In UBS's dispute with an $8 billion team that split off to form an RIA, a warning can be found for other advisors planning a career change: Be careful of what you put into writing.
A federal judge handed the breakaway brokers a victory last week in their fight with their former employer, but his ruling hinged on the fine print of the Broker Protocol and an intense scrutiny of the advisors’ communications, right down to a team member's text messages to UBS clients.
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