Breaking Away: How Reza Zamani Found Success After Leaving the Wirehouse World

Are you a financial advisor feeling limited by the constraints of working at a wirehouse? Reza Zamani’s story may resonate with you. Reza, a former wirehouse advisor, made the bold decision to break away from the wirehouse world and build his own independent firm, SteelPeak Wealth. And it paid off big time.

In this episode of The Diamond Podcast for Financial Advisors, Reza sits down with Louis Diamond to discuss his journey from the wirehouses to independence, and how that decision led to tremendous growth for his firm. With $250 million in AUM at the start, SteelPeak Wealth now manages $3 billion with a team of 20 advisors.

Reza shares insights on why independence was the right path for him, how the support system and resources available in the independent space helped fuel their success, the value of taking on a minority investor, and the differences between running a billion-dollar business and working at a wirehouse.

While independence may not be the right fit for everyone, for those seeking greater freedom and control in serving clients and growing their business, it offers a path to achieving their goals. Whether you’re an employee advisor or an independent business owner, this episode is packed with valuable takeaways.

Ready to learn more about Reza’s journey and the benefits of independence for financial advisors? Download the transcript of this episode and tune in to The Diamond Podcast for Financial Advisors for more insights on transitions, independence, and advisor growth. It’s an episode worth investing your time in.