Advisors Beware: Do the Math Before Leaving Your Firm | On Wall Street

When advisors talk about why they’re unhappy with their firm, they will often tell you that it’s “not about the money.”  Instead, they commonly cite a lack of shared values, slow or no decision making and concern for the shareholder at the expense of the client.But while money may not always be their number one reason for deciding to go elsewhere, it almost always becomes an emotionally charged and critical consideration. So let’s talk about it.When planning a move, there are three financial elements that need to be taken into account: capital, cash flow and equity. Advisors need to consider all three to get an accurate picture of their new deal and to decide whether it’s one they should take.

via Advisors Beware: Do the Math Before Leaving Your Firm | On Wall Street.

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