Making the leap to transition your financial advisory firm—whether it’s to independence, a new model, or a succession plan—is no small task. But for those who’ve done it successfully, the outcome is more than worth the effort. At OneSeven, we’ve had the privilege of working with countless advisors who made the jump, and their stories are packed with insight, inspiration, and practical wisdom.
Here are some key lessons we’ve learned from advisors who’ve successfully transitioned their firms:
- Start with the End in Mind
Successful advisors begin by asking: What do I want this next chapter to look like? Whether they’re planning for succession, scaling their business, or gaining more freedom, they define clear goals upfront. Knowing your “why” creates a focused, intentional process—and helps ensure the decisions you make align with your long-term vision.
- Don’t Wait Until You’re Ready
Waiting for the “perfect time” often leads to missed opportunities. The advisors who made the best transitions acted when they felt the momentum was right—even if everything wasn’t perfectly in place. As one advisor put it: “You’ll never feel 100% ready. But if you’ve got the support and a solid plan, you’ll be 100% glad you did it.”
- Lean on the Right Support System
Going it alone can be overwhelming. Those who transitioned most smoothly partnered with a firm that offered the right tools, team, and infrastructure. At OneSeven, we provide everything from onboarding and operations to marketing and succession planning—so you can stay focused on your clients and your vision.
- Prioritize Communication
Advisors who kept their clients and team informed throughout the process experienced higher retention and smoother transitions. Clear, transparent communication builds trust—and reminds everyone that they’re part of the journey too.
- Stay True to Your Values
The most successful transitions weren’t just about new tech or better payout structures—they were about alignment. Advisors who chose partners aligned with their values (and those of their clients) experienced less friction and more fulfillment. It wasn’t just a move—it was a transformation.
- Embrace the Growth Mindset
Change can be uncomfortable, but it’s also where the magic happens. Advisors who embraced the growth mindset—willing to evolve, adapt, and learn—found themselves reinvigorated both personally and professionally.
Final Thoughts
Transitioning your firm is a bold move—but one that can completely reshape your future for the better. Whether you’re preparing for succession, independence, or scaling your next chapter, know this: you don’t have to do it alone.
At OneSeven, we’re here to help you grow, support your clients, and build a business that reflects who you are and where you’re going.
Thinking about your next move? Let’s talk about how OneSeven can help you get there—seamlessly.
