B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
80%
80% -- client retention rate for Financial advisors transitioning to independence (2023)
An advisor turning independent can expect an average of 80% of desired clients to follow them to their new firm.
- Applies specifically to 'desired clients' rather than total client base
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
80%
Unit
Percentage
Data Vintage
2023
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
Source
Fidelity Institutional
Primary
Tier B
https://integrated-financial-group.com/resources/going-independent-as-a-financial-planner-should-i-s… ↗
Source Article
Going Independent as a Financial Planner: Should I Stay or Should I Go?
You’ve got a vision of what you want your practice to be. The corporate environment is too restrictive to really deliver the experience your clients want from you. You want more for yourself, your people and your followers. But making the decision to go independent can feel a little overwhelming.
“A…
Original Research
Fidelity Institutional
· Original study ↗
Methodology
2023 study by Fidelity Institutional measuring client loyalty/retention when advisors leave wirehouses to go independent; cited by Integrated Financial Group
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
Financial advisors transitioning to independence: 80% client retention rate. Source: Fidelity Institutional (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/client-retention-rate-advisor-transition
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<blockquote cite="https://lighthousedata.io/data/client-retention-rate-advisor-transition" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>80%</strong> -- client retention rate for Financial advisors transitioning to independence<br><small>Source: Fidelity Institutional (2023) · <a href="https://lighthousedata.io/data/client-retention-rate-advisor-transition" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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