Sat, 2012-12-01 02:51
I recently just left Jones after 6 months for a number of reasons. I know in the contract there was a three year non compete as well as a 75k fine if you use your licenses elsewhere. Just wondering if anyone has actually had any experience with leaving and dealing with these issues. I would like to be able to use my licenses elsewhere mainly to become employable without worrying about Jones coming after me. I dont need to get sued for 75k that I dont have as well as be employable somewhere else within the industry being able to use my licenses.
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They said you cant use your 7 or 66 at another firm?? I understand the non compete, but how can they take your licenses away?? We had a Jones Advisor come to our office a few years ago and there was no issue with her licenses coming over, but a few of her Jones clients came over to and jones threatened to sue her so she left.