A successful transition: Why experience matters

Submitted by lina.zuluaga on November 12, 2018

You’re not in this alone.

Schwab brings tenure to your transition team.

Tim Oden, Senior Managing Director, Schwab Advisor Services

The independent space is not new. It is not a trend. The independent space has been around for the better part of 30 years, and I'm proud to say that Schwab has been supporting the advisor community for that entire 30 years.

The reason you trust us is because our people, first and foremost, are passionate about the success of every single advisor we transition. These partnerships are important to us. We don’t gauge success until the advisor has told us they are successfully moved and are satisfied with the transition.

But what really separates Schwab is the fact that we’ve got an extraordinary tenured experienced team. That experience matters. That is an incredibly difficult thing to replicate.

Often we hear people are concerned about the risks of making a move.

We have an incredible team of people that can assist with mitigating the risks of making the transition.

We bring our consulting team in to help you understand how a business in the future might look, how to set it up, how to think about compensation systems, and marketing plans, and acquisition plans, and things along those lines. It helps you think about being a business owner.

Then you've made a decision to move to independence. What then? Well, that’s when we bring in our transition consulting team and our conversion consultants to assist you with the physical migration and preparation of your book to move to this new channel. How do we open accounts? How do we transition accounts? How do we make sure that your technology is established.

Schwab's here to help you transition and to support you, to make this successful not just for you but for your clients.

The key for being a successful Schwab employee is, first and foremost, you have the client’s best interest at heart. Everything is secondary to that.

Information as of November 16, 2017.

Information included during this video is intended to be an overview and is subject to change.

Schwab does not provide legal, regulatory or compliance advice. Consult professionals in these fields to address your specific circumstance.

Schwab Advisor ServicesTM serves independent investment advisors and includes the custody, trading, and support services of Schwab.

Independent investment advisors are not owned by, affiliated with, or supervised by Schwab.

©2018 Charles Schwab & Co., Inc. ("Schwab"). All rights reserved. Member SIPC. (0718-8HNR)

Show Social Media
Include in Schwab Investing Insights email alerts