Switching fiduciaries: how easy it is
Switching your fiduciary is possible at any time and, done properly, causes no disruption to your business. Here is how a clean handover works.
How it works
Terminate the old fiduciary
Give notice to your current fiduciary in line with your agreement and confirm the end date in writing.
Request your files and access
Ask for all accounting records, documents and access credentials so nothing is lost in the transition.
Set up powers of attorney
Sign the powers of attorney that allow your new fiduciary to act for you with authorities, banks and insurers.
Take over open items
Review and take over any open tasks, deadlines and ongoing matters so nothing falls through the cracks.
Continue seamlessly
With files and access in place, your new fiduciary continues your bookkeeping, payroll and tax work without interruption.
Answered in short
Can I switch fiduciary at any time?
Yes. You can change fiduciary whenever you wish, subject to any notice period in your existing contract. We coordinate the handover so the transition is seamless.
Will switching disrupt my bookkeeping?
No, provided the handover is organised properly. Once we have your files, access and powers of attorney, we take over open items and continue your accounting without gaps.