Transition Counsel for Registered Representatives

Transitioning employment in the financial services industry requires counsel that can evaluate any potential legal implications so you can properly manage risk and focus on transitioning your clients.  If ignored, these risks can turn a simple transition into contested litigation with significant consequences.

Our attorneys have counseled both financial services firms, registered representatives and other employees on hundreds of employment transition matters both as outside counsel and as in-house counsel with some of the world’s largest broker dealers.   We have significant experience advising on all aspects of the transition process, including:

  • Analyzing employment contracts provided by the new firm
  • Analyzing employment contracts from the departing firm and advising on post-employment obligations such as non-compete and non-solicitation clauses
  • Advising on compliance with the Protocol for Broker Recruiting or transitioning to/from a non-Protocol firm
  • Advising on any pending internal investigations with the departing firm
  • Analyzing and negotiating Form U-4 and Form U-5 language with the departing firm
  • Counseling on post-transition issues such as improper client retention practices by the departing firm

Our firm’s goal is to ensure a smooth transition.  Please contact us for more information regarding how our firm can help with your transition.