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Can you be both an estate attorney and a financial advisor?
| Curious bat shit crazy menage | 02/19/18 |
| Lime Racy Principal's Office Puppy | 02/19/18 |
| Curious bat shit crazy menage | 02/19/18 |
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Date: February 19th, 2018 10:49 PM Author: Curious bat shit crazy menage Seems like there's natural synergies - are there ethical rules preventing this? (http://www.autoadmit.com/thread.php?thread_id=3898085&forum_id=2#35441760) |
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Date: February 19th, 2018 11:02 PM Author: Lime Racy Principal's Office Puppy https://www.americanbar.org/content/dam/aba/publishing/rpte_ereport/2012/6_december/te_adkisson.authcheckdam.pdf (http://www.autoadmit.com/thread.php?thread_id=3898085&forum_id=2#35441856) |
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Date: February 19th, 2018 11:33 PM Author: Curious bat shit crazy menage Thanks!
The bottom line is that an attorney probably can sell financial and insurance products and services, and probably can participate in certain "practice groups" arrangements -- but this landscape is chock-full of ethical mines known and unknown that threaten to blow up the Attorney's career. With a few exceptions, the Attorney's most useful tool in avoiding these mines will be the trifecta of (1) written disclosure of potential conflicts, (2) advice to seek independent counsel, and (3) written waiver by the Client. Easily said; but some Attorneys may find it unpalatable to disclose their side-commissions to their clientele
Interesting, seems like you could have a flat-fee arrangement for financial advice, along with the above disclosures, and be above board for the most part. |