Understanding Ownership and Transition in Financial Advising

In this episode, Shelby Nicholl discusses the recent acquisition of Commonwealth by LPL and its implications for financial advisors. The conversation covers the importance of understanding the fit test for advisors considering a move, the complexities of ownership in financial practices, and the emotional challenges faced during transitions. Shelby emphasizes the need for a solid communication plan for clients and outlines the timeline for transitioning firms. The discussion also touches on the worth of making a move and when it might be better to stay put.

The Future of Financial Advising with Shelby Nicholl [Episode 324]

Resources in today's episode:

- Matt Jarvis: Website | LinkedIn - Shelby Nicholl Website | LinkedIn