For Advisors

If you are thinking about going independent and looking to grow your assets, you’re in the right place.

Why is Pallas Capital a great place for Advisors?

Pallas was built by advisors for advisors – with the intent of creating a workplace culture built on trust and transparency — for people who are passionate about helping clients preserve and grow their wealth.

Why Pallas?

  • Independence. Flexibility and control over your career and the ability to run your business the way you want – leveraging an innovative open architecture platform – are core to the modern independent advisor model Pallas has designed.

  • You get extraordinary infrastructure. Pallas offers support from day one via a dedicated transition team. Once you affiliate with Pallas, you’ll be surrounded by cutting-edge technology, deep estate and tax expertise, investment leadership, and back-office operations.

  • Practice management and idea sharing. We hire people who are innately positive – and are game to exchange leading practices and ideas with peers in a growth-minded environment. This camaraderie is the spark that leads to creativity and innovation in growing our books of business and the services we offer clients.

  • It’s easy to amplify your voice. Pallas offers a state-of-the-art recording studio and an array of content vehicles — from podcasts to webcasts to our signature Extraordinary Lives series – for advisors to share insights and growing their audience.

  • We use our power for good.  We launched Pallas Institute for the purpose of equipping the next generation with financial literacy. Advisors can choose to participate in multiple ways, including leading teach-ins with college students during our in-person internship program.

Why Independence?

Meet Joe, Eric, and Chris – three advisors who transitioned their clients from wire houses to Pallas Capital – and never looked back.

Learn about their motivation for seeking independence and what elements of freedom, flexibility, and control they are finding most valuable in serving and growing their client base.

Four misconceptions that prevent Advisors from embracing a move to independence.

The reality is that Pallas Capital’s advisors experience immediate benefits for clients and flexibility for themselves when they transition to independence.  They own their book of business and have a great deal of choice about how to customize their practice, while also benefiting from robust centralized resources.

  • Every advisor who has transitioned to Pallas Capital in the past year has not only retained their book of business, they have also grown their assets under management.
  • Prospective advisors receive transition support from a dedicated team months before they officially give notice to their old firm. This team has successfully transitioned thousands of clients and boasts a 96% retention rate.
  • Pallas has built a core team of passionate experts who are skilled at identifying and integrating custom estate, financial, and tax strategies that others often miss. These resources partner daily with advisors across Pallas Capital’s offices.
  • Being an independent RIA allows Pallas to leverage the best technology in the industry. Pallas Capital’s advisors have access to innovative portfolio management and client portal solutions that offer trading, financial planning, risk, stress-testing, and reporting. Each advisor further customizes their technology needs by choosing from a robust open-architecture tech stack.
  • At Pallas, advisors have access to a customizable UMA platform, including multiple managers across traditional and alternative investments. In-house CFAs are readily available for client-facing strategy and portfolio customization.
  • Advisors have the option to manage assets themselves, outsource portfolio management to our in-house team, and/or access customizable investment solutions from one of our many partners.
  • In fact, it’s just the opposite. It’s very costly to not own your book of business over the long-term, especially when it comes to monetizing your practice later in your career.
  • Transparency and choice is enjoyed by each Pallas Capital financial advisor, and allows them control over expenses and how to best serve their clients.
  • Pallas also supports advisors through centralized human resources, payroll, and compliance services – in addition to investment, marketing, tax, and estate expertise.

How does Pallas help Advisors transition their book of business?

We have an internal team of registered representatives that has successfully transitioned thousands of clients and over $1B in assets to Pallas – and boasts a 96% retention rate.

The team has a mapped a four-phase process that supports new advisors in preparing existing accounts for transition, where they:

  • Examine existing accounts to identify any alternative asset holdings, such as private equity, that may require a non-standard transition plan
  • Support technology onboarding related to new systems for CRM, portfolio management, financial planning, and custody
  • Make conversion day as smooth as possible – and even provide suggested communication scripts for resignation and outreach to clients
  • Help set up new accounts at custodian and ensure clients can access their new financial planning system and tools.
1
PRE-TRANSITION
2 months
Weekly Zoom calls with our dedicated transition team
2
PRE-TRANSITION
2 weeks
Learn new systems and technology
3
AFFILIATION DAY
Resion from Old firm
4
POST-TRANSITION
First 90 days
Meet with clients to review on line account access and functionality

How do Pallas Capital’s investment, tax, and estate experts help Advisors educate their clients and grow their business?

Week in Review

Webcasts with Industry Experts

Investment Commentary

Planning Commentary

Podcast Series: The Pallas Perspective

Let’s start a conversation…

A senior member of our advisor recruitment team would welcome the chance to connect and talk about the benefits of going independent with Pallas Capital Advisors. Your communication with us will be kept strictly confidential.

Please reach out directly by completing the form below. We look forward to talking with you.

Troy Erickson

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Braintree, MA

45 Braintree Hill Office Park Suite 201
Braintree, MA 02184
(781) 971-5052

Wakefield, MA

701 Edgewater Drive
Suite 140
Wakefield, MA 01880
(781) 587-3478

Portsmouth, NH

36 Maplewood Avenue
Portsmouth
NH 03801
(603) 292-3699

Park Ridge, NJ

1 Maynard Drive
Suite 2101
Park Ridge, NJ 07656
(551) 277-2686

Newport, RI

51 Long Wharf Mall
Newport, RI 02840
(401) 847-0505

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Pallas Capital ADVISORS is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure. This website is solely for information purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Pallas Capital Advisors unless a client service agreement is in place.

Advisory services are only offered to clients or prospective clients where Pallas Capital Advisors and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Pallas Capital Advisors unless a client service agreement is in place.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

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