Breakaway Advisors Succeed In Moving Client Assets to Independent Firms

bikerA new study from Cerulli Research shows that advisors exiting major wirehouses were able to transport 72% of client assets to independent firms. That number includes advisors who joined smaller independents that were not well known and advisors who started their own firms.

Most advisors should not have difficulty transporting their clients to independent firms.

Cerulli-ClientRetention

Photo: Richard Masoner

Chart: Wealth Management.com