Two Questions. Instant Results.

What a Slow Advisor Transition Actually Costs You

See the real cost of a poorly managed advisor transition: advisory fees uncollected, clients who don't follow, and AUM at risk. Built for firms recruiting advisors and advisors making the move.

30-DayTransition Target vs 3–6 Months
40–60%NIGO Rate on Manual Transitions
$2T+AUM Connected Through Docupace
10+ YearsManaging Advisor Transitions
The Problem

The moment an advisor resigns, two clocks start running. Both of them cost money until the accounts are open at the new firm.

For the advisor
Income stops on day one
Revenue doesn't resume until every account is reopened and transitioned. Weeks of delay are weeks worked for free, and the clients who drift away during the wait rarely come back.
For the firm
The New Firm Hears Nothing
Every week means advisory fees uncollected and AUM that hasn't transferred. The firm rarely hears from the advisor's clients, so it won't know they're leaving until they are already gone.

Clients who don't hear from anyone during the switch often don't sign the forms.
They just go quiet, and by the time anyone notices the revenue is already gone.

The Calculator

Calculate Your Advisor Transition Cost

See what a slow, poorly managed transition actually costs you. Pick your side and enter your numbers.

Docupace advisor transition cost calculator

Docupace Transition Assistant

When advisors move firms,
every week has a cost.

This calculator shows you the real cost of a poorly managed transition: advisory fees uncollected, clients who don't follow, and income at a complete halt. Enter your numbers and we'll show you exactly what's at stake.

Choose your view to begin

A quick example: $150M book at 1%

$231KClients lost to a slow move, repeats every year after
$409K Total cost
$178KAdvisory fees never collected while accounts sit unopened

Your two answers give you an exact number.

Question 1 of 3

How many advisors do you recruit each year?

We'll use this to show your total annual exposure. Rough number is fine.

advisors / year

Question 2 of 3

Is this an advisory book or a brokerage book?

This changes how we calculate the cost, because advisory fees and brokerage commissions work differently.

Question 3 of 3

What's a typical book worth when an advisor joins you?

Total value of the client accounts they bring over.

$ million ($M)

For books over $1B enter in millions, e.g. $2B = 2,000

Question 3 of 3

What's a typical advisor's trailing 12-month production?

Total commissions, trails and 12b-1 fees generated over the past year. This is the number that's actually at risk during the move.

$ thousand ($K)

Question 1 of 3

How much are you managing right now?

Total assets you'd move to the new firm. This is what's at risk while accounts are being opened.

$ million

Question 2 of 3

Is your book advisory or brokerage?

This changes how we calculate what you're at risk of losing.

Question 3 of 3

What's your annual fee?

The percentage you charge on AUM. This tells us exactly what you're not earning every day accounts sit unopened.

% per year

Question 3 of 3

What was your trailing 12-month production?

Total commissions, trails and 12b-1 fees over the past year. This is what's actually at risk during your move.

$ thousand ($K)

Your transition cost results

Cost to your firm

$409K

Fee revenue and recruiting investment at risk on this single advisor's book.

Cost to the advisor

$178K

Income the advisor doesn't earn while accounts sit unopened. It directly affects retention and goodwill.

Unmanaged vs Docupace-managed

Without Docupace (90 days)

$409K

With Docupace (30 days)

$136K

You save $273K per transition by moving the timeline from 90 days to 30.

Management fees missed

$178K

A Docupace-managed transition takes 30 days. A manual one takes 90. That gap is 60 days of fees your firm collects instead of loses.

Revenue Gone Every Year After

$231K

Clients who don't hear from you during the switch move their money somewhere else. This repeats every year after.

What a slow transition costs your firm, per advisor

$409K

in fees and revenue your firm doesn't recover

Methodology & assumptions

60-day opportunity cost. Docupace targets a 30-day transition. The industry standard for manual transitions is 3–6 months. The 60-day figure is the conservative minimum difference between a managed and unmanaged transition.

20% client attrition. Cerulli Associates reports advisors lose roughly 11–22% of client assets during a transition, depending on the type of move. This calculator uses 20% as a conservative working figure.

Fee rate. A 1% annual advisory fee is used as a representative rate within the industry range. Kitces Research and Schwab RIA benchmarking place typical advisory fees near 1% on smaller accounts, stepping down for larger portfolios.

Brokerage / commission-based books. For commission and trail-based business, this calculator uses trailing 12-month production directly rather than an AUM-fee assumption. Permanent attrition is estimated at 20% of trailing production, repeating annually.

Model limitations. These are estimates, not forecasts. Do not use for financial planning or valuation purposes.

Trusted by firms connecting more than $2 trillion in AUM through Docupace.

Download Your Results

Enter your work email to download a branded PDF of your firm's numbers. We'll also follow up with exactly how Docupace closes the gap.

We'll email you a copy. Schedule a time to discuss your results.

The transition service is paid by the advisor, not the firm.

Your results are ready.

Your PDF just downloaded. Schedule a time to discuss your results.

1Your results PDF just downloaded
3We walk through your specific transition together

What's at stake in your move

Cost to you

$178K

Income you don't earn while your accounts sit unopened at the new firm.

Cost to your new firm

$409K

What a slow transition costs the firm that recruited you: fee revenue, AUM and their confidence in the decision.

Unmanaged vs Docupace-managed

Without Docupace (90 days)

$409K

With Docupace (30 days)

$136K

You keep $273K more by getting accounts open in 30 days instead of 90.

Your income. Per day. On pause.

$822

This is what you're not earning every single day your accounts aren't open at the new firm.

Revenue Lost Every Year After

$36K/yr

Some clients use a slow, disorganized transition as their exit. They don't call to tell you. They just don't sign the forms.

Methodology & assumptions

60-day opportunity cost. Docupace targets a 30-day transition vs an industry standard of 90–180 days for manual moves. 60 days is the conservative minimum difference between fees you collect in one scenario and lose in the other.

20% client attrition. Cerulli Associates reports advisors lose roughly 11–22% of client assets during a transition, depending on the type of move. This calculator uses 20% as a conservative working figure.

Brokerage / commission-based books. For commission and trail-based business, this calculator uses trailing 12-month production directly rather than an AUM-fee assumption. Permanent attrition is estimated at 20% of trailing production, repeating annually.

Model limitations. These are estimates based on your inputs. Do not use for financial planning purposes.

Trusted by firms connecting more than $2 trillion in AUM through Docupace.

Download Your Results

Enter your work email to download a branded PDF of what your move puts at stake, and how to protect it. We'll follow up with next steps.

We'll email you a copy. Schedule a time to discuss your results.

Your results are ready.

Your PDF just downloaded. Schedule a time to discuss your results.

1Your results PDF just downloaded
3We walk through your specific move together
Where the Money Goes

A Slow Transition Costs You in Three Places at Once

None of them show up on an invoice. All of them show up in the numbers above. Tap a card to see how.

The Fix

A Concierge Service That Starts Before the Advisor Joins

Where permitted, Docupace begins before the official start date. By the time the advisor goes live, the paperwork is already built, pre-filled and validated. Accounts open faster, clients stay informed, and NIGOs drop to near zero.

Every Form, Pre-Filled and Validated

NIGO rates hit 40–60% on manual transitions. Docupace pre-populates every form from your data and validates before submission, so packets don't bounce back.

30-Day Target, Not 3–6 Months

The industry standard for a manual transition is 3–6 months. Docupace targets 30 days, up to five months of fees your firm collects instead of loses.

Client Data Stays Secure

No spreadsheets over email, ever. All client data stays inside a secure, compliant system, protecting your clients and keeping you compliant with SEC Regulation S-P.

Clients Tracked Every Step

A secure portal shows clients their status and next steps throughout the move. Anxiety goes down, attrition goes down, and the transition becomes a first great experience.

By the Numbers

A Decade Of Advisor Transitions, Done Right

30
day target for a full book transition vs the 3–6 month standard
60%
NIGO rate on manual transitions — driven to near zero with Docupace
$2T+
in AUM connected through the Docupace platform
10+
years managing advisor transitions across broker-dealers and RIAs
Questions

Advisor Transition Cost, NIGO, and Timeline FAQs

Two things at once. First, advisory fees you can't collect while accounts sit unopened. Every day of delay is revenue lost. Second, permanent client attrition: clients who drift away during a disorganized move rarely come back, and that revenue is gone every year after. On a typical book, the combined cost runs into the hundreds of thousands of dollars per advisor.
The industry standard for a manual transition is 3 to 6 months. Docupace targets 30 days. The difference is the window where fees go uncollected and clients are most likely to drift — which is why speed is the single biggest lever on cost.
NIGO stands for Not In Good Order: a form rejected because a field is missing or wrong. On manual transitions, NIGO rates run 40–60% on first submission. Every rejection adds days while the packet is corrected and resubmitted. Docupace pre-fills and validates every form before submission, driving NIGO rates to near zero.
Yes. Sending client account data in spreadsheets over email during a move can run afoul of SEC Regulation S-P and the Gramm-Leach-Bliley Act, the federal rules governing client financial data, and most firms don't realize it until it's already a problem. Docupace keeps all client data inside a secure, compliant system so no sensitive data moves over email.
Docupace pre-populates every form from your data, validates before submission so packets don't bounce, combines proprietary and custodial forms into a single eSign package, gives clients a secure portal to track progress, and, where permitted, begins work before the advisor officially joins. The result is a 30-day target instead of 3–6 months.
The transition service is paid by the advisor, not the firm. For recruiting firms, a single well-managed transition more than covers the cost through the fees collected and clients retained.

See your number, then let's close the gap.

Walk through a live transition with our team. We'll show you exactly what Docupace handles, how the 30-day timeline works, and what your firm or your move looks like with the right support behind it.

Sources & Assumptions

  1. Cerulli Associates: advisor transition asset-loss benchmarks of roughly 11% (independent to independent), 18% (broker-dealer to independent), and 22% (broker-dealer to broker-dealer).
  2. Kitces Research and Schwab RIA fee benchmarking: typical advisory fees near 1% on smaller accounts, stepping down for larger portfolios.
  3. Industry NIGO benchmarks for manual new-account submissions (40–60%).
  4. Docupace platform data: $2T+ AUM connected; 30-day transition target.

Estimates are illustrative and not financial advice.

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