Enabling independence for financial professionals and their clients.
Transition Services enable financial professionals to retain their current clients when moving to an independent practice. With a Securities-Backed Line of Credit (SBLOC)1, your clients may be able to pay off loans and easily transfer their assets to your new practice.
Benefits:
Retain valued client relationships and portfolio assets; have a book of business when moving to an independent practice.
Services and Support:
- The expertise of a Business Development Officer throughout the transition.
- The Bancorp will perform a confidential review of all investment account statements to ensure that your clients’ existing loans and pricing remain intact.
Underwriting:
Our team of tenured underwriters will assist with the payoff process.
1. An SBLOC cannot be used for the purchase of additional securities or to pay off a margin loan that was used to purchase securities.
