Tr?id=566623520170033&ev=PageView&noscript=1

J.P. Morgan Seeks TRO Over Departing Advisor

Posted on January 17th, 2022 at 1:09 PM
J.P. Morgan Seeks TRO Over Departing Advisor

From the Desk of Jim Eccleston at Eccleston Law:

J.P. Morgan Chase’s brokerage business has requested that a Louisville, Kentucky, federal court issue a temporary restraining order (TRO) barring one of its former advisors from soliciting its clients. 

J.P. Morgan Securities alleges that Timothy Logsdon brought $17 million in client assets to his new firm, BLVD Private Wealth Management, which violates his employment agreements. According to J.P. Morgan, Logsdon joined BLVD in November 2021 and previously had managed $153 million for at least 289 clients. 

BLVD’s website lists Chris Brady as its founder and Ashley Baumgardner as its office manager, both of which previously worked for J.P. Morgan. Logsdon allegedly informed clients that he would provide “more investment options” and “lower fees” at BLVD. Further, Logsdon alleged stated that J.P. Morgan advisors who had been assigned their accounts “already have too many accounts to service” and “are only concerned with growing their business”, according to the complaint. 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

Tags: eccleston, eccleston law, jp morgan, tro

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

 


It was really fun seeing you fight for us. You have an amazing way of thinking out of the box.


 

Beth M.

LATEST NEWS AND ARTICLES

1776438642 Law
April 17, 2026
Florida Advisor Sentenced to 90 Months for Foreign Currency Ponzi Scheme and Tax Evasion

A federal court sentenced John A.

1776353258 Law
April 16, 2026
Former Financial Advisor Pleads Guilty to $10 Million Fraud Scheme Targeting Elderly Client

A former financial advisor has pleaded guilty to wire fraud after orchestrating a scheme that stole nearly $10 million from an elderly client, according to reporting by Financial Advisor News.

1776286541 Law
April 15, 2026
Court Issues Split Ruling in Edelman Advisor Dispute

A federal court in Delaware has delivered a mixed decision in a dispute between Edelman Financial Engines and Prime Capital Financial, underscoring the legal limits of restrictive covenants in the advisory space.