Whether a financial advisor is employed by a private equity fund, bank, insurance company, hedge fund, brokerage firm or other associated financial services- there can be several challenges and regulatory demands that are unique to the work and industry. Hence, a good practice is to count on legal services for financial advisors so as to remain in compliance or to acquire in-depth understanding about the evolving laws

When To Consider Employment Lawyer For Financial Advisor?

Due to the nature of work, advisors often have to deal with employment issues. Such matters tend to impact future opportunities, compensation and most importantly the professional reputation across the industry. This is the reason why such matters should be handled competently using the services of employment attorney financial advisor who specializes in:

  • Employment Disputes: In the event, when a dispute occurs between financial advisor or other employees associated with securities then the case should be managed strictly in accordance to the guidelines stipulated by Financial Industry Regulatory Authority (FINRA). With an experienced lawyer by your side, you can ensure that the case is resolved in an efficient manner.


  • Investigations and Enforcement Action: Since the financial industry is a highly scrutinized and regulated arena, the professionals must abide by the Securities and Exchange Commission (SEC), FINRA, federal, state and local enforcement entities. Here, the expertise of financial advisor attorney in securities arbitration can turn out to be of immense help, allowing you to confront even the most daunting investigation prospects in an effortless way.


  • Promissory Note Collection Defense: From negotiation to defending against the collection action that are filed by enforcement entities, a reliable lawyer evaluates defenses and counterclaims for future earnings, damages and lost part of the financial advisor.

Does Every Securities Attorney Specialize in Employment Matters?

The legal aspect of securities includes innumerable aspects like regulatory matters, strategic consultation and counseling, broker arbitration and litigation, whistleblower action and so on. Therefore, it is crucial to hire a lawyer who holds a reputation of representing financial advisors in employment matters. This itself would be a reflection of the quality of services that you can expect from them. Apart from the experience, do focus on:

  • The type of employment matters that they have resolved before
  • The average success rate that they have accomplished so far
  • The reviews that have been provided by their previous clients

At the end of the day, handling legal disputes in financial industry is not easy and this can be managed properly with the support and guidance of qualified lawyers representing financial advisors.

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