Part-time consulting and non-compete
I’m looking to hire someone in the alternatives space as a part-time consultant or advisor. Ideally looking for someone who is actively working In the industry but realize that non-competes and outside business clauses will add complications to hiring, especially as my company is in financial services, broadly speaking.
Does your firm allow you to conduct outside business? If so, is it a huge compliance headache?
Goal is to gauge sentiment to know what I can potentially expect. Talked to one guy and he said that compliance would need to essentially conduct full due diligence - think light banking process - on my company before they let him work with my firm.
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