Toll Free: 866-720-3754
Phone: 914-636-2648
Fax: 914-636-2528
Email: dstone@dougstonelaw.com

30 Church Street, Suite 2A
New Rochelle, New York 10801
Mr. Stone represents securities and immigration clients nationally and employment and family law clients in New York, including New Rochelle, White Plains, Larchmont, Scarsdale, Bronxville, Pelham, Mount Vernon, Harrison, Purchase, the Bronx, Manhattan, Queens, Brooklyn, and Connecticut.
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Stockbroker Employment in a Shrinking Market

Westchester, White Plains and NYC Securities Dispute Lawyer

The employment market for stockbrokers changed dramatically in the past year.  Bank of America bought Merrill Lynch.  Morgan Stanley bought Smith Barney.  Wells Fargo bought Wachovia which bought A.G. Edwards.  JP Morgan bought Bear Stearns and Lehman Brothers is in bankruptcy.  These drastic changes have forced financial advisors to consider whether they should stay at a merged firm, in a radically different work environment, or investigate opportunities elsewhere.  If you are a broker, you may be unhappy with a new manager or find that products and services offered by your new firm don’t suit your business.

While many brokers have decided to stay after the sale of their firm, many have left and many will leave.  Brokers are evaluating retention offers and weighing these against what they may find at other firms.  The broker who considers leaving must try to realistically predict how much of his book he can bring with him.
In this environment, registered representatives who are considering changing firms are well-advised to hire a lawyer who understands the securities industry.  An experienced securities lawyer can provide valuable advice regarding obligations under current employment contracts and provide effective and independent counsel to negotiate agreements with prospective employers.  The broker who tries to change firms without investing in legal advice may put his career in jeopardy.

Whether you need pre-conflict advice or assistance with a dispute, attorney Douglas Stone has the wisdom and securities industry knowledge necessary to provide sound legal advice. When it comes to employment law, the Law Office of Douglas Stone represents employers as well as employees.  Mr. Stone strengthens clients’ cases by anticipating their opponent's tactics and strategizing to counter their claims. If you are in New Rochelle or its surrounding areas, including the Bronx, Brooklyn, Manhattan, Queens, Rockland County, Long Island, Westchester, and Fairfield County call attorney Douglas Stone at 866-720-3754 to arrange a free consultation.


Attorney Douglas Stone has successfully handled securities litigation, securities fraud, broker fraud, immigration, naturalization, visas, green card, employment and divorce cases in New Rochelle, Westchester, White Plains, Yonkers, Bronx, Brooklyn, Manhattan, Queens, Rockland County, Long Island and Fairfield County.
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