Transition Central

Your Transition Questions. Answered.

Your transition should be as seamless as possible, and we believe you’ll be surprised and delighted with how much easier the process will be here as opposed to anywhere else. The experience we’ve designed for you and your firm is meant to complete much of the work to move your clients and your business on your behalf with minimal disruption and no time lost to ramp. When you join LPL, you and your clients won’t have to sweat the small stuff (or the big stuff, for that matter).

  • A FINRA-sanctioned tape-to-tape and block transfer account conversion process exclusively available between LPL and Waddell & Reed in this transaction.
  • Simplified repapering, when necessary, focused on fast account opening and transfers.
  • Ability to earn revenue on brokerage and direct assets regardless of any required paperwork for 180 days due to the nature of this conversion.
  • A single, dedicated service team of experts trained in different areas of the business – reachable from multiple channels – provide personalized support.
  • Comprehensive training to master new resources and technology.
  • Compliant office setup with tools for growth and efficiency.

We’ll continue to provide you updates as things begin to finalize, but for now, take a look around to learn more about the process and timing of transitioning to LPL and how it’s going to be easier than any other traditional broker-dealer transition experience. 

 

Your Tech Transition

Here are highlights of the technology transition experience we’ve developed just for you.

Albridge and MyRepChat Integration

If you currently use either of these tools at Waddell & Reed, we are working to ensure that your reports, existing contacts, history, and other data are available in these tools at LPL.

Outlook Conversion

Your emails, calendars, appointments, and archiving will transfer over from to LPL in our Outlook conversion process. 

Missing Data Collection

Within ClientWorks, our core technology platform, you’ll have access to insert missing data for accounts that require that data to be collected.

Digital Client Signatures

You’ll be able to leverage our DocuSign technology for any accounts that require a client signature.