NEW TREND IN STOCK BROKER NON-COMPETES – DON’T HAVE ONE!

I love reading about small brokerage houses doing things differently – like inviting employees to join the firm but keep their book of business if and when they leave.

Wall Street Journal today features one such company – Huntington Investment Co. Read all about and lets hope this trend continues: http://online.wsj.com/article/BT-CO-20100310-708798.html?mod=WSJ_latestheadlines

Will brokers flock to a house where clients are the broker’s and not the firms? What about taking less pay but not having a non-compete.

I think its a trend bound to catch on.

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Lauren Ellerman

In 2011, Lauren Ellerman was named "Young Lawyer of the Year" by the Roanoke Bar Association for her work in the community. To speak with Lauren about your personal injury case, contact her at lellerman@frithlawfirm.com.