Why do councilors change firms?
That simple question asked us on a trip that began four years ago when we first conceived our advisor's transition report.
The cynical appearance is that councilors move mainly because very lucrative recruitment agreements are paid – and with finished firms pay multiple aggressive income to recruit counselors, which the explanation certainly holds OTHER USEFUL weight
What about the councilors who chose a version of independence, where the transition capital is less available or even non-existent? Or advisers who approach proper care with complete disregard for recruitment agreements, preferring to appreciate each firm in their merits because their only focus is on how to make life better for their clients?
It stands to reason that dollars are not just a sufficient explanation for the movement of councilors, and of course not the high degree we have seen in recent years.
That is why we publish our anniversary Advisor Transition Report To connect the points between the raw movement data and the answers to the comprehensive question of “Why?”
The goal is to armed councilors with the information they need to make an informed decision – even those who do not intend to take action but simply want to be empowered with knowledge.
In this special industry update, Jason Diamond and Louis Diamond Share the main findings and post -publication mirrors, including:
-
Advisor Movement – and which firms were the winners of high talent.
-
Channel activity – and which channels were most attractive to councilors.
-
Competitive recruitment – and how each of the wire wires compared to the talent race.
-
Transition Agreements – and where they are run.
-
The mentality of the counselor – and how it affects this changes.
-
The main indicators and trends – and as the activity during 2024 is affecting 2025.
-
Plus, choose case studies from some of the prominent transitions of the year … and much more.
It is the annual episode that serves as the companion of the report, with the key points of the keys and internal information.