Happy 10th Birthday, Protocol — and Nice Work!

Summary: More financial advisors are firm-hopping this year, according to industry experts. By way of explanation, insiders cite last year’s market surge, which left brokers with solid “trailing 12” production numbers and clients with a warm, fuzzy feeling that could make them loyal to their advisors. Fear of impending compensation-disclosure rules may also be prompting brokers to make their moves now. But whatever an advisor’s reason for switching firms, experts agree that doing so is easier than it used to be, thanks to the Protocol for Broker Recruiting, which will be 10 years old this August.