FINANCIAL ADVISOR TRANSITIONS | BROKER-DEALER TRANSITIONS | RIA TRANSITIONS
Seamless advisor transitions with Onbord’s digital solution. Streamline your book of business. Transfer and accelerate your move to a new firm.
Transitioning your book of business to a new firm can be a complex, time-consuming process:
- Manual account paperwork that takes months to complete
- Risk of losing clients during the transition
- Compliance concerns and regulatory hurdles
- Disruption to your business and revenue
- Challenges of moving from one broker-dealer to another, including the need for efficient solutions to streamline the transition process and mitigate compliance and documentation risks
Onbord delivers a fully digital, compliant solution that minimizes risk, eliminates manual processing, and dramatically reduces transition time.
Key Benefits
- Speed: Transition your entire book of business in as little as 30 days
- Compliance: Built-in safeguards ensure adherence to SEC/FINRA regulations
- Efficiency: Automated workflows reduce errors and minimize NIGOs
- Client Retention: Smooth process helps maintain strong client relationships
- Revenue Protection: Get back to business faster, minimizing disruption
- Client Experience: Enhances the client experience by allowing advisors to focus on client-facing activities, creating more effective and engaging interactions
- Successful Transition: Ensures a successful transition with thorough planning and management, helping advisors maintain strong client relationships
How It Works
Our financial advisor transition services streamline operations by outsourcing non-core tasks, allowing advisors to focus on client engagement and build more efficient business models. Additionally, a well-crafted transition plan is essential for managing and refining the transition process, ensuring client relationships are maintained and potential challenges are addressed.
- Data Gathering: We help you collect client data from multiple sources
- Pre-Population: All required forms are pre-filled before your affiliation date
- Digital Signatures: Clients can sign electronically for a seamless experience
- Secure Submission: Completed forms are automatically sent to your new firm
- Progress Tracking: Monitor your transition status through our intuitive dashboard
Why Choose Onbord?
- Comprehensive Coverage: Support for all lines of business – mutual funds, insurance, brokerage, and advisory
- White-Glove Service: Dedicated transition specialists guide you through every step
- Customizable Workflows: Tailored to your specific needs and firm requirements
- Integration Ready: Seamless connection with major CRMs and clearing firms
- Enhanced Client Service: Proper transition strategies and support to manage client relationships effectively while growing your business
The Onbord Advantage
Faster AUM Transfer
Our digital process accelerates account creation and asset transfer, getting you up and running quicker at your new firm.
Reduced Errors
Guided workflows with built-in validations minimize mistakes and drastically cut down on Not In Good Order (NIGO) submissions.
Compliance Confidence
Developed for the post-U5 environment, Onbord ensures only acceptable data is transferred, mitigating legal and regulatory risks.
Enhanced Client Experience
Provide a modern, hassle-free transition experience that strengthens client relationships and trust.
Ready to Transform Your Transition?
Don’t let a complex transition process hold you back from making the right move for your career. With Onbord, you can focus on what matters most – serving your clients and growing your business.
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