Diamond Consultants Names New Leadership As Mindy Diamond Transitions to Board Chairman

Leadership Transition at Diamond Consultants

In a strategic move demonstrating foresight and planning, Diamond Consultants, a prominent name in the wealth management consulting sector, has announced a significant transition in its leadership team. As of May 7, 2025, Louis Diamond has been promoted to CEO, while Jason Diamond steps into the role of President. This decision marks a pivotal point for the firm, which is renowned for its executive search and consulting services in the financial advisory space.

Mindy Diamond, the founder of the firm, will transition to the position of Chairman of the Board. In her new role, she will continue to lend her expertise and strategic counsel, collaborating closely with the newly appointed leaders. This succession plan has been crafted over several years to ensure sustained growth and leadership continuity in the firm’s operations, reinforcing its status as a leader in the industry.

Mindy expressed her excitement over this new chapter, stating, "As Diamond Consultants embarks on its next chapter, I'm delighted and proud to execute this part of our leadership succession plan. Our staff and clients across the wealth management industry will benefit enormously from the leadership, vision, and counsel that Louis and Jason bring to these new positions."

A Legacy of Excellence

Diamond Consultants has been pivotal in reshaping how wealth management advisors are recruited. Founded by Mindy Diamond in 1998, the firm has transitioned over $350 billion in assets under management while establishing a deep network of industry connections. More than 25% of all advisors moving assets worth $1 billion or more annually have utilized Diamond Consultants' services.

The firm’s proprietary method not only emphasizes the significance of finding the suitable partners but also tailors strategies to meet the specific needs of advisors and their clients. Understanding the stakes involved in making strategic moves is vital in the advisory landscape, a principle at the core of Diamond Consultants’ operations.

New Leadership Dynamics

Louis Diamond’s journey with the firm spans over a decade, during which he has honed his skills and taken on increasing responsibilities. As President since 2021, he has made substantial strides in improving internal processes and expanding service offerings. He recently played a crucial role in the launch of Diamond Consultants Executive Search Partners, aimed at bridging talent gaps within firms.

Jason Diamond has also carved his niche in the industry, having joined the firm four years ago as Executive Vice President and Senior Consultant. In his capacity as President, he will manage client relationships and continue to spearhead thought leadership initiatives, including the annual Diamond Consultants Advisor Transition Report. His extensive background with major financial institutions like Merrill Lynch and Morgan Stanley has equipped him with a nuanced understanding of the market and client needs.

Louis commented on the transition, praising Mindy for her pioneering contributions to the financial services landscape, "Mindy has built an extraordinary reputation within financial services over the years... Jason and I are humbled by the trust she has placed in us, excited to build upon her recruiting legacy."

Looking Forward

The introduction of Louis and Jason into their new roles is aimed at carrying forward the established legacy while infusing fresh energy into the firm’s initiatives. Both leaders have echoed their commitment to maintaining and enhancing the high standards set by the firm.

Mindy concluded, stating, "After having spent the better part of the last three decades pouring my heart and soul into this enterprise, it's time for the next generation of leadership to take over."

The transformative leadership at Diamond Consultants heralds a new era, one focused on continued excellence and innovation in the wealth management consulting space. As the firm navigates this transition, its commitment to advisors and their clients remains stronger than ever.

For more information about Diamond Consultants and the recent changes in leadership, visit their official website.