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Restrictive covenants in advisers' employment contracts will continue to be enforced despite Towry’s High Court loss, according to the law firm that represented Raymond James.
Two of the seven Raymond James advisers yesterday cleared of soliciting rival Towry's clients have reiterated claims the company acquired their previous employer, Edward Jones, mainly to "churn" customers into its in-house investment management service.
A judge has branded Towry CEO Andrew Fisher as "unnecessarily argumentative" and criticised his abrasive and confrontational style.
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The two-year legal battle between Towry and seven Raymond James advisers ended yesterday with the judge criticising Towry’s “unreasonable” behaviour during the trial.
Wealth manager Raymond James today won what may prove to be a landmark court case against rival Towry, which had accused seven Raymond James advisers of unlawfully soliciting its clients.
Suffolk Life has confirmed that Skandia Investment Solutions is the latest platform to be added to in-house wrapper SmartSIPP.
This week we look at two firms associated with Raymond James; Yellowtail Financial Planning and Stockdale Asset Management.
Raymond James Investment Services has added its first protected rights and section 32 pension assets to its platform.
Wrap propositions have yet to be configured to cope with proposals for A-day reforms, suggests a new report, as some systems still do not offer fully integrated pensions support.
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