Diamond Consultants Names Louis Diamond as New CEO in Succession Plan
Company - People | May 07, 2025 | EIN
Mindy Diamond, the founder of Diamond Consultants, a firm specializing in wealth management recruitment, is stepping down as CEO, making way for a planned family succession. Her son Louis Diamond is appointed as the new CEO, while Jason Diamond is taking over as president. Mindy will continue to serve as board chair, guiding the firm's industry leadership and maintaining a presence through The Diamond Podcast. After founding the firm in 1998, Mindy has witnessed its growth with over $350 billion in assets transitioning under its counsel. The firm prides itself on a proprietary selection process and aims to be synonymous with advisor transitions. With a legacy rooted in values, the transition within the Diamond family aims at strategic growth and expansion into financial advice sectors.
Sectors
- Wealth Management
- Executive Search
Geography
- United States – Diamond Consultants is based in Morristown, N.J., and operates primarily within the United States.
Industry
- Wealth Management – Diamond Consultants operates in the wealth management industry, advising advisors and firms on transitioning assets and recruitment.
- Executive Search – The firm specializes in executive search within the financial services sector, focusing on advisor transitions and recruitment.
Financials
- $350 billion – The amount in assets under management that have transitioned through Diamond Consultants.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Diamond Consultants | Company | Target | A wealth management recruiting and consulting firm founded by Mindy Diamond. |
| Mindy Diamond | Person | Founder/Board Chair | Founder of Diamond Consultants, transitioning from CEO to board chair. |
| Louis Diamond | Person | CEO | Mindy Diamond's son, newly appointed CEO of Diamond Consultants. |
| Jason Diamond | Person | President | Mindy Diamond's son, appointed as the new president of Diamond Consultants. |
| Howard Diamond | Person | COO | Mindy Diamond's husband and COO of Diamond Consultants. |