How Does a Transition Work?

We strive to make joining Ascent Financial Network simple and streamlined. Your transition process is just that – yours. We customize it to your business model and needs.

Here’s what we do and what we rely on you to complete.

staircaseOur To Do List

  • Evaluate your current business set up and the best way to transfer client accounts to Ascent, using LPL as a custodian where necessary
  • Set a target transition date and develop a plan that starts weeks in advance and covers even the smallest of details to ensure minimal disruption to you and your clients
  • Put the wheels in motion on your transition plan, handling repapering client accounts, moving assets, opening and funding accounts
  • Take care of compliance, technology, your succession plan, negotiate favorable fees on your behalf and provide responsive service to you

 

Your To Do List

  • Resign from your existing broker-dealer
  • Communicate your transition to your clients
  • Integrate into the Ascent community with access to our network and relationships
  • Provide greater focus on your clients and helping them reach their investment goals