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


LPL's Ups the Ante in Its Two-Part Recruiting Deal for Employee Advisors

September 24th, 2021
LPL Financial (LPL) is increasing its recruiting efforts to hire employee financial advisors, as it plans to write fairly large checks.

Read More

Family Offices Likely to Receive Heightened Level of Regulatory Scrutiny

September 22nd, 2021
The recent downfall of Archegos Capital Management (Archegos) has sparked a debate over whether family offices should receive a heightened level of...

Read More

Observers Compare the CFA Versus the MBA

September 21st, 2021
According to FinancialPlanning, Wall Street's aspiring asset managers need to have stone-cold mastery of skills in valuing stocks and analyzing fin...

Read More