One of the things we hear most from Ed Jones advisors considering a move:
“I fear that if I leave, I will be sued by the firm.”
And while it’s a real concern, it’s a rare occurrence. That is, when done the “right” way and with the guidance of an attorney who specializes in advisor transitions from non-Protocol firms like Ed Jones.
In this special podcast episode, Jason Diamond welcomes one such attorney, David Gehn from Ellenoff Grossman & Schole LLP.
David has moved countless advisors from Ed Jones and other non-Protocol firms, so he speaks from experience, sharing what you need to be aware of when making a move, including:
- What extra steps you need to take to avoid litigation.
- What you should be most concerned about.
- How to position yourself for a “successful” transition with the highest level of portability and the lowest level of risk.
Plus, given David’s expertise with advisors from Ed Jones, he shares first-hand insight on the factors driving movement—particularly timely considering the recent high-profile departure of Ed Jones Top Advisor Jennifer Marcontell.