About Financial Advisor Transitions

When you are considering changing firms, you want to know that your clients will remain your clients. In a rapidly changing securities industry, seasoned advisors know that the fight for assets is on. 

As lawyers who have practiced exclusively in the securities space for decades, we have seen too many tragedies that could have been avoided with the proper guidance and planning. We have met too many financial advisors who have lost their entire practice due to poorly planned transitions, unfulfilled promises, or a wrongful termination (to name a few).  

Finding a firm that will reduce your most important needs to writing is imperative. Being aware of potential regulatory issues is equally important to ensure a successful transition. Many Wall Street firms are pulling out of the Protocol for Broker Recruiting, yet may be willing to agree to certain protections in your favor. Independent and hybrid firms are flourishing, yet often attempt to water down your rights, including those who claim to have agreed to the Protocol for Broker Recruiting. And RIA firms are increasingly popular, yet may have the most restrictive employment agreements among all of the players in the securities industry. Let us help you navigate the ever-changing and challenging waters.

Importantly, the average headhunter does not care, and the average recruiter is completely unaware of those issues. The firm with the biggest offer is not always the firm where your practice will be safe. You need to know all of your options. Let us help you identify your next destination, and ensure that you retain ownership of your clients and are successful for years to come.



Financial Advisor Tranisitons in Coral Springs, Florida

Need more information?

How Can We Help? Frequently Asked Questions

Blog

Driving Factor Behind Rockefeller Capital's Success

January 27th, 2022
Under the leadership of Greg Fleming, Rockefeller Capital Management has rebranded, breathing new life into a family office legacy.

Read More

Morgan Stanley and Merrill Lynch Set Records

January 26th, 2022
Both Morgan Stanley and Merrill Lynch have set records in 2021 for asset growth and revenue growth, according to Financial Planning.

Read More

Wells Fargo Enters 2022 With Fewer Advisors and More Confidence

January 25th, 2022
According to Wells Fargo, their Wealth and Management unit lost 1,146 registered representatives from either Wells Fargo Advisors or its Private Ba...

Read More