Advisor transitions are complex enough for solo advisors. In addition to all the logistics, advisors I work with are often surprised by the amount of effort self-reflection takes. It’s answering big questions!

Ever find yourself here?

With the transition vs. retention bidding war well underway, here are a few trailing consequences I’m watching closely.

When we work with an advisor, our goal is to find firms that align with your strategic goals. We all know how quickly firms can change: new leadership, the entrance of private equity, rapid growth, etc.

Financial advisors have to disclose how they are compensated at every turn. But what about recruiters and independent consultants?

Some firms are disproportionately good at offense (growing) and not defense (serving).

If you have been considering a 3-5 year timeline for an exit, the landscape has changed dramatically in the last 12-18 months.

Have you ever had a bad day at the office that made you toy with the idea of starting your own RIA?

If you could redraft your hybrid RIA partner, would you? Or would you make a different pick?

These Private Equity firms are simply trying to play the arbitrage game. The time to get out was yesterday.