Diamond Consultants

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  Shh! Virtual Recruitment Market Lets Advisors Shop Anonymously for New Firms

  By Joyce Hanson, AdvisorOne  |  April 25, 2013

  Companies that have signed on to the Advisor Center include Cetera Advisors, Commonwealth Financial Network, LPL Financial, Pershing Advisor Solutions and TD Ameritrade Institutional.

• Bonuses Up 8%: Report

  By Janet Levaux, AdvisorOne  |  April 1, 2013

  Wall Street bonuses should be up about 8% this season and total $20 billion, according to New York State Comptroller Thomas DiNapoli. But experts caution that this increase doesn’t necessarily translate into much these days for advisors.

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  Bonus Season’s Cash Payouts ‘De Minimis,’ Expert Says

  By Janet Levaux, AdvisorOne  |  March 5, 2013

  The latest figures don’t make an ugly picture for Wall Street employees any prettier.

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  Raymond James Recruits Wells Fargo Mother-Daughter Team

  By Joyce Hanson, AdvisorOne  |  January 7, 2013

  A Baltimore-based CFP team with $200 million in AUM and $2 million in annual production has jumped ship from Wells Fargo to join Raymond James’ IBD channel.

• Morgan Stanley’s Social-Media Drive

  By Janet Levaux, AdvisorOne  |  July 26, 2012

  While rivals are working behind the scenes, Morgan Stanley is moving publicly—and quickly—to embrace social media, experts say.

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  Independence Still Looks Good, Though Few Take the Plunge

  By Janet Levaux, AdvisorOne  |  April 25, 2012

  A survey of some 2,500 traditional employee advisors found that more than 70% are considering a move to independence, says Diamond Consultants, a recruiting and consulting firm.

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  BofA to Sell Merrill’s Foreign Wealth Units, Report Says

  By Janet Levaux, AdvisorOne  |  April 18, 2012

  BofA is trying to raise $3 billion through the overseas sale, according to Reuters, but that could lead to some flight among U.S. advisors.

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  Wells Fargo’s Burgeoning FiNet ‘Well Positioned’ to Draw Breakaways

  By Janet Levaux, AdvisorOne  |  April 17, 2012

  "Providing quality advisors with the choice and flexibility they want and need to be as successful as possible is central to our mission," Wells Fargo Advisors Financial Network President John Peluso said.

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  Wirehouse Push Into Indie-BD Space Could Follow Wells’ Model

  By Janet Levaux, AdvisorOne  |  January 20, 2012

  But making a semi-independent or fully independent channel work within the wirehouse world is no easy feat, experts say.

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  Recruiting Wars for Teams Heat Up

  By Janet Levaux, AdvisorOne  |  November 23, 2011

  Recruiters say the departure of Harvey Kadden and his colleagues from Merrill should send a strong warning to Bank of America-Merrill Lynch — either improve the relationship between the bank management and FAs or watch more wealth managers depart.