Ask any good manager what guidance they would give to an advisor moving to a new firm, and they would likely tell you: "Be prepared and plan, plan, plan!"

I can't stress how important it is to be very well organized when switching firms. But sometimes even the most prepared and organized advisors can run into some classic road bumps along the way. The bumps are real, but can be dealt with. Aside from the crucial issues of account due diligence and compliance (which should be the first thing you should think about when considering a move); preparation, having a quality sales assistant and an ace transition team are also critical.

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