Frequently Asked Questions
How confidential is my conversation with WealthWave?
Absolute confidentiality is fundamental to our process. All discussions are strictly confidential and protected by non-disclosure agreements. We never share your information with firms or make inquiries without your explicit permission.
When is the right time to start exploring opportunities?
It’s never too early to begin a confidential conversation about your options. Many successful advisors maintain an ongoing dialogue with us long before they’re ready to make a move. This proactive approach ensures you’re well-informed and prepared when the right opportunity arises.
Will my clients follow me to a new firm?
Client retention is typically highest when transitions are well-planned and executed strategically. We’ll help you evaluate your client relationships, develop appropriate communication strategies, and time your move to maximize retention. Our experience shows that advisors who follow our proven transition process consistently achieve high client retention rates.
What compensation can I expect at a new firm?
Compensation packages vary significantly based on your production, asset level, and the recruiting firm. We’ll help you understand the full picture beyond just the transition bonus, including payout structures, deferred compensation, and long-term incentives. Our goal is to secure packages that reflect your true value and support your long-term growth.
How long does a typical transition take?
While every transition is unique, most advisors complete their moves within 60-90 days from signing with their new firm. The preparation phase typically takes 30-45 days, and we recommend allowing 30-45 days for the actual transition and initial client moves. We’ll create a customized timeline based on your specific situation.
What support do you provide during the actual transition?
We provide comprehensive support throughout the entire process, including:
- Day-by-day transition planning
- Client communication strategies
- Documentation preparation
- Compliance navigation
- Technology setup coordination
- Team training coordination
Do I have to pay for your services?
No. Our services are provided at no cost to advisors. We are compensated by the hiring firms, allowing us to focus entirely on finding the right fit for you and your clients.
What if I'm not ready to make a move right now?
Many advisors engage with us well before they’re ready to transition. We’re happy to have exploratory conversations that help you understand the market and your options. This preparation ensures you’re well-positioned when the time is right.
How do I know if I'm making the right decision?
We help you evaluate opportunities against multiple criteria, including platform capabilities, cultural fit, growth potential, and client benefits. Our extensive experience and objective approach ensure you have all the information needed to make confident decisions about your future.
