Updated Friday, September 4, 2015 as of 9:13 PM ET

Recruiter or No Recruiter? That is the Question

Would Alex Rodriguez have landed his unprecedented $275 million contract with the Yankees without super-agent Scott Boras guiding him along the way? Would Vice President Joseph Biden think about running for President without trusted advisors by his side? 

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Comments (3)
Mindy - This is an excellent article. In this day and age when "all the information" is supposedly available on the internet, it is easy to think that recruiters have become superfluous. The reality is that relationships have never been more important in negotiating and finalizing a good match. Recruiters have them. We have placed many advisors with a variety of firms and know the cultures and nuances of each situation that cannot be discovered on line. The old expression "buyer beware" applies to financial advisors looking for a new firm. Recruiters can lessen the impact of that substantially. Thanks for your contribution. Mitch Vigeveno, Turning Point Inc
Posted by Mitch V | Tuesday, April 16 2013 at 9:35AM ET
I agree Mitch V, the answer, of course is "yes" a quality producer needs professional representation! Excellent piece Mindy. I urge producers to use a pro such as Mindy at Diamond Consultants, Mitch at Turning Point or my firm IBDSearch to help with their search. We can share information that's not online or in glossy brochures as we talk to firms' producers, senior management, clearing firms, get curb-sides from industry people, read their financials, we know which ones are for sale, and we stay on top of regulatory issues. At IBD we have agreements in place with 40 financial services companies. Nice piece.
Posted by Bradley F | Tuesday, April 16 2013 at 10:59AM ET
Thanks to Mindy Diamond, my Team found a new home on February 1. I was initially skeptical. Now, we are "true believers" in using recruiters. The most valuable part: she did the legwork and got a "no interest here" from some firms. That saved us huge numbers of man-hours. Sometimes the bad news is the most valuable news of all. Diamond's expertise was worth its weight in gold.
Posted by ROGER F | Saturday, April 20 2013 at 8:56AM ET
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