David Abell

Jun 2, 20243 min read

David Abell Weighs in on FTC's Non-Compete Ban

https://www.wealthmanagement.com/regulation-compliance/ftc-non-compete-ban-could-impact-wirehouses-and-banks-more-rias The Federal Trade...

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David Abell

May 23, 20233 min read

Enforceability of Non-Compete Provisions in the Financial Services Industry: Fiduciary Duty Impact

Introduction Non-compete provisions are common in the financial services industry, often included in employment agreements to protect a...

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David Abell

May 19, 20235 min read

SEC Warns Brokers and Investment Advisers: Record-Keeping Rule Enforcement and Compliance

SEC Warns Brokers and Investment Advisers: Record-Keeping Rule Enforcement Targets Compliance of Intermediate and Smaller Firms In recent...

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David Abell

May 15, 20233 min read

Avoiding Pitfalls in Transition: Lessons for Brokers from a Recent JPMorgan-Morgan Stanley TRO

In the world of financial services, the transition from one firm to another can often lead to complex legal situations, especially when...

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Safeguarding Client Privacy During a Broker's Departure: Thoughts on Regulation S-P

David Abell

May 11, 20233 min read

Safeguarding Client Privacy During a Broker's Departure: Thoughts on Regulation S-P

Strategies and best practices for protecting client privacy and adhering to Regulation S-P during a transition between firms.

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For Brokers and Advisors: Overcoming FINRA Rule 4111 Restricted Firm Status

David Abell

May 3, 20233 min read

For Brokers and Advisors: Overcoming FINRA Rule 4111 Restricted Firm Status

Navigating FINRA Rule 4111: How Brokers and Advisors Can Overcome the "Restricted Firm" Designation and Thrive Independently Beginning in...

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Hybrid Transitions: More Complex Advisor and Broker Breakaways

David Abell

Apr 27, 20233 min read

Hybrid Transitions: More Complex Advisor and Broker Breakaways

Abell Law specializes in representing financial professionals transitioning between firms - Hybrid Broker Protocol moves can be challenging.

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Broker/Advisor Breakaway: Legal To-Do List

David Abell

Apr 26, 20234 min read

Broker/Advisor Breakaway: Legal To-Do List

Legal considerations when transitioning to independence as an investment advisor or broker

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Wealthy Clients Drive Advisors Towards Firms with Robust Technology and Research Capabilities

David Abell

Apr 26, 20232 min read

Wealthy Clients Drive Advisors Towards Firms with Robust Technology and Research Capabilities

Abell Law helps financial advisors with wealthy clients transition to firms offering robust technology, research and cybersecurity

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David Abell

Apr 25, 20232 min read

Raymond James Commits - “We Won’t Compete with You”

Raymond James has decided not to pursue a direct-to-consumer business model and will instead focus on supporting its advisors through...

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David Abell

Apr 24, 20232 min read

Merrill Lynch Wins $1.5M Clawback from Former Advisor (Financial Advisor IQ)

This FAIQ article reports that a former Merrill Lynch advisor, Howard Rowen, has been ordered to repay over $1.5 million in promissory...

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David Abell

Apr 24, 20231 min read

JPMorgan Seeks TRO Against Advisor Who Fled to Morgan Stanley (Financial Advisor IQ)

This recent FAIQ article discusses a legal dispute between JPMorgan and a former employee, James Vallery, who joined Morgan Stanley after...

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David Abell

Apr 20, 20233 min read

Understanding the Broker Protocol: Key Considerations for Financial Advisors Switching Firms

Understanding the Broker Protocol: Key Considerations for Financial Advisors and Brokers Switching Firms Introduction: At Abell Law, we...

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David Abell

Apr 19, 20232 min read

Navigating Broker/Advisor Transitions: The Importance of Expert Legal Guidance

Transition Strategies and Support for Financial Professionals Taking the leap to change your professional path requires careful planning...

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David Abell

Apr 13, 20233 min read

THOUGHTS FOR BREAKAWAY ADVISERS AND BROKERS

THOUGHTS FOR BREAKAWAY ADVISERS AND BROKERS By David Abell, Esq. Abell Law, Ltd. Co. When a broker or adviser decides to go independent,...

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David Abell

Jan 21, 20201 min read

Wirehouse to RIA in a $0 commission world, January 22, 4:15 p.m. ET

https://www.tdainstitutional.com/insights/zero-acquisition-webcasts-landing-page/wirehouse-to-ria-in-a-0-commission-world.html If you're...

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David Abell

Nov 19, 20191 min read

Morgan Stanley Hikes Revenue Thresholds in Comp Grid Change

Morgan Stanley increased revenue thresholds by about 10% for the upcoming year, according to a report in Financial Advisor IQ (citing to...

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David Abell

Nov 18, 20191 min read

Morgan Stanley Obtains TRO Against Breakaway Long Island Advisor

Morgan Stanley shuts down Long Island advisor group. The parties stipulated to a temporary restraining order until resolution by a FINRA...

69 views0 comments

David Abell

Nov 18, 20191 min read

Edward Jones Wins TRO Against Broker Who Joined Ameriprise

Edward Jones granted injunction prohibiting Nevada broker from contacting former clients. TRO triggered by broker allegedly contacting...

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David Abell

Nov 18, 20191 min read

JP Morgan Seeks TRO Against Florida Broker Who Joined UBS

Aggressive solicitation of only 8 clients and $14m in assets lands JPMorgan breakaway in TRO hot water. JPMorgan appears to have been...

17 views0 comments

Welcome to the Abell Law blog. Here you will find articles of interest and legal commentary for Financial Advisors, RIA's, breakaway brokers, brokers transitioning to new firms, and others interested in the complexities of both protocol and non-protocol transitions.

Breaking Away or Terminated? Call Us Now!

David Abell Weighs in on FTC's Non-Compete Ban

Enforceability of Non-Compete Provisions in the Financial Services Industry: Fiduciary Duty Impact

SEC Warns Brokers and Investment Advisers: Record-Keeping Rule Enforcement and Compliance

Avoiding Pitfalls in Transition: Lessons for Brokers from a Recent JPMorgan-Morgan Stanley TRO

Safeguarding Client Privacy During a Broker's Departure: Thoughts on Regulation S-P

For Brokers and Advisors: Overcoming FINRA Rule 4111 Restricted Firm Status

Hybrid Transitions: More Complex Advisor and Broker Breakaways

Broker/Advisor Breakaway: Legal To-Do List

Wealthy Clients Drive Advisors Towards Firms with Robust Technology and Research Capabilities

Raymond James Commits - “We Won’t Compete with You”

Merrill Lynch Wins $1.5M Clawback from Former Advisor (Financial Advisor IQ)

JPMorgan Seeks TRO Against Advisor Who Fled to Morgan Stanley (Financial Advisor IQ)

Understanding the Broker Protocol: Key Considerations for Financial Advisors Switching Firms

Navigating Broker/Advisor Transitions: The Importance of Expert Legal Guidance

THOUGHTS FOR BREAKAWAY ADVISERS AND BROKERS

Wirehouse to RIA in a $0 commission world, January 22, 4:15 p.m. ET

Morgan Stanley Hikes Revenue Thresholds in Comp Grid Change

Morgan Stanley Obtains TRO Against Breakaway Long Island Advisor

Edward Jones Wins TRO Against Broker Who Joined Ameriprise

JP Morgan Seeks TRO Against Florida Broker Who Joined UBS

Welcome to the Abell Law blog. Here you will find articles of interest and legal commentary for Financial Advisors, RIA's, breakaway brokers, brokers transitioning to new firms, and others interested in the complexities of both protocol and non-protocol transitions.