Client Release Letter
Release of Info Letter Template
Open Here This is an optional starter letter template for advisors to use to possibly increase the chances of cooperation by the contra firm. It is not an official document.…
Sample Client Instructions
Sample Client Instructions
Open Here This is a sample starter document for creating client instructions to include when mailing, or sending via e-signature, client packets for account transfers. I advise speaking with your…
Client FAQs
Client Frequently Asked Questions
Open Here This is a list of some of the most frequent questions advisors get from their clients during a transition. Take the time to craft clear, simple answers to…
Preparing to Transition Guideline
Preparing to Transition Guideline
Open Here This is a general outline of the article I wrote for Kitces.com. I suggest reading the article in full to better understand this document. You can read it here.
How to Break Away From a Protocol Firm
So You Want to Break Away from a Non-Protocol Firm
Ever since Morgan Stanley and UBS left the Broker Protocol, there’s been a bit of anxiety amongst advisors. While the decisions to leave were made to discourage advisors from severing…
Trending - The RIA Lift Out
TRENDING: The RIA Lift-Out
The RIA industry has grown quickly over the last few years. As general awareness of the industry has increased over time, so too has its popularity. For years, the focus…
Broker Protocol - Information Tips & Tricks
Broker Protocol Information – What you can bring with you and how to format it for success
Broker Protocol is a touchy subject these days. Are they in? Are they out? There’s a lot of trepidation about the topic. After all, the Protocol itself states that any…
17 Steps for Preparing to Transition
17 Steps for Preparing to Transition
When it comes to advisor transitions, especially when leaving a wirehouse to start or join an RIA, there are a number of things to consider. I recently read a great article written…
Succession Planning for Your RIA Business
Succession Planning for Your RIA Business
The landscape of the wealth management industry is rapidly changing. The establishment of independent practices is on the rise and many of those firms are looking to ramp up their…
Advisor Transitions - When Things Go Very Very Wrong
Advisor Transitions: When things go very, very wrong
I was working with an advisor at UBS a few years ago who decided he wanted to go independent. He'd been introduced to another guy from a different firm, and…