Category: White Papers

The leap into the unknown is always a scary proposition. Unfortunately, the hesitation to switch broker/dealers has kept many advisors from seizing their dream of becoming independent and asserting more control over their future. The process of moving a financial advisor from his or her current broker/dealer to a new one is substantially similar from one broker/dealer to the next. However, where the new broker/ dealer truly distinguishes itself is in the commitment, resources and human talent it makes available to a financial advisor to ensure a smooth transition and the ongoing support it provides post-arrival. Conquering the fear...

Financial advisors may be the quintessential example of the old proverb, “the cobbler’s children have no shoes.” While adept at helping clients plan their financial futures, it turns out that many advisors can fall short when it comes to properly planning their own. It is estimated that over the next 10 years, nearly 70,000 advisors controlling more than $2 trillion in assets will retire. Yet, even though an advisor’s practice may represent his or her single largest asset, over two-thirds of advisors have not put into place an actionable succession plan.1 The failure to properly plan may prevent advisors...