I recently move from an independent firm to a major wirehouse, shortly thereafter was terminated. i have been in the business for over 10 years and have no complaints or disputes. In the process of moving I help a few clients do trades at my old firm. I did not profit from the trades and did not reallize what i was doing at the time. My new firm asked me about the situation and I told them the truth. They gave me a letter and put me under increase supervision. 2 months later, after moving all my clients over to the firm they terminated me for the same thing they previously gave me a reprimand over. I am obviously in a tough spot trying to find a firm that would even consider me. I would prefer to move to the RIA space or possibly back to the independent BD side. Does any one know of a RIA or BD that would consider someone in this position or offer any suggestions.
Mar 2, 2016 3:22 pm