All Signs Point To Yes: What a kids toy can tell us about moving to a new BD

Odds are you’ve picked up a Magic 8-Ball at one point in your life.

You held the billiard ball shaped orb in your hand, asked a yes-or-no question, and then flipped it over to reveal the “answer” which floats towards a window amidst a mini-sea of blue dye.

There are 20 possible answers to the question you ask, 10 are “affirmative”, 5 are “non-commital”, and 5 are “negative.” 

8 ball answers

When considering a move to a new broker-dealer, the Magic 8-Ball might not be the most reliable source of advice, but the odds are probably weighted correctly.

In 2021, the scale might tip advisors more towards the affirmative based on these 3 anomalies.

  • With the stock market soaring, your trailing 12-month revenue (T12)- what offers are based on, might be at its highest point ever.
  • Several BDs are paying well-above market for top talent right now in an effort to grow
  • Even if you don’t move, having an offer in hand can enhance your planning process – and securing offers doesn’t cost you anything.

Taken into consideration, advisors who are curious might find “Signs point to yes” to testing the waters.

If you are one of them, we can help you secure multiple offers right now from top regional and national BDs.

Click here to secure your offers.

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It’s one of the most important—and personal—questions a financial advisor can ask. Whether it’s frustrations with admin fees, limited platform flexibility, or just a gut feeling that you’ve outgrown your current firm, the decision to move shouldn’t be rushed. The right time to leave isn’t just about market timing—it’s about life timing.

If you’re weighing your options, we recommend this quick read: The Best Time for a Move—a blog and podcast episode that walks through key signals it may be time to explore a transition.

There’s no one-size-fits-all answer. Going independent offers more control, higher payouts, and brand autonomy—but with added responsibilities. Wirehouses provide built-in infrastructure, brand recognition, and turnkey support—but often come with more restrictions and fees.

The real question is: Which model makes the most sense for your business goals and lifestyle?

To make a confident decision, you need to understand the economics behind both paths. Start by securing transition offers from top firms—independent and wirehouse—so you can compare side-by-side.

Get Your Offers in Hand

Our services are 100% free to financial advisors. We don’t charge you a dime. If you decide to make a move, the new firm pays us a finder’s fee—similar to a recruiter. But unlike recruiters, we’re not tied to any one firm, so we work to find your best fit, not theirs.

Want the full breakdown? Check out our blog post: How We Get Paid

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Transition packages from top regional and national broker-dealers like LPL, Ameriprise, Wells Fargo, RBC, Cetera, Dynasty, UBS, and more.