Onboarding Friction with Smaller Prop Firms - Anyone Else Experiencing This?
Running into some persistent issues lately with the onboarding process for a few of the smaller, newer prop firms. We're talking extended KYB timelines that stretch for weeks, often with multiple requests for the same documentation, or new requirements popping up mid-process. It feels like they're still figuring out their compliance pipelines, which I get, but it's becoming a real bottleneck for rapid scaling and talent acquisition. Is anyone else seeing this, or have you found a way to streamline your internal processes to mitigate these delays when dealing with less established partners? Curious if there's a common thread here or if it's just bad luck on my end.
I've definitely noticed that too! Is it just with prop firms, or do you think it's a broader issue with any newer financial services trying to get their compliance in order?