Break Away From The Pack
You’re interested in “breaking away” and starting your own wealth management firm. You know that this is going to bring some challenges. You need to determine what legal steps to take to set up the firm, for example. You’ll also have complete control over operations,...
When you break away and start your own firm, you can expect to face many new responsibilities. For example, if this is your first time as a leader, you must develop a way to manage your employees effectively. Contrary to popular belief, workers in all industries...
If you are thinking about starting your own financial advising firm or an RIA, it is important to consider the ways in which your company’s use of intellectual property (IP) can potentially make or break your brand. Your business will be operating in a competitive...
Forming a Registered Investment Advisor (RIA) can be a complex process that requires careful planning and attention to detail. Unfortunately, as with any business venture, there are common mistakes that can derail the success of an RIA. With many potential pitfalls in...
When you’re starting a new business, it’s only natural that you want to hire people who have a lot of energy and are committed to seeing the business grow and thrive. For many new business owners in the financial, tech and other industries, that means bringing in...
Over the last couple of years, employment agreements that restrict the speech and activities of employees – particularly once they’ve left a company – have started to fall. From non-disclosure agreements (NDAs) that prevent people from talking about sexual harassment,...
If you are a registered investment advisor (RIA), whether working as an individual or a firm, for a client(s), you have several duties to observe, which were included in your contract. Besides, the companies significantly benefit from working with you. Thus, it may...
If you are interested in launching your own financial advising enterprise, it is important that you take the time to proactively seek legal guidance concerning intellectual property issues. Intellectual property is an area of law that many new business owners don’t...
Those who have achieved success in the financial industry are often in a position to negotiate better compensation packages than those with average performance and those who are new to the profession. Unfortunately, the best and brightest in the financial field often...
If you’re starting your own firm, you’re likely being careful to adhere to any non-compete and/or non-solicitation agreement you signed with your former employer. You’re certainly not reaching out individually to any of your former clients or other clients of that...