Business transition support

Building relationships for life

When considering a decision of such importance ones due diligence is paramount. Begin your research into what ScotiaMcLeod can offer to you and your clients.

Why should I switch firms? – It’s a question and an assumption many advisors from other firms have asked me over the years. Switching firms is a major decision and the proper due diligence should be completed prior to making a move.

As an example, we have seen President’s level Advisors with large client bases bring 92% of their assets over in a month. Transition time is largely dependant upon the rate of speed that your team makes contact with clients and the size of your business.

We are confident that within two months you will transition all of the clients that want to do business with you. No matter what the size of your business.

During the initial transition process, you will have a team dedicated to you (five-15 people depending on the size of your business) that will complete all the necessary paperwork to ensure a smooth transition for your clients and business. This allows the advisor to easily focus on contacting their clients and transitioning their team into the new work environment.

The Victoria management team has experience with transitioning businesses. Some advisors appreciate having a management team that will go out and help sign-up clients. The management team is in the office throughout the entire transition to lend a hand wherever needed.

Head-Office supports transitions by having separate groups of people who help process the paper work so it is not caught up in normal day to day business. This ensures accounts are opened swiftly and transfer forms expedited.

All efforts from the Victoria Branch, Western Region and Head-Office are focused on making the transition as seamless as possible for your clients and your team.

  • Improved working environment for their advisor team.
  • Clear vision and stability in senior management team at ScotiaMcLeod & Scotiabank.
  • Complete product offering.
  • Portfolio Advisory Group operates as a cost centre not a profit centre which allows your clients to receive a pricing benefit.
  • Accessible team of Specialists who support a total wealth offering include: Financial Planners, Will and Estate Specialist, Private Banker, Insurance Consultant, Business & Family Transition Specialist, Trust Specialist and Tax Specialist.
  • Top rated research.  Accolades include: 2016 Thomson Reuters Analyst Awards, 2016 Greenwich Associates Rankings, 2015 Brendan Wood International Survey
  • Most international canadian bank.

All the support we supply is focused on ensuring that your clients have minimal interruption to the services you provide.

During every transition there will be a team leader assigned who will spearhead the transition. They will stay on for an extended period after the initial transition phase to assist with training support and any outstanding items that may arise.

There will also be a dedicated training consultant for your team members for various aspects of their roles.

There are a number of ways that we support advisors. You know your business best. At the branch level we take an active role in removing obstacles that may hinder the activities you want to focus on. Based on your feedback we work in collaboration with your team to improve your business processes. We have an accessible marketing consultant who can share current “what’s been working” from advisors across the country.

The biggest difference is culture. Our firm has never merged with any other firm. The entrepreneurial spirit that founded and formed this firm is still vibrantly alive today.