Spoke w partners at my firm about expanding branches over the next 5-10 yrs. Part of the focus will be to buy books but also bringing new advisors. Would you make the adivsor sign a noncompete?

likefunny
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Nope because I would never join a firm that asked me to, so why would I ask someone else to?

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Do u like to sign a non compete?

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If the firm is providing/sourcing most of the clients, or buying advisor’s book, there should be non-compete. If advisor expected to bring in all of their own clients and/or bring over a book of business, then no non-compete on this clients. This is very generic and every situation is unique.

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Is this a joke?

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