Preview Mode Links will not work in preview mode

Are you ready for some thoughtful discussions about how to meet and exceed the rigors of today's retirement industry? Join host Tom Lamendola, Director of Marketing for Financial Independence Group, for a deep dive into the demands of today's retirement industry.

Each episode, Tom will lead a thoughtful discussion with leaders in the financial arena to create a unique show that's designed to serve both financial professionals and everyday investors.

Financial Independence Group (FIG) has been a leader in the financial services space for more than 40 years. Tom Lamendola joined FIG in 2017 and has been responsible for growing high performing teams and challenge organizations to reach their potential for more than 15 years.

Questions for Tom? Want to be a guest? Inquire at tom.lamendola@figmarketing.com or by calling 800-527-1155.

Feb 26, 2021

In today’s show, Tom speaks with Diamond Consultants President Louis Diamond, to discuss all things enterprise value for independent advisors. He also provides a unique and qualified perspective when it comes to company evaluations, implementing plans of continuity and succession, as well as how to effectively add talent.

About Louis Diamond:

Louis Diamond is the President of Diamond Consultants. He’s helped a number of teams transition to a different employee-model firm or launch an RIA firm. Louis has first-hand knowledge when it comes to working with multi-generational teams in today’s industry.


Company website: https://www.diamond-consultants.com/


Key Moments:

2:17 - Louis's Background & His Role With Diamond Consultants

8:46 - Advice That Louis & His Team Offer

12:35 - How Often Companies Or People Have A Succession Or Continuity Plan In Place.

17:21 - Where Valuation Stands In The Process Of Change

21:12 - Industry Averages When It Comes To Multipliers

25:13 - Why You Don’t Necessarily Have To Give Up 100% Of The Company When You’re Looking To Sell

29:18 - Best Strategies To Use When Looking To Add More Advisors To Your Firm

34:48 - What The Next Generation Of Financial Advisors Looks Like

36:40 - Advice For Consumers Looking To Make A Change In Financial Advisors

Contact Retirement Inside Out:

Email: tom.lamendola@figmarketing.com

Phone: 800-527-1155

Web: figmarketing.com