Migrating AUM Is Easy. Migrating Relationships Is Not
Amar Pandit
A respected entrepreneur with 25+ years of Experience, Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and is the author of 4 bestselling books (+ 2 more to release in 2020), 8 Sketch Books, Board Game and 700 + columns.
April 25, 2025 | 3 Minute Read
There’s a big difference between migrating assets and migrating trust.Most financial professionals miss this. Especially during transitions like acquisitions, mergers, or successions.
Migrating AUM might seem complex on the surface—but in reality, it’s a process.
With the right systems, a strong operations team, and a well-structured plan, it’s often done in 30 to 60 days.
Letters and Forms. Transfers. Backend coordination. Done.
But relationships? That’s a different story altogether.
Relationships don’t follow a checklist.
They don’t move just because a form has been signed.
They don’t transfer with a folio number.
They move when trust moves.
When comfort is rebuilt.
When a new connection is established.
And this takes time.
Patience. Presence. Real conversations.
Naive buyers often underestimate this part.
They think once the AUM is in, the job is done.
They assume clients will stay because the service continues.
But clients don’t stay for service. They stay for who is serving them.
They stay for the one who knows their fears. Their story. Their kids’ names.
On the other hand, many sellers also miss this.
They don’t account for the time and effort it takes to truly transition a relationship.
They think it’s a handover. It’s not. It’s a slow and thoughtful introduction.
If you want long-term retention, you have to go beyond the numbers.
Because clients are not assets. They’re people.
And relationships, unlike AUM, don’t migrate in 30 days.
They take as long as trust takes.
And that’s what you should plan for.
Similar Post
Nano Learning
What Makes Perfect?
We all have been told “Practice Makes Perfect”.
Practice however does not make Perfect.
Sloppy practice will make you sloppier...Incorrect practice can injure you or lead to di ....
Read More
11 August, 2023 | 1 Minute Read
Nano Learning
Any Idiots out Today, Dad
Many of you loved Tuesday’s post “What’s your Water? Just thought of extending that post with an insight.
I had asked this question, “What’s the Water you are not seein ....
Read More
6 May, 2022 | 2 Minute Read
Nano Learning
Yet Another One
What do you think of an empty calendar?
While many might not (I didn’t too) like an empty calendar, Author Shane Parrish wrote “An empty calendar is a competitive advantage. Th ....
Read More
29 December, 2023 | 2 Minute Read
Nano Learning
An Important Lesson
I watched Special Ops 1.5 a couple of weeks back. It was a well shot thriller with some amazing dialogues. One in particular stood out and I had to share it. In fact, I have writte ....
Read More
21 January, 2022 | 2 Minute Read
Nano Learning
The 2 Most Important Days of your Life
I am sure most of you can guess the first one. The Day you were Born.
The Second is the Day you figure out WHY you were Born?
Have you found your Second Day yet?
I found my s ....
Read More
1 January, 2021 | 2 Minute Read
Nano Learning
Are Unconscious Beliefs Controlling Your Practice?
Carl Jung once said, “Until you make the unconscious conscious, it will direct your life and you will call it fate.” These words are powerful, especially for all of us.
8 November, 2024 | 2 Minute Read



- 0
- 0
0 Comments