In 2023, RIAs reported 531,400 employees with advisory functions, up 59% from 335,000 in 2009, according to the SEC.“I’m seeing very sad cases of advisors getting sued or trapped at firms ...

It is no secret that arbitration agreements and class action waivers have, over time, become increasingly standard in countless areas of business—especially in the employment context. In 2019 ...

The employment agreements also included restrictions on contacting firm clients, working with other former firm attorneys and hiring firm employees. This content has been archived.