5 Ways to Help Retain Clients When Transitioning to a New Broker-Dealer
5 Ways to Help Retain Clients When Transitioning to a New Broker-Dealer
5 PagesTransitioning to a new broker-dealer is a pivotal moment for financial professionals and their clients. Lincoln Financial Network suggests 5 steps for a smooth transition: Plan thoroughly, segment clients, prepare communication, act swiftly post-move, and explore new opportunities. While expecting some client attrition, effective planning and communication can retain up to 80% of assets, ensuring profitability and client satisfaction.
