The Barton LLP Financial Services group leads the way successfully representing registered representative and advisor transitions. Led by James E. Heavey, Operations Partner, the team has assisted in approximately 275 advisor transitions in the last 10 years, ensuring compliance with industry rules and the advisor’s employment agreements.
In that time, the team has been involved in dozens of advisor transitions from Edward Jones and has successfully defended against frivolous litigation that Edward Jones has filed against former advisors. In the last four years alone, Barton’s litigation efforts garnered notable public decisions in both federal and state court in favor of the former Edward Jones advisors or their new broker dealer employer.
In one of the most recent public FINRA decisions, Edward Jones v. Peterson, the company was ordered to pay damages and all attorney’s fees to the former advisor and his new broker dealer. (See Edward Jones v. Peterson below.) In that decision, the FINRA panel relied, in part, on Barton’s prior success in defending a temporary restraining order in the Southern District of Indiana, where the Chief Presiding Judge of its federal court excoriated Edward Jones’ actions in denying its application, stating “…these glaring insufficiencies in Edward Jones’s request for injunctive relief suggest that its intention in bringing this lawsuit was less about vindicating or recovering from or preventing its loss of client relationships…and more to ‘teach him a lesson’ for having left,” Judge Barker wrote. (See Edward Jones v. Kerr below).
Let the experience and success that Barton has achieved for these clients give you the confidence and peace of mind that you too can escape Edward Jones with your practice intact. The following are some of the recent representations of Edward Jones advisors and notable public victories that Barton has achieved for its transitioning Edward Jones advisor clients:
*DISCLAIMER: PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME*