Non-solicitation clauses have been replaced by non-dealing clauses, which legal experts expect the courts to uphold. As one lawyer argues clients risk losing out, PA looks at the latest evolution in who owns the client
Non-dealing clauses effectively lock in a firm's clients for a specified period of time - usually six or 12 months - during which the client can't leave, even if their adviser does. This is different...
Our weekly heads-up for advisers
Former Neptune manager
27,000 transfers looked at
Consider risk capacity