Lift of Louisiana ban on Fees Good for 1st Global
1st Global has enjoyed success in the last several years in recruiting firms to join as affiliates to provide clients financial services of various kinds.
Until the ban was lifted in Louisiana, firms operating in the state were prohibited from entering into financial services transactions in which fees and commissions were part of the agreement.
Already, six firms from the state have joined 1st Global, representing $15.7 million in accounting revenue. The firms include Bergeron & Lanaux; Broussard, Poche, Lewis, & Breaux; Clark and Company; Darnall, Sikes, & Frederick; Inzerella Feldman & Co; and The Gautreau Group.