Making the Move
The Stratos Wealth Partners transition department provides comprehensive transition support beginning with the initial onboarding and continuing for 60 days post-resignation. Our support begins once the advisor completes the online profile at www.JoinLPL.com. We work with the advisor concurrently with the dedicated LPL Integration Manager, and together we will guide the advisor through the entire transition process.
Our pre-resignation support involves weekly transition calls with the advisor to identify tasks which need completion, to address outstanding items and to answer any questions he or she may have. The advisor is provided with an outline of the transition process so that he is aware of the steps involved and timing of those steps. This will keep the transition process proceeding smoothly and on track so that he will be fully prepared for his license transfer on resignation day. Our transition team at Stratos Wealth Partners will provide the advisor with repapering support, preparing and mailing the client paperwork on the day his securities licenses transfer to LPL. The team also provides the advisor and his staff with a Best Practices call just prior to resignation. On this call, we discuss dos and don’ts, familiarize them with LPL account paperwork and answer any questions they may have.
Once the advisor is officially onboard with LPL, the Stratos transition team continues support for him and his staff for up to 60 days. Our support involves assisting with account opening and tracking their change of broker dealer request to be sure the direct business accounts network to the LPL accounts. We provide both on-site support and virtual support during that 60 day period.