What should you look for when moving your business?

By Staff | April 28, 2003 | Last updated on April 28, 2003
2 min read

It’s a difficult decision to move your business from one mutual fund dealer to another. During the process, you face downtime, paperwork, and upheaval for your clients. That said, there are good reasons for moving your business to a new dealer: better alignment with your business goals, more stability and respect for your entrepreneurial spirit.

Here are five things to consider and to ask your potential dealership about before you move.

  • Will the new dealership develop a customized business transition plan that minimizes the negative impact of the move and gets my business up and running as quickly as possible?
  • Will there be someone dedicated to my transition, someone who can provide regular status updates?
  • What resources or tools will I be given during the transition? Will it be easy to get my business up and running quickly after my move is complete?
  • Will the new dealership minimize the impact on my clients, making the move easy for them too?
  • How will my commissions and trailers be handled during the transition? Will the new dealership try to get this sorted out for me quickly?

If you are planning to change dealerships, look for an organization that can provide you with a customized business transition plan and a dedicated specialist who will be with you every step of the way.

Manulife Securities Manulife Securities is a mutual fund dealer that respects your entrepreneurial spirit while providing the stability, service and support you need to expand your business. For more information:

Check out our webcast to hear Greg Gray, President and CEO of Manulife Securities International Ltd. explain how the Manulife Securities value proposition is designed to help you grow your business.

Visit www.manulifesecurities.ca today, or

Call 1 (800) 287-4891, extension 46199, in confidence.

April 2003

Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.