Practical Tools to Make Your Next Move Smarter
The right data and resources can make all the difference. Honed by our experience, we’re providing worksheets, calculators, and guides to help you make informed, strategic decisions.
The Top 5 Mistakes Advisors Make When Moving Firms
Transitioning to a new firm is a major career move, but too many advisors make avoidable mistakes—costing them money, clients, and peace of mind.
In this guide, we break down the five most common missteps advisors make when switching firms—and how to avoid them.
Make your next move strategic, smooth, and financially rewarding.
The Fit Test
Your firm should fuel your growth, not limit your potential. But how do you know if you’re in the right place—or if it’s time to explore new horizons?
The Fit Test helps you assess whether your firm aligns with your vision, values, and long-term success. Answer 10 critical questions to gain clarity on if you should stay or go.
If three or more questions make you pause, take it as a sign. The best advisors evaluate their options before circumstances force them to.
Are you a W2 Employee Advisor and Wondering If You Are Underpaid?
This is one of the most common questions we hear from advisors at firms like Edward Jones, Merrill, UBS, and large RIAs. It’s often followed by a confession: “I think I might be…”
The truth? If you’re asking this question, your gut is probably right. But before you make any decisions, it’s essential to do the actual math—not just glance at your payout grid.
Many financial advisors and practice owners overlook a critical step in running a successful business: doing the math. Understanding your revenue, profitability, and costs is essential to making informed decisions about your future. Ask yourself:
Do I know how much revenue I’m giving up to my broker-dealer, custodian, or platform provider?
Do I understand the true cost of my investment management strategies (TAMPs, model portfolios, etc.)—for both my practice and my clients?
Do I know my EBOC (Earnings Before Owner’s Compensation) and how it compares to industry benchmarks?
If you answered “no” to any of these, it's time to run the numbers. Download our Practice Metrics Worksheet to gain clarity—and ensure you're maximizing every dollar.
Practice Metrics Worksheet
Is the firm you’re with underperforming?
Making a career move as a financial advisor is one of the most consequential decisions you’ll face. It’s not just about finding a new firm; it’s about finding the firm—one that aligns with your goals, serves your clients, and positions your practice for long-term success.
