and Shirl Penney unpack what it means for the RIA model, advisors, and the future of industry competition. The Missing Narrative of the $129B Merrill Breakaway Story The largest (and quite possibly most significant) advisor breakaway in industry history made news this week. Yet instead of leading with the scale or significance of the move, headlines centered on Merrill’s lawsuit alleging corporate raiding. Transition Announcement: $129B Merrill Team Launches OpenArc Corporate Advisory with Support from Dynasty, Schwab, and Diamond Consultants We’re proud to share that one of the industry’s largest and most decorated advisor teams has launched OpenArc Corporate Advisory, a new national firm based in Atlanta, GA. It’s a hallmark transition from Merrill, with more than a decade of consulting and guidance from Diamond Consultants. Also available on your favorite podcast app and other media sites

With Shirl Penney—President and CEO, Dynasty Financial Partners, Hosted by Louis Diamond Overview The $129B OpenArc breakaway marks a watershed moment for wealth management. In this Rapid Reaction episode, Louis Diamond and Shirl Penney unpack what it means for the RIA model, advisors, and the future of industry competition. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… When the news broke that a team managing $129B in client assets left Merrill to launch OpenArc Corporate Advisory, the headlines focused on the sheer scale of the move—and the ensuing legal firestorm. However, this transition represents even more: a defining moment for the independent wealth management movement and a demonstration of the industry’s evolving landscape. For years, independence has been steadily chipping away at wirehouse dominance. Yet OpenArc is proof that even the most elite and institutionally focused advisor teams see greater opportunity in starting their own firm. That’s where Dynasty Financial Partners comes in. Under Shirl Penney’s leadership, Dynasty has become synonymous with enabling large, complex teams to make the leap to independence, providing the scale, capital, and infrastructure needed to compete at the very top of the industry. And with OpenArc, Dynasty has helped one of the biggest breakaways launch a new enterprise built for the future. Yet getting the team to this moment was a decade in the making, with Mindy Diamond and Louis Diamond guiding the growing team through an educational journey on an ever-changing landcsape of possibilities. In this special Rapid Reaction episode, Louis and Shirl offer their perspectives on: Why the OpenArc deal is such a watershed moment. What it signals about the evolution of the RIA model and the industry at large. How it may influence other large teams contemplating their own futures. They also highlight key learnings for advisors watching this transition closely—and what it reveals about the next chapter of industry competition. It’s a rare inside look at a landmark deal in wealth management—and the insights it offers for advisors and firms across the industry. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Transition Announcement: $129B Merrill Team Launches OpenArc Corporate Advisory with Support from Dynasty, Schwab, and Diamond Consultants It’s a hallmark transition from Merrill, with more than a decade of consulting and guidance from Diamond Consultants. Transition Announcement: $5.5B UBS Mega-Team Leaves for RBC One of the top teams in the industry, led by the largest female advisor at UBS, Leslie Lauer, moves to RBC Wealth Management. Shirl Penney President and CEO Shirl Penney is the founder, CEO, and member of the Board of Directors of Dynasty Financial Partners, one of the leading advocates and platforms for independent wealth advisor firms. Since its launch in 2010, Dynasty has grown to nearly $115B assets under management. Shirl is recognized throughout the industry for his thought leadership and insight on key trends and issues impacting the rapidly evolving wealth management landscape. Investment News named him to its 2015 list of ‘40 Most Influential People in Wealth Management Under 40,’ as well as to its inaugural list of ‘Icons and Innovators in Wealth Management’ the following year. In 2019, Dynasty relocated from New York, NY, to St. Petersburg, Florida, and Shirl quickly became a leading voice in the city’s business community, embracing local causes and giving back to organizations serving the area where Dynasty employees live and work. In 2023, he was named ‘Florida Entrepreneur of the Year,’ and in 2024 the Tampa Bay Business Journal selected him for its ‘Power 100 List’ of the area’s most influential business leaders. Prior to Dynasty, Shirl worked at Citi Smith Barney in various leadership roles including director of private wealth management and head of executive financial services. Shirl is from Eastport, Maine, and graduated from Bates College. He and his family live in St. Petersburg where they are active in numerous charitable causes focused on education, poverty, ALS, and veteran services. He is a Fellow of the inaugural class of the Finance Leaders Fellowship, a member of the Aspen Global Leadership Network, and a member of the Young President’s Organization of Florida. Also available on your favorite podcast app and other media sites

With John Krambeer, Founder and CEO, Validus Capital Overview Few advisors build a multi-billion-dollar RIA. John Krambeer has done it twice. In this candid conversation, the Validus Capital CEO reflects on his journey, how independence has evolved, and the hard-won lessons that guide him now. Watch… [video_embed embed_style=”default” url=”https://youtu.be/kD49WOOOnOI” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… Some advisors break away once in their careers. John Krambeer has done it twice, each time building a multi-billion-dollar RIA. That kind of repeated success is rare in any industry—and in wealth management, it’s almost unheard of. Yet John’s journey provides a front-row seat to the evolution of the independent space, from its early pioneering days to the sophisticated and bespoke multi-family office models we see today. Long before “going independent” became popular, John left Merrill’s Private Banking & Investment Group (PBIG) in 2004 to launch Camden Capital. He was early to the RIA movement, betting on transparency, better reporting, and access to private investments when few advisors dared to break away and forge their own path. In 2022, John made the difficult decision to leave Camden and do it all over again—this time building Validus Capital, now a $2.5B multi-family office designed with hard-earned lessons in mind. In this conversation with Louis Diamond, John shares a candid look at: What it was like to break away in the early 2000s—and how platforms and support for independents have evolved since. Why he walked away from the first firm he built—and what drove him to take on the challenge a second time. The choices behind building Validus Capital today—and the firm’s approach to private markets and family office services. The hard lessons of growth—and what he wishes he had done differently the first time around. John runs back the game films to provide candid insights for prospective and current independent business owners. It’s a rare opportunity to learn from someone who not only helped shape the independent space but has proven that with clarity, conviction, and the right people, you can build lasting success more than once. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources The Best of the Best: 10 Ways Top Advisors Are Growing Their Businesses— A Special Industry Update A “Top 10” list of firm-level innovations and grassroots methodologies from some of the most successful advisors, teams, and firm in the business. Listen in to spark ideas designed to drive greater growth. Player or Coach? Why Every Advisor Eventually Has to Choose As advisory firms grow, founders often face a critical inflection point: double down on being a top producer or evolve into a leader who builds lasting enterprise value. Wealth Management Landscape at a Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at a glance” continuum infographic—to help you navigate the different models and understand how their features stack up. John M. Krambeer CEO & Founder John Krambeer is the Founder and Chief Executive Officer of Validus Capital and has served as a financial advisor to wealthy families and institutional investors for over three decades. Mr. Krambeer has extensive experience providing wealthy families with strategic investment advice, structuring portfolios to meet long-term objectives, and creating private investment vehicles across the alternatives landscape. Mr. Krambeer has spent his career working with both traditional and alternative investment managers, evaluating asset allocation strategies, managing long-term equity portfolios, and implementing options strategies for concentrated stock positions. Mr. Krambeer has been recognized by Barron’s as a Top 100 Independent Wealth Advisor four times and as one of America’s Top Financial Advisors seven times. Prior to founding Validus Capital, Mr. Krambeer founded Camden Capital in 2004 and served as its Chief Executive Officer and Partner. He led the firm’s investing activities and established its private fund platform. Before forming Camden Capital, Mr. Krambeer spent 16 years at Merrill Lynch, where he helped build the Private Banking and Investment Group. Mr. Krambeer is a member of the Advisory Board of FrontRange Capital Partners, Saybrook Fund Advisors, NewRoad Capital Partners, and Rosem

With Mike Durbin, CEO of Cetera Financial Group Overview The CEO of Cetera Financial Group shares insights on independence, private equity, and balancing scale with service, plus what the future holds for advisors and firms. Watch… [video_embed embed_style=”default” url=”https://youtu.be/ieG391XlzyY” border=”0″ width=”100%” animation=”left-to-right” animation_delay=”2″ class=””] Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… The wealth management industry is at an inflection point—where scale, service, and strategy all collide. Drawing on 35 years of industry experience and leadership roles at Morgan Stanley, Fidelity, and now Cetera, Mike Durbin offers a unique perspective on the forces shaping the world as we know it. Since joining Cetera in 2023, Mike’s led the firm through rapid expansion—balancing the resources of a $600B+ national platform with a boutique-level advisor experience. From multi-channel affiliation models to tech and AI integration, his strategy centers on one thing: helping advisors grow faster, smarter, and more sustainably. In this episode, Jason Diamond and Mike discuss: The future of independent wealth management—and how it stacks up against the wirehouse model. Cetera’s differentiators in today’s competitive recruiting environment—and why its “big feel, small approach” matters. The role of technology and AI—and how they’re driving efficiency, personalization, and advisor capacity. Private equity’s influence on the industry landscape—and what it means for long-term strategy. Lessons from leadership roles at Morgan Stanley and Fidelity—and how those experiences shape his vision at Cetera. Where the biggest opportunities lie ahead for advisors—and what excites him most about the next decade. Whether you’re an advisor evaluating your options or a leader navigating change, Mike’s candid perspective provides clarity on what it takes to thrive in today’s environment. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources IBD vs. RIA Revisited: Two Independent Pathways for Advisors to Consider When it comes to freedom and control, there are key differences amongst the independent broker dealer (IBD) and registered investment advisor (RIA) spaces that every advisor should be aware of. RIA, IBD or somewhere in between: Which version of independence is right for you? As the independent space continues to expand, prospective breakaway advisors often have a hard time deciding between different individual models and options. These 5 questions can help point you in the right direction. Disclaimer: This material is for informational purposes only and should not be considered investment advice, a recommendation, or an offer to buy or sell any security. Opinions may change without notice. Forward-looking statements, including projections or estimates, are not guarantees. Past performance is not indicative of future results, and all investing involves risk, including loss of principal. “Cetera Financial Group” refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Wealth Services LLC (f/k/a Cetera Advisor Networks), Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), and Cetera Financial Specialists LLC. All firms are members Member FINRA/SIPC. Mike Durbin Chief Executive Officer Mike Durbin is chief executive officer of Cetera Financial Group and a member of Cetera’s board of directors. In his role as CEO, he oversees Cetera’s growth initiatives, from expansion into new and adjacent markets to evolving Cetera’s existing capabilities for the financial professionals and financial institutions it serves. Most recently, Mike was head of Fidelity Institutional, a division of Fidelity Investments offering clearing, custody, investment products, brokerage, and trading services to a wide range of wealth management firms and institutions. In this role, Mike was responsible for supporting the growth of clients’ businesses, enhancing their operational efficiency while delivering insights that help to drive confidence, clarity, and results. Previously, Mike served as head of Fidelity Institutional Investment and Technology Solutions where he focused on the end-to-end delivery of wealth management products and technology solutions for Fidelity clearing and custody clients. Prior to that role, he served as president of Fidelity Wealth Technologies, where he oversaw Fidelity’s acquisition of eMoney Advisor. He joined Fidelity in February 2009 as pr

With Jason Diamond and Louis Diamond Overview A special mid-year update with Jason and Louis Diamond on deals, transitions, and recruiting trends shaping 2025—and what advisors can expect in the months ahead. Listen in… > Download a transcript of this episode… NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. About this episode… If you’re an advisor wondering what the second half of 2025 might hold, the first six months already tell a compelling story. From headline-making transitions to evolving deal structures, the pace of movement so far suggests 2025 is shaping up to be one of the most competitive years yet. That’s why we’re releasing this special mid-year update: to share what the data is telling us about the recruiting landscape as it stands today, and what we expect for the balance of the year. In this episode, Jason Diamond and Louis Diamond dig into: What the movement numbers are showing, particularly at the wirehouses. How deals are shaping up across the industry. What external forces could trigger a shift in activity. How firms might adjust their recruiting strategies and deal structures over the coming months. What some of the top moves of the first half of the year might be indicating. Jason and Louis also answer the overarching question: Will the momentum continue? Whether you’re planning your next move, refining your recruiting strategy, or just keeping a pulse on the competitive landscape, this mid-year update will give you the clarity and context you need—so be sure to listen in. Want to learn more about where, why, and how advisors like you are moving? Click to contact us or call 908-879-1002. Related Resources Merrill Advisor Transition Report This “firm-focused report” look under the hood at movement to and from Merrill in the first half of 2025. The 2025 Annual Report on Transitions and Deals for Financial Advisors – 2024 Activity Data Data-driven insights and analysis on advisor transitions, deals, and the evolving wealth management industry landscape. Wealth Management Landscape At-A-Glance The wealth management industry offers more options than ever, making it challenging to identify and compare the various models. We created this “at-a-glance” continuum infographic—to help you navigate the different models and understand how their features stack up. Also available on your favorite podcast app and other media sites