Going Independent: Step By Step Process

While each advisory firm has a different path, many share a similar journey

November 21, 2018

Step 1

Examine your existing contracts to determine the best process. This may vary dramatically depending on whether or not you are leaving a protocol or non-protocol firm.


MarketCounsel, our legal partner, will conduct an extensive review of all of your contracts and deliver exceptional advice on how to proceed.

November 21, 2018

Step 2

Identify the right affiliation model for you. PAG can provide you with as little or as much support as your firm requires. The choice is yours.


Consult with the PAG leadership team to talk through which affiliation option is the best for your needs. We have helped hundreds of advisors make this important decision.

November 21, 2018

Step 3

Identify the right custodial partner. PAG has integrated relationships with the five key custodians in the industry. We work closely with their teams to identify your firm and your clients’ unique needs in order to select the right partner. We then work collaboratively with the chosen custodian to on-board and train your staff, move your assets quickly, and ensure your satisfaction with service levels and support.


PAG has negotiated enterprise relationships with each of the top custodians to ensure a collaborative approach to on-boarding and ongoing business needs.

November 21, 2018

Step 4

Prepare for the transition. Preparation often starts months in advance. You must have existing contracts reviewed, seek new office space, determine software solutions, start mapping assets and collect all legal client data. Our transition specialists will assist you with all of these extremely important decisions.


The PAG Transition Team will provide you with a timeline of your specific transition and ensure each of the action items is completed swiftly and accurately.

November 21, 2018

Step 5

Create your unique brand. Branding your practice to reflect your core vision and values is paramount to achieving the independent firm of your dreams. You will want to establish and execute all of your collateral assets, so your firm is up and running on Day 1.


Our Marketing Consulting team will work with you to create a state-of-the-art website and all of your marketing needs. We will also support your ongoing marketing needs through blog postings, social media content, newsletters and more.

November 21, 2018

Step 6

Claim Your Independence! Once you resign from your existing broker-dealer, you will automatically commence on a well-documented transition plan. Our transition team will do all the heavy lifting which includes tracking paperwork, mapping and moving assets, opening and funding accounts. Your focus will remain on communicating with your clients.


Our goal is to move your assets in 40 days or less! We average 90% of a million-dollar book in this time frame.

November 21, 2018

Step 7

Achieve efficiencies. PAG has spent hours of due diligence exploring the technology needs of independent advisory teams. Depending on your selected affiliation model, you can choose these best-in-breed providers either ala carte or fully integrated for maximum efficiencies.


Our fully integrated technology package includes the best in class for the independent advisory model empowering your office to run at maximum efficiency. View the complete tech stack.

November 21, 2018

Step 8

Grow your firm. Once you are fully transitioned, which will take approximately two months, your focus will be on the ongoing growth and maintenance of your business. At this point, you may wish to engage in business planning or succession planning consultations, or simply enjoy your hard-earned freedom.


PAG has relationships with many of the top industry consultants, in addition to excellent working relationships with the custodians’ business consulting and practice management teams. Your dedicated Relationship Manager will help design a custom consulting engagement for your practice and hold you accountable to execute it.

November 21, 2018

Step 9

Realize your long-term vision. Ambitions and desires change with time and age. PAG will create a custom path for you to achieve your firm’s goal. Whether that means buying additional advisory practices, selling your practice, going RIA only or otherwise, we will work with you to identify the right outcome and help you realize your dream.


PAG has assisted firms with selling, buying or partnering with other like-minded advisory practices in addition to purchasing firms directly as a succession plan.