Leaving Financial Advising
I have decided after being with EJ for about 8 months that this job just isn't for me. I never thought I'd say that, but I am. I'm wondering about the firm's non-compete agreement, because I can no longer access it, I'm not sure how it is worded. I will not be going back into financial advising in any capacity, I will however be applying for jobs within finance. If I work as a mutual fund analyst, or an investment analyst for a firm like Prudential or Principal, will/can EJ come after me for the 75k training costs? Or, does this apply only to people that use the training for competitive purposes-go into advising again with another company? It's worth noting, I really enjoy EJ, but I'm an analyst, not a salesman. Please only answer if you have at least a decent awareness of how the contract is worded-if your answer is a wild guess please say so. Thank you!
wild guess: A previous employer cannot prevent you from working.
Being an analyst would not be competing with EJ. Changing from salesman from one company to another company and trying to get your old client is competition.
I left EJ after 3 years, over ten years ago. jack1111 is correct a previous employer cannot prevent you from seeing gainful employment. I stayed in the advisor business, they did send me a letter reminding me of a non-compete. As long as you do not send a letter to your EJ clients they have nothing to go after you for. I would still talk to an Attorney that handles employment contracts.