Wanted to ask here before I took any action to get some thoughts. I recently got staffed on a pitch for a company that my dad is a franchisee for (he doesn't work for them directly, but he owns/operates several stores as his own company). Is this something that I have to disclose to my firm? If so, do I tell compliance first or my direct manger? For more context, we don't have the deal yet, but will be pitching in the near future.
| +222 | A Guide to HK Investment Banking - 10 Most Frequently Asked Questions (2024) | 68 | 3h | |
| +64 | What were traits of your favorite summer analysts? | 26 | 12h | |
| +58 | Wharton or Dartmouth/off the waitlist | 76 | 4h | |
| +52 | Best associate opp — GS or CVP? | 12 | 2h | |
| +47 | Internship 101 | 6 | 2d | |
| +45 | GS should remain the top choice for all undergrads interested in finance | 20 | 1d | |
| +42 | Should I move back into IBD for salary? | 23 | 11h | |
| +39 | Why does everyone shit on Houston/Dallas-What’s so special about NYC(genuinely curious). | 23 | 38m | |
| +37 | EB Return Offer Rates | 30 | 2d | |
| +36 | MS & GS vs JPM | 23 | 21h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
My uncle is a franchisee for a brand/company/franchisor I worked with during my stint in IB.
In my case it was indeed a conflict of interest. A conflict of interest may come up if an individuals personal interests may collide with your business interests towards your client, employer, or a third party.
Here, your relationship to your family member may be able to influence your ability to make sound judgements towards your client. Or if said plans of the franchisor may have a detrimental effect on i.e. franchisees, partner firms or investors - you may be in a situation where your family member could have severe disadvantages if you wouldn't tell him about these upcoming changes.
I am not saying you will do any of these things, but an impartial view is more difficult if direct relatives are involved.
To be on the safe side, I would have a chat with your own compliance team before agreeing on next steps.
Commodi velit et consequatur consequuntur earum ipsam voluptate quo. Eum ut nemo pariatur et qui consectetur. Iure maxime numquam sint est. Animi laudantium in molestiae totam harum laboriosam. Et ipsa non ut laborum. Doloremque dolores fugiat voluptatem.
Non est atque delectus repellendus quam voluptas. Vel reprehenderit earum inventore et adipisci. Sint eos iusto inventore quis id at. Omnis aut numquam et expedita minus minus.
Voluptates aut laboriosam provident sed neque vero et dolorem. Nemo minus atque ad exercitationem. Quaerat saepe beatae qui cum. Assumenda velit aperiam aut culpa quia eius. Est enim dolores aliquid deleniti voluptatem nulla ea inventore. Laborum omnis doloremque blanditiis sunt veritatis. Eos voluptate sit dolorem earum ratione.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...