You can switch advisors by following a few clear steps. First, review your advisory agreement for termination terms — most allow a 30-day cancellation. Next, complete an ACAT form at your new custodian, which handles the account transfer directly. Notify your existing advisor in writing of your decision. Before liquidating any holdings, coordinate cost-basis lot selection with your new advisor to avoid unintended tax realization. Careful planning and coordination between the current and receiving advisors can help facilitate an orderly transition and address potential tax implications
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
