Noncompete agreements

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Jul 23, 2006 3:42 pm

what would one look for in a non-compete agreement that would deter one from accepting a position with a firm?

Jul 23, 2006 9:16 pm
bjack73:

what would one look for in a non-compete agreement that would deter one from accepting a position with a firm?


From what I gather from these boards (and personal knowledge regarding some of their brokers), look for the words, "Edward Jones".

Jul 23, 2006 10:01 pm

Look in the legal section of this forum and search the archives of Bill Singer's website.  Obviously, less restrictive is better.  A non-solicit clause is easier to work with than a non-compete.  Non-solicits seek to prevent you from asking clients to move with you to another firm.  Non-competes attempt to keep you out of the business, usually in a specific geography for a specific period of time.