For big 4, what do you have to do with your investment accounts when you join? What about for family members, and how to handle family members you are estranged from?

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Typically no exceptions are provided. You need to liquidate your holdings or you’ll fail independence potentially impacting your employment.

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It is if they own specific stocks (for the most part indexes are ok) but it’s also a non-negotiable, at least at EY

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Thanks all, also anything on how they handle estranged family?

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Depends on who you’re referring to as“family”. At EY, it relates to spouses, spousal equivalents, and dependents.

It only matters if you ever get audited. If you don’t ever get audited, they will never know about anything. I’ve been at my firm for 3 years and I hold restricted stocks and use restricted platforms. You think I’m not buying QQQ because it’s on the unrestricted list? Yeah okay.

Deloitte requires you to use a broker that is enabled to provide them with a list of your holdings. You are allowed to have investments, but you must stay away from companies you may have conflicts of interest or privileged information such as your clients. You will be asked to divest if you can’t clear yourself from the restrictions. Deloitte also does not allow the use of robo-advisors.
You are responsible for clearing yourself, your spouse/spouse-equivalent and dependents, not sure what happens if you are estranged from any of them… maybe get an official separation or divorce.

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