As We Speak To Many Financial Advisors Daily, Here are the Top 10 Reasons Why An Advisor Leaves His Current Broker Dealer:
1. Higher Payout
2. Better Technology
3. Lack of back office support
4. More Compliance Flexibility
5. Don't Want to Sell Proprietary Products
6. Lower Monthly Fees
7. E&O Insurance is Too High
8. Want Access to Better Wealth Management Platforms.
9. Lower Production Minimums
10. Feel They are Getting "Nickled and Dimed" by Hidden Fees.