Learn more at 3xequity.com.

With the CHOICE Act poised to strengthen non-competes in Florida, advisors may face a shrinking window of opportunity.

Florida is about to become ground zero in the national tug-of-war over non-compete agreements. On July 1, 2025, the state’s new CHOICE Act takes effect—granting firms broader power to restrict where and when high-earning professionals, including financial advisors, can work after they leave.

While the Federal Trade Commission aimed to ban non-competes altogether, its rule was blocked in federal court. Florida, meanwhile, is heading in the opposite direction—offering employers expanded legal muscle to enforce restrictive covenants.

For advisors thinking about a transition, the question is no longer if this will impact you. It’s when—and how much.

The CHOICE Act introduces several advisor-unfriendly provisions:

• Up to four years of enforceable non-compete restrictions for high earners (over twice the county wage average—typically $140,000+).

• Mandatory preliminary injunctions—meaning advisors could be sidelined before a judge even rules.

• Presumption of enforceability—it’s now up to you to prove the non-compete is unreasonable.

• Geographic expansion—firms can apply these restrictions more broadly, potentially locking advisors out of whole markets.

It’s the kind of law that can stop a career change cold—especially for advisors thinking of joining a new firm, going independent, or taking clients with them.

What makes this moment unique is the timing. Advisors have until July 1 to leave under the current legal framework. After that, they’ll be fighting uphill battles in courtrooms shaped by the CHOICE Act’s employer-first language.

This could have a chilling effect on advisor mobility—or, more likely, it could accelerate it. If you're already weighing your options, this might be the last best moment to move without risking the legal quicksand the CHOICE Act promises.

The broader trend has been toward greater freedom for advisors. States like California and Washington ban non-competes outright. The FTC's now-stalled effort reflects growing national recognition that restricting movement hurts innovation, competition, and clients.

Florida’s move is an outlier—and advisors should take note. If your ability to serve clients and grow your practice matters, so does jurisdiction. Waiting could mean more legal risk, less leverage, and fewer options.

Transitions are always about timing. But with the CHOICE Act taking effect in just weeks, the window for a clean break is narrowing fast.

At 3xEquity, we help advisors confidentially explore their transition options, compare offers, and move on your terms—not your firm's. If you've been waiting for a sign, this could be it.

If you are a Florida advisor who has been considering a move, you might want to expedite your timeline - significantly.  Although most transitions take months, we've worked with advisors to move them in just a few weeks. 

Get started now by securing multiple offers, all while you remain 100% anonymous.

Learn more at 3xEquity.com.

Hello and welcome to another episode of AdvisorTrends, 3x Equity's podcast where we explore what’s new, what’s next, and what’s working for financial advisors who are thinking about growing their practice.

Today I want to talk about the value of hitting the pause button. If you’re a Commonwealth advisor, odds are your phone’s been ringing more than usual lately. Emails, calls, text messages — all pitching you on why you should make a move, or stay where you are, or talk to this recruiter, or take that retention bonus.

The LPL acquisition of Commonwealth has created what we’d call a full-blown recruiting frenzy — and you’re the prime target. And honestly? That makes sense.

You’re experienced, you have loyal clients, and you’ve built something valuable. Everyone wants in on that.

LPL’s reportedly offering retention packages around 50 basis points of assets. Cetera's coming after you publicly. Fidelity is quietly encouraging RIAs on their custodial platform to recruit you. And that’s just the activity you see.

But before you respond to any of it — before you return a call, or sign anything, or even mentally lean in one direction — here’s our advice:

Hit pause. Silence the phone. Step back.

This isn’t just another business decision. For many of you, this could be the biggest career move you make.

And it deserves the same strategic thinking you give to your clients every day.

Now, if you really wanted to go to LPL — and for some advisors, that’s absolutely the right move — odds are you would’ve made that decision before the deal was announced. You’d have had more control, a potentially bigger check, and the ability to design the transition on your terms.

But now the landscape has changed. Your leverage is different. And the volume of noise has gone way up.

So what should you do?

You talk to someone who’s seen every angle of this process. A transition consultant.

At 3xEquity, we help advisors explore offers from across the industry — confidentially, efficiently, and without the pressure of a sales pitch. It’s not just about comparing numbers. It’s about understanding what you want for the next chapter of your business and then helping you find the best platform, deal, and fit to match it.

Our COO, Chris Stacey, put it best. He said, “There’s a lot of emotion in the air. We encourage advisors to take a beat, get clear on what they really want, and let us do the work of surfacing the best options.”

Because that’s what this moment calls for: clarity, not chaos. Strategy, not speed.

So while the calls come in, while the recruiters circle, while the offers stack up — do yourself a favor:

Step back, take a breath, and talk to someone who can help you see the whole board.

This isn’t about who wants you.

It’s about where you want to be.

And when you’re ready, 3xEquity is here to help you get there — with confidence.

If you’re curious about what a move could look like, it starts with one easy step: head to 3x Equity dot com, click the link, and get multiple offers—100% anonymously.

Thanks for listening to AdvisorTrends.

Learn more and find more episodes at 3xEquity.com.

In football, some of the most electrifying plays don’t happen at the moment the ball is caught — they happen after the catch. That extra burst of speed, the vision to find open space, and the ability to break tackles lead to big gains. This is captured in a stat known as Yards After Catch (YAC). It’s not just about making the catch; it’s about what you do next.

The same is true for financial advisors who switch broker-dealers.

Making a move to a new firm is the catch. What separates good advisors from great ones is how much they grow their business after the move — their “Yards After Catch.”

When an advisor changes broker-dealers, it sets up an opportunity — better tech, more flexible client solutions, branding freedom, and often a fresh narrative to share with clients. But not every advisor turns that opportunity into growth.

Industry studies show that successful advisors typically grow their AUM by 10-30% within 12 to 24 months of making a move. The best performers often exceed that, gathering new assets and strengthening client relationships faster than they ever could have before.

The move gets you the ball. What you do with it determines how far you’ll go.

Some broker-dealers and RIA platforms are simply better at setting advisors up for success after a move. They provide better “blocking” — smoother onboarding, strong operational support, superior client-facing technology, and marketing resources to help advisors build momentum.

• Elite RIAs and Hybrid Models (e.g., Dynasty Financial Partners, Kestra Private Wealth Services) typically produce the highest YAC. Advisors gain maximum flexibility and entrepreneurial control.

• Independent Broker-Dealers (e.g., LPL Financial, Commonwealth, Raymond James Financial Services) create strong YAC potential by offering better platforms and technology.

• Boutique Firms (e.g., Rockefeller Capital Management, Steward Partners) offer white-glove onboarding and prestige, often leading to an influx of new high-net-worth clients.

Player Profile #1: The Veteran Playmaker

• Background: $120M AUM wirehouse advisor, 18 years in the business.

• Move: Transitioned to an elite RIA platform offering full independence.

• Result: Retained 92% of clients and grew AUM by 25% within 18 months.

• YAC Factors: Used newfound flexibility to roll out financial planning services; rebranded personally; leveraged better client portal tech to increase referrals.

Player Profile #2: The Rising Star

• Background: $45M AUM independent advisor looking to scale.

• Move: Shifted to a boutique hybrid RIA offering stronger marketing support.

• Result: Retained 88% of clients and grew AUM by 40% within 15 months.

• YAC Factors: Took advantage of marketing resources to create a webinar series, leading to new client acquisitions and deeper wallet share from existing relationships.

If you’re considering a move — or have recently made one — here are the keys to maximizing your post-move growth:

• Communicate Early and Often: Clients should feel like they’re part of your journey, not bystanders.

• Rebrand and Relaunch: Use the move as a reason to refresh your brand and service offering.

• Use the New Tools: Better tech, better planning capabilities, and better communication tools need to be front and center.

• Market Aggressively: Announce your move, your new capabilities, and how it benefits clients. Don’t be shy.

In today’s competitive environment, making the move to a new firm is important — but it’s what you do after the move that defines your success.

The best advisors are YAC players. They use the move not just to survive, but to sprint ahead. They build bigger businesses, deepen client loyalty, and set themselves up for long-term wins.

If you’re considering a move, ask yourself: Am I just trying to make the catch? Or am I ready to take off down the field?

Need help designing the right move? At 3xEquity, we specialize in helping advisors catch the ball and rack up serious Yards After Catch.

Learn more at 3xEquity.com

Hello and welcome to another episode of AdvisorTrends, 3x Equity's podcast where we explore what’s new, what’s next, and what’s working for financial advisors who are thinking about growing their practice.

Today I want to talk about baseball. More specifically—about a new piece of equipment that’s quietly shaking up Major League Baseball. It’s called the torpedo bat. And while it might sound like a gimmick, it’s actually based on some very smart physics—and the results are turning heads across the league.

The Yankees were the first to start using them. These bats look different—shorter barrels, more mass redistributed toward the hands, kind of like a bowling pin. They’re designed so that the sweet spot aligns with where hitters actually tend to make contact. So instead of changing a player’s mechanics, the bat just makes better use of the swing they already have.

And it’s working. More power, cleaner contact, and record-setting performances.

Other teams have started to follow suit. Because when something that small can deliver results that big, you pay attention.

And it got us thinking—what’s the torpedo bat for financial advisors?

Because the truth is, just like athletes, advisors spend years refining their craft. You train, you analyze, you improve. But sometimes it’s not about working harder. It’s about using better tools.

And for many advisors, the broker-dealer you’re currently with might be the equivalent of an outdated bat. It’s not that you’re swinging wrong—it’s that you’re working with equipment that just isn’t optimized for how you really operate.

That’s where we come in.

At 3xEquity, we help financial advisors find their version of the torpedo bat. We’re transition consultants—we help you explore new broker-dealer options quietly, anonymously, and on your terms.

We don’t push a specific firm. We don’t chase a big check just for the sake of it. What we do is get to know what matters to you—your style, your business, your goals—and then help you get multiple offers that align with that. We help you find the firm that gives you the best chance to thrive, with tools, tech, culture, and support that actually match the way you work.

We’ve got relationships with over 200 broker-dealers and RIAs. If there’s a better fit out there for your practice, we’ll help you find it.

So here’s the big question: are you still swinging with the bat you started with? Or is it time to pick up something new and unlock a new level of performance?

If you’re curious about what a move could look like, it starts with one easy step: head to 3xEquity.com.

So here’s the big question: are you still swinging with the bat you started with? Or is it time to pick up something new and unlock a new level of performance?

If you’re curious about what a move could look like, it starts with one easy step: head to 3x Equity dot com, click the link, and get multiple offers—100% anonymously.

You’ve already put in the work. Let 3x Equity help make sure you’ve got the right tools to take it even further.

Thanks for listening and we'll catch you next time on AdvisorTrends.3xequity.com, click the link, and get multiple offers—100% anonymously.

You’ve already put in the work. Let 3x Equity help make sure you’ve got the right tools to take it even further.

Thanks for listening and we'll catch you next time on AdvisorTrends.

Learn more at 3xEquity.com

Today we’re talking about some major rumblings in the wealth management world. Word is, LPL Financial—the industry's undisputed recruiting juggernaut—may be acquiring Commonwealth Financial Network, one of the most respected boutique firms in the space.

Now, if you’re a Commonwealth advisor, you’re probably paying close attention to this. And you should be.

Let’s zoom out for a second.

LPL has been on a serious hot streak. Over the last couple of years, they’ve built a value proposition that’s incredibly appealing to a broad range of advisors. Their tech, their scale, their service model—it’s working. And we’ve helped a lot of advisors make the move to LPL. For many, it’s been the right choice.

But here's the key point: they chose it. They didn’t get swept up in an acquisition. They didn’t wake up one morning and find out their business was now part of a much larger machine.

They made a move—on their terms.

That distinction matters.

When LPL acquired Atria, many Atria advisors had a decision to make: go along for the ride, or chart their own course. And a surprising number of them chose to explore their options. They got offers from other broker-dealers, looked at how the economics lined up, compared support models—and many made a move that better fit their needs and goals.

Why? Because choice is power.

If you’re a Commonwealth advisor listening to this right now, you might be thinking, “Well, if I end up at LPL, what’s the big deal?” And the truth is, for some of you, that may be a great outcome.

But if you had gone to LPL on your own—if you had initiated that move—you would’ve likely received a transition bonus, additional onboarding support, and more negotiating leverage. In other words, you would’ve benefited from the move.

That’s not always the case when your firm gets acquired.

We get it—change can be overwhelming. But it’s also an opportunity. And at 3xEquity, we’re here to help you turn that uncertainty into advantage.

We make it easy, confidential, and zero-pressure to get transition offers from multiple top broker-dealers—so you can see what your business is truly worth in today’s market.

Even if you decide to stay put, the process gives you clarity. It gives you options. And, most importantly, it puts you in control.

Because at the end of the day, no one knows your business better than you. And no one should be making career decisions on your behalf.

So whether this LPL–Commonwealth deal goes through or not, don’t wait to see what happens. Take action. Own your next move.

Thanks for tuning in to AdvisorTrends. If you liked this episode, be sure to subscribe, share it with a colleague, and visit 3xEquity.com to start exploring your options today.

Until next time—keep growing, keep leading, and remember: the power is in your hands.

Learn more at 3xEquity.com

Welcome to AdvisorTrends, the podcast where we explore the moves, strategies, and insights shaping the future of financial advising. I’m your host, and today, we’re talking baseball.

That’s right—baseball season is back next week, and with it comes the kind of optimism that financial advisors know well. It’s the feeling of fresh starts, tight game plans, and looking for the edge that’ll help you win all season long.

And speaking of strategy—there’s a new biography climbing the New York Times Best Sellers list that caught our attention. It’s called Earl Weaver: Baseball’s Relentless Genius, by John W. Miller. Now, if you’re a student of the game—or just remember the golden age of the Orioles—you know the name. Earl Weaver was the legendary manager of the Baltimore Orioles from the late ’60s through the mid-’80s. Fiery, brilliant, ahead of his time.

But here’s the thing. As a financial advisor, there’s a lot you can learn from how Earl Weaver managed a baseball team. In fact, his philosophy feels like a playbook for running a modern advisory practice.

Let’s dig in.

First off—know your numbers cold. Weaver didn’t trust gut feelings. He tracked stats, matchups, and tendencies on handwritten index cards. He was using data before data was cool.

Sound familiar? The best advisors today are numbers-driven. They use CRMs, planning software, portfolio analytics. They understand which clients are growing, which segments are profitable, and what their real margins are. Data drives better decisions—for your clients and your business.

Next—stick to a winning philosophy. Earl had one: pitching, defense, and the three-run homer. No bunts. No wasted outs. Just high-percentage plays that moved the needle.

Your version might be planning, risk management, and tax-smart strategies. Whatever it is—know it, own it, and execute it. Advisors who try to be everything to everyone often end up losing focus, and clients can tell.

Third—maximize matchups. Weaver was a master at this. He’d shuffle the lineup, bring in pinch hitters, and play the odds.

For advisors, it’s about fit. Are you working with the right clients? Are you in the right environment to thrive? Is your broker-dealer giving you the support, tech, and freedom you need to deliver your best performance? If not, that’s a bad matchup—and it may be time to rethink the lineup.

Now—say it straight. Weaver didn’t sugarcoat. He was direct, but his players respected him. They knew he had their backs.

Clients want that same honesty. They want an advisor who tells them the truth, even when markets are rocky or the plan needs adjusting. That kind of candor builds long-term trust..

And speaking of backing your team—Weaver was legendary for getting ejected from games to defend his players.

As an advisor, you’re in your clients’ corner. Whether it’s helping them navigate a major life event, a bear market, or a tough tax year, you’re the one stepping up to bat for them. That advocacy? It matters more than you think.

Now here’s one more thing—consistency wins. Weaver never had a losing record in his first 14 years. He didn’t just have good seasons—he built a system that worked year in and year out.

That’s what we’re all aiming for as advisors. Not just a good quarter. Not just a solid AUM number. But a practice that performs, delivers, and scales consistently—over time.

But let’s be real. Not everyone’s in the right place to make that happen.

Earl Weaver only ever managed one team: the Baltimore Orioles.. And for many financial advisors, that’s the story too.

When the fit is right...

But what if your story is different?

What if your current firm no longer has the technology you need? What if your growth feels capped? What service and support aren’t what they used to be?

That’s when it’s time to talk to a transition consultant like 3xEquity. We help advisors get clarity, explore new opportunities, and secure transition offers—confidentially and without commitment.

Learn more at 3xEquity.com.

A recent Reddit post titled “Would you switch firms in this market?“ caught our eye. It’s a great question and likely one that’s on the mind of many advisors—whether they were mid-process on a transition or were considering dipping their toe in the water. With markets experiencing increased volatility, the timing of a move can feel uncertain. But in reality, waiting for the “perfect” moment is often a losing game.

In fact, market turbulence can present unique opportunities. Clients are more likely to take your calls, as they’re actively seeking reassurance and guidance. A transition, when positioned correctly, isn’t just about a move—it’s about upgrading your ability to serve your clients. If a new firm offers better technology, superior products, and improved resources, that can be a game-changer in helping clients navigate uncertainty with greater confidence.

Consider this: just a few weeks ago, markets were at their peak. Could stability come just as quickly? Will you wish you were further along in the process in a few weeks? The reality is that trying to time a move—just like trying to time the markets—is nearly impossible. What matters most isn’t when you move, but why you move. If an opportunity is the right fit for you and your clients, that’s what should drive your decision.

And when making a move in volatile times, working with a transition consultant becomes even more valuable. The right consultant takes care of the heavy lifting—handling securing offers (while keeping you anonymous), meeting logistics, and much more—so that you can stay focused on what truly matters: your clients. Keeping them informed and reassured through a transition is critical, and with expert support behind you, you’ll be free to have those conversations without distractions.

At the end of the day, the question isn’t just whether you should switch firms in this market—it’s whether the right opportunity is on the table for you to move to. If it is, waiting for the “perfect” time could mean missing out on the best fit for you and your clients.

Curious to get started?  3xEquity is ready to help you find your best fit. Follow this link to begin.

Learn more at3xEquity.com.

The past few weeks have been, simply put, chaotic. The speed of domestic and global events has accelerated, making it harder to keep up—let alone plan for the future. Technological advancements in AI and breakthroughs in medical and pharmaceutical fields are moving at a phrenetic pace. Meanwhile, geopolitical shifts and economic uncertainty have many financial advisors fielding more client calls than ever before.

If you had 2025 circled as the year to consider a transition, you’re not alone—but you might also be feeling that now is not the right time to focus on making a move. The sheer volume of information, market shifts, and client concerns may have you thinking that staying put is the easier choice.

But here’s the reality: the world isn’t slowing down. If anything, the pace of change is only increasing. And in times like these, making the right move is even more critical for the long-term success of your practice. That’s where 3xEquity comes in.

We understand that your priority is serving your clients—especially in turbulent times. That’s why partnering with a transition consultant like 3xEquity is crucial. We do the legwork so that you can focus on what you do best: managing and growing assets.

Here’s how we make the transition process seamless:

✅ Securing Multiple Offers: We leverage our industry expertise and extensive network to bring you the best transition deals available—without you having to chase them down.

✅ Arranging & Analyzing Meetings: We coordinate meetings with top broker-dealers, take notes, and provide analysis so you can make informed decisions without losing time.

✅ VIP Visits & War Room Strategy: We schedule VIP visits and then guide you through a strategic, war room-style decision-making process to ensure you’re choosing the best fit for your future.

Despite the chaos, one thing remains constant: competition for top advisor talent is still fierce. Broker-dealers are offering some of the biggest transition packages in years, and you don’t want to miss your chance to capitalize on these opportunities.

The world may be moving fast, but that doesn’t mean your transition has to be overwhelming. With 3xEquity by your side, you can stay focused on your business while we secure the best path forward for you.

Reach out to 3xEquity today and take the first step toward your next chapter—without missing a beat.

Let Us Handle the Heavy Lifting Don’t Miss Out on the Largest Transition Packages in Years

Learn more at 3xEquity.com.

Turns out, if you build an exit ramp and start pushing people toward it, they might just take the hint. Who could have seen that coming?

As reported by AdvisorHub, UBS executives are sending mixed signals to their advisors. On one hand, they’re openly acknowledging that the firm is bracing for a wave of broker attrition following its recent compensation changes. On the other, those very changes are actively pushing out a critical segment of their workforce: advisors generating between $500K and $750K in annual revenue. While UBS frames the adjustments as a strategic realignment, the message to advisors in this revenue range is loud and clear—you’re not the priority anymore.

For many, UBS has been a comfortable home, providing brand recognition, a strong platform, and the resources to support their clients. But now, those same advisors are being squeezed by payout reductions and the elimination of key incentives like the teaming bonus. If you’re in that sweet spot between $500K and $750K in production, you have to ask yourself: Does UBS still want me here? The firm’s actions suggest otherwise. And if they don’t want you, why stay?

While UBS may be tightening the screws, other broker-dealers are rolling out the welcome mat. There are plenty of firms that would love to add experienced advisors with strong books of business to their rosters. And they’re willing to put serious money behind those efforts.

But making a move isn’t something to rush into blindly. That’s where 3xEquity comes in

https://3xequity.com/blog/bd-shocked-advisors-exiting-through-door-it-built

Learn more at 3xEquity.com.

The latest Cerulli Associates report paints a complex picture of the wealth management industry: advisor headcount is stagnant, top talent is scarce, and broker-dealers are competing fiercely for a shrinking pool of professionals. For advisors curious about their future, these findings offer both challenges and opportunities—but only for those willing to elevate their game.

With advisor headcount growing by a mere 0.2% over the last decade, the talent pool remains shallow. Broker-dealers, sensing this scarcity, are increasingly willing to overpay for top talent. The independent broker/dealer (IBD) and RIA channels are making significant gains in market share, further fueling the competition. For advisors, this means the potential for lucrative offers has never been higher.

The numbers tell the story:

Despite these gains, the wirehouse channel continues to control over a third of industry assets, even as its headcount is projected to decline further. This intense competition for talent is driving broker-dealers to sweeten the pot, particularly for experienced advisors managing substantial assets.

While broker-dealers are willing to pay top dollar, only advisors who distinguish themselves as exceptional—not merely competent—will command the most significant paydays. The Cerulli report reveals that 67% of assets are managed by practices with more than $500 million in AUM, with half of these practices open to acquisitions. These are the practices that broker-dealers are targeting.

So, what separates a “good” advisor from a “great” one?

If you’re an advisor eyeing a transition, here’s how to position yourself for success:

The Cerulli findings make one thing clear: the financial advisor landscape is changing, and those changes present both challenges and opportunities. Broker-dealers continue to overpay for top talent like its a precious metal, but only those advisors who stand out as industry leaders will reap the rewards. For good advisors, now is the time to focus on becoming great. By growing your practice, refining your skills, and preparing for the future, you can position yourself for the industry’s

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