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
The Dangal Lesson
The first scene of the movie Dangal has a gentleman challenging the character played by Aamir Khan for a wrestling match in the office.
10 September, 2021 | 2 Minute Read
Nano Learning
Niche your way
The biggest fear that advisors have when it comes to niches is this – “What if I say I specialize working with surgeons and a valuable prospect who is a non-surgeon might look ....
Read More
20 August, 2021 | 2 Minute Read
Nano Learning
The Biggest Enemy of Your Future Success
Who do you think is the biggest enemy of your future success? A competitor? A lack of resources? The market? No. It’s your current success. Success is comforting. It feels good.
13 December, 2024 | 2 Minute Read
Nano Learning
Mediocrity versus Mastery
Mediocre People look for Tips, Shortcuts and now Hacks.
Masters know they have to achieve Mastery.
Look at this Sketch carefully and reflect.
You would have figured that the s ....
Read More
4 December, 2020 | 2 Minute Read
Nano Learning
This Is How You Remain In Control
Control. Every financial advisor and MFD wants it. Control over outcomes.
Control over markets. Control over clients. But here is the paradox. The more you try to control, the less ....
Read More
26 September, 2025 | 2 Minute Read
Nano Learning
Who is the Future Advisor?
The Future of Advisor is one who has
-Conversation skills
-Understanding of Behavioural Finance
-Emotional Intelligence
-The Right Technology
And utilizes these to deliver at ....
Read More
20 March, 2020 | 1 Minute Read



- 0
- 0
0 Comments