Why a $150M Financial Advisor Nearly Called Off His Move
A financial advisor with $150 million in AUM was ready to put his due diligence on hold. He saw advantages in the investment platform and technology at another firm, but he kept coming back to one question.
“How many of his clients would follow him?”
I asked him to have one more conversation with an advisor who had left the same broker-dealer and helped more than 20 others make similar moves. They talked through the questions clients had asked, how he answered them, and what the transition looked like in practice.
Going in, the advisor estimated that 50–60% of his assets might follow him. A couple of months after the move, he told me 90% had transferred!
In this video, I share what changed his mind and why speaking with someone who has left your specific firm can help you make a more informed decision about staying or going.
If you’re weighing a move and want to talk through your concerns, my contact information is on this channel.
I hope this helps. Thanks for watching!
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Contact & connect with me:
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Website: https://www.coreywalen.com
Corey Walen, Managing Partner
Bridgemark Strategies
