Transition Assistant

 

Docupace’s Transition Assistant is designed specifically for transitioning advisors. It allows them to efficiently process every line of business through an innovative cloud-based system that is customizable and scalable for any size office.  Transition Assistant helps transitioning advisors to “re-paper” all client accounts, at one time, as they are transitioning from one Broker-Dealer or RIA to another.

Currently, due to SEC/FINRA regulations, the acquiring Broker-Dealer or RIA cannot have access to the advisor’s client information until the advisor has moved his/her U4 to the new Broker-Dealer or RIA and the client has provided their data to the new Broker-Dealer or RIA on a signed new account form. Without Transition Assistant, the advisor will need to complete new account “paperwork,” a very labor-intensive process. Docupace has created Transition Assistant to help transitioning advisors to efficiently create the new account paperwork required by his/her new Broker-Dealer or RIA.

Docupace’s Transition Assistant allows advisors to capture all lines of business and manage form generation and population through one system. With institution-level security, Docupace’s Transitions Assistant provides a secure cloud-based file cabinet for client information, eliminating the need for paper.

How It Works 
Docupace caters to the needs of transitioning advisors and has developed a solution so they can store all their data and new transition records in a secure temporary repository. With an agreed upon process, records can be immediately transferred to the advisor’s new Broker-Dealer or RIA site and routed to the appropriate home office resources for processing with minimal business interruption for the advisor.

Benefits

  • Maintain advisor files electronically
  • Enhance recruiting
  • Eliminate NIGOs
  • Enjoy faster and smoother client transition
  • Streamline and manage the process, eliminating extra paperwork
  • Centralize all client-related documents and data in a SEC/FINRA compliant manner
  • Accelerate deployment with pre-built workflow
  • Get expert assistance with system setup and execution
  • Cut labor and work hours
  • Eliminate risk of unauthorized access to sensitive client information
  • Experience a hassle-free process