Onboarding & Transitions Guiding You Through a Seamless Transition to GVA Our Business Development Team is available to answer any of your initial questions, and our dedicated Transition Team guides you each step of the way ensuring a smooth transition process. We handle your change of custodian so you can continue to focus on your clients and growing your business. We have built a four phase transition timeline/ roadmap that demonstrates what to expect during each phase of your transition to the GVA Family. A typical transition takes 4-5 weeks. Click here to get in contact with our business development team and learn more about our 4 Phase detailed Transition timeline. Advisor Edge: The GVA Way – Episode 1 Watch Video Advisor Edge: The GVA Way – Episode 2 Watch Video FAQs What support is available to me during transition? Each transitioning advisor is given a dedicated GVA transition specialist to ensure all business and clients move to the GVA platform smoothly. Additionally, if establishing a new DBA, GVA Marketing can provide branding, website build-out, and print collateral support and assistance (additional fees may apply to the latter). What custodians are available? GVA is multi-custodial providing access to LPL Financial, Fidelity, and Charles Schwab. I need guidance on whether I should register as RIA-Only or Hybrid. This is a big decision, and GVA is happy to discuss this with you! There are pros and cons to both. For example, when working with a Broker-Dealer, you may experience slightly higher costs for things such as E&O insurance and platform fees. Plus, there are the additional regulatory requirements. Whereas RIA-only may provide more flexibility and lower fees. Does LPL Financial offer Transition Assistance (TA)/Working Capital Loan? Is this predicated on assets custodied at LPL? Yes, LPL Financial will provide TA. It is in the form of a forgivable loan and split between an up-front and back-end amount at your 6-month mark. The Verifiable AUM (VAUM) you bring to LPL’s Platform will impact this amount. What if fewer or more assets migrate, will this affect my Transition Assistance (TA)? Your TA is broken into two deposits – up-front and back-end. When we work through your onboarding kit, we will discuss the different options and decide the best solution for you. What are the start-up costs to integrate GVA’s technology stack? GVA’s Tech Stack includes GVA Salesforce, GVA SecureOffice, and AdvisorBOB for each licensed advisor. Additionally, GVA offers access to dozens of additional technology solutions that we can easily integrate; we will work with you to decide, based on your business and affiliation type, what additional technology, if any, should be implemented. Is there a contract in place between Great Valley Advisor Group (GVA) and the Advisor (me)? Yes, as an IAR you will sign the IAR Agreement and IAR Addendum. How does Errors and Omissions (E&O) insurance work? If you choose the Hybrid Advisor model, LPL will auto-enroll you into their E&O platform; or if you choose to be an RIA-only Advisor then GVA will auto-enroll you into our E&O Insurance and provide a certificate of insurance. Questions? Let's talk! (610) 296-7630 info@greatvalleyadvisors.com Berwyn, PA 920 Cassatt Rd, Suite 202 Berwyn, PA 19312 (610) 296-7630 Wilmington, DE 1200 Pennsylvania Ave, Suite 202 Wilmington, DE 19806 (302) 483-7200 Braintree, MA 30 Braintree Hill Office Park, Suite 202 Braintree, MA 02184 (610) 296-7630 Boca Raton, FL 3837 NW Boca Raton Blvd, Suite 100 Boca Raton, FL 33431 (610) 296-7630