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
Fitting In or Standing Out
I read a brilliant tweet by EDUpreneur Ana Lorena Fabrega of “Synthesis School”. She writes “Fitting in pays off in school. Standing Out pays off in the real world.” Read ....Read More
24 September, 2021 | 2 Minute Read
Nano Learning
The Hypocrisy Trap
I recently met Ram, a mutual fund distributor who was frustrated with his client’s behavior. “My client wants to get investment guidance from his uncle,” he complained. “He ....Read More
30 August, 2024 | 2 Minute Read
Nano Learning
The Explorer
An Australian Advisor said a fascinating thing. She said “Most advisors might be good technical people, but they are not truly entrepreneurial. They are not Explorers. Their bus ....Read More
11 June, 2021 | 2 Minute Read
Nano Learning
Are you getting your Expensive Questions answered?
I truly consider asking meaningful questions as a Key Skill that all of us need to develop. However, I see a lot of focus and sometimes obsession on asking only technical question ....Read More
3 July, 2020 | 1 Minute Read
- 0
- 0
0 Comments