How to avoid a TRO
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I have just started thinking about changing my b/d. I may go independent.
What can you do to let your clients know where you are, without getting hit with a TRO?
I have been with my present firm for a long time and do not believe I have anything to worry about in the are of a non-compete clause.
I have been told it's ok to call your clients AFTER you have made the change. Just make sure you do not mail or e-mail anything to them.
Someone else said you can not even call them. They have to find you.
Which is right?
First of all, how long you been with them? What state is it? Whats your production like? Scan your contract into your computer, blot out your name if you like and email it to me at [email protected] . I'm no lawyer but I'll tell you what I think.
Thanks for the offer. I have been with them more than 10 yrs. I am in a right to work state. Let's just say my production is well over 500k and leave it at that. I don't remember signing a contract. Guess when I tell them I am leaving and they start telling me what not to do, that would be a good time to ask for a faxed copy of my contract.
I do appreciate the broker forum. It's a great resource.
And I guess it's also a form of therapy for some frustrated ex-jones guys. I would suggest they take a cue from The Eagles song Get Over It!
Several Advisors left my Branch to go to another firm. They quit on a Friday at 3:30. I was calling their clients that same night and the big ones either knew in advance, or they had been contacted an hour before I got to them. Also, each one of them recieved pre-filled ACATS in the mail on Saturday. With a letter and a "sign here" sticker.
It was a nice try.
What benefits if any does working in a right to work state have with regards to a non-compete clause in an B/D employment contract?