A short YouTube segment by Craig Wear, CFP® discussing why clients leave financial advisors, noting that many clients would switch if they found a better way to manage assets and referencing an ebook with guidance on when to consider leaving an advisor.
85%
There was a statistic I saw several years ago that said that 85% of any particular financial advisor's client base would be willing to move to another firm if they found a better way of managing their assets. So that becomes the number one reason why people leave. Sometimes it's founded, other times it's just because people don't understand what the world of investing really has to do with and the patience that you have to have for some of that. But there are reasons that there are times that you need to consider leaving your advisor. And in the ebook I provide some information on that.
