Repayment of Training Costs
I have did a search for this and could not find an answer that fits my situation. As stated in another post I have decided to leave my wirehouse and get back into insurace through an independent insurance company. I have been in production for a few months. My contract states that they will only go after training costs if I go to a competitor. I know if I went to another B/D they would want repayment, but would they consider this route a competitor and have me repay these costs? I will also not be attempting to take any of the firms clients, I just want a clean break because I have found that insurance suits me better than a wire.
I will keep my 6, 63, and possibly 65. I had these licenses before. I would like to keep the 7 just in case one day down the road I may need it and it took a lot of effort to obtain, but do not see using it anytime soon.