3 ms·
If you have clients that are willing to switch firms to stay with a particular person, is that person not just as much part of the product as the financial inst
by netcraft 12y ago
If you have clients that are willing to switch firms to stay with a particular person, is that person not just as much part of the product as the financial instruments hes selling? If my doctor switches practices, but he knows my medical history, is the doctor not as much part of the service as the medicine itself? Would it be appropriate for a practice to keep that doctor from working as a doctor somewhere else because of competition?
- Smudge 12y agoYou have to balance that with the fact that the doctor has the right to stay employed. If contents of the doctor's brain (including the medical history of his patients) are so critical that the practice would lose customers if the doctor left, then instead of pursuing legal action against the doctor if he leaves, the practice should ensure he is compensated enough that he has little incentive to leave.
- jessaustin 12y agoWell in fact financial planning is in large part a snow-job. (The parts that aren't "invest in index funds", that is.) So the greatest actual skill is customer relations, which is an inherently personal thing. It's not clear that IaaS is equivalent, but maybe that's what Amazon are implying with this lawsuit.