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The Weekend Client Raid That Blew Up: How a Brokerage Battle Went Public

  • Adviser hired by Oppenheimer ends up jobless after client grab
  • A flash drive, FedEx envelopes and a three-day `head start'

The weekend client raid is an open secret. A financial adviser quits late on a Friday and spends the next couple of days helping his new employer solicit his old customers. There’s even a broker pact that suggests it is all a refined gentleman’s game.

Until things fall apart.