RBC Wealth Management has taken steps to expedite the transfer of clients and their accounts for transitioning advisors, according to a recent article in AdvisorHub.
For example, RBC spent an entire month helping transition clients from the transition of a recent advisor. RBC credits its new onboarding platform, client-friendly system and digital capabilities for allowing the team to move clients over in just a few clicks.
RBC told AdvisorHub that the firm built an integrated platform with a responsive design and development cycle. The responsive design and development cycle routinely delivers new features and improvements in increments measured in weeks instead of months or years.
In addition to the newly integrated platform, RBC also has streamlined the advisor onboarding process. The new process is integrated using Salesforce, creating what RBC believes to be a digital experience that eases new advisors throughout the transition.
Financial Advisor Transitions consults advisors nationwide to explore employment transition options and to preserve and protect their practice in any transition that they make.
