You have found a new candidate that appears to be a great fit for your organization and are preparing to make an offer. But what should that offer look like – is an offer letter better or an employment agreement or both?… Read More
Managing Partner Michelle Jacko was featured in a Barron’s Advisor article titled “8 Smart Compensation Practices for Wealth Management Firms,” on January 4, 2022. “People want to have more say in the direction of their career and in the direction of the firm … Read More
Among the most notable workplace trends in recent years has been the growing number of financial advisors seeking to breakaway and transition their careers. To many, the allure of joining a registered investment advisory (RIA) firm or launching a new RIA is the desire for greater independence and increased compensation.
As an entrepreneur and business owner, you work tirelessly developing your business plan, networking, creating a stylized logo and brand and your hard work should be protected. The most valuable business assets of your firm often include its Intellectual Property.… Read More
Running your company or firm probably takes all the time and energy you have- and then some.
That’s why it’s important to have a skilled labor and employment team in your corner.
In recent years, there has been a considerable increase in the number of financial advisors who are looking to break-away and transition to careers with registered investment advisory firms (“RIAs”) or even launching their own RIA seeking more independence, control, growth opportunities, and increased compensation.
Over the past several years, Jacko Law Group, PC (“JLG”) has seen an increase in the number of financial advisors transitioning from one broker-dealer or registered investment advisory firm to another. … Read More
Investment adviser representatives and registered representatives (together, “Advisors”) face numerous issues when making a move to a different financial services company. Even the strongest relationship with an employer can be strained when a departure occurs as the Advisor is generally attempting to transfer client relationships (and corresponding revenue) to the new company. … Read More
Earlier this month, Health Net Inc. agreed to pay a $340,000 penalty for illegally using severance agreements that required employees leaving the company to waive their right to obtain monetary awards from the SEC’s whistleblower program. According to the…
Jacko Law Group, P.C. (“JLG”) wrote a Legal Tip titled Trade Secrets in May, 2013.… Read More