The 90-Day MFD Exit Timeline That Works Every Time

A rushed MFD exit can create confusion for clients, gaps in compliance, and a drop in AUM. A 90-day exit timeline gives you enough time to plan, prepare, and hand over the practice without stress. Here is a proven 90-day MFD exit timeline that works every time.

Days 1 to 30: Planning and Preparation

In the first month, finalize your exit decision and choose a successor or platform. Review your client book and clean up records. Identify high-priority clients and any compliance items that need attention. Prepare a communication plan and draft announcement messages. Notify key stakeholders such as staff, family, and major clients.

Days 31 to 60: Client Communication and Introductions

In the second month, send the official exit announcement to all clients. Introduce the successor and begin joint meetings with high-priority clients. Update ARN mapping, compliance records, and platform access. Provide the successor with full access to client data and reporting. Begin a parallel run where the successor handles routine tasks under your guidance.

Days 61 to 90: Handover and Monitoring

In the final month, transfer full responsibility to the successor. Hold a final round of client calls to address concerns. Monitor the first few reports and transactions to make sure everything is correct. Update the old platform contract and close the account. Stay available for a short period to answer any remaining questions.

Conclusion

This 90-day MFD exit timeline gives you structure without rushing. It protects client trust, AUM, and your professional reputation. Whether you are retiring, selling, or transitioning, a clear timeline is the key to a successful exit.