You’ve worked hard and made many sacrifices to build a successful advisory business. But arguably, your greatest asset is your reputation. Any negative disclosures on your public records (BrokerCheck, the CRD, the IARD, or the IAPD) can greatly damage your reputation and affect your ability to attract new clients, change BDs and firms, and sell your advisory business. Because disclosures …
Clear Your Record: U5 Termination Expungement Week at AdvisorLaw
AdvisorLaw is gearing up for U5 Termination Expungement Week, a week-long initiative dedicated to helping advisors facing unfair U5 terminations. We understand the significant impact these inaccurate markings can have on an advisor’s reputation and their ability to find new opportunities.
The Weaponization Of U5 Terminations — A Visual Explanation
In June 2016, AdvisorLaw saw a glaring opportunity in the financial sector. Although the industry was rife with intelligent, hardworking, and well-intentioned folks, there were many hurdles for those working to build a career in this hyper-regulated industry. In this field, built for (and around) money, seemingly any misstep — no matter how innocuous — begot a severe regulatory consequence. Oftentimes, the punishment of which was great enough to obliterate a career entirely.
Washington Advisor Wins U5 Termination Disclosure Expungement
More than 25 years into his career in the industry, an advisor from Washington state decided that he wanted to take his chance at clearing his record of the single disclosure that had been tainting it since 2003. So he hired AdvisorLaw to bring him through FINRA’s Dispute Resolution forum.
Massachusetts Advisor Clears Record Of U5 Termination
Just five years into his career as a financial services professional, this advisor was terminated and hit with a disclosure alleging a violation of the firm’s expense policy. Wanting the benefits of a perfect record as he continues to build his book of business, this advisor hired AdvisorLaw to bring him through the FINRA Dispute Resolution process.
AdvisorLaw Thwarts U5 Weaponization for Successful Move
AdvisorLaw is pleased to announce a time-sensitive transition of a $650K-producing client of ours, to a national firm. After nearly two decades of experience in the industry, this advisor sensed that he was going to be terminated by his firm. The advisor began searching for a new firm under the radar, but it became apparent that management had found out …