However I cannot see that if you were living away from home your father's company could have any legal influence on yourself.
As I understnd it a spouse would be treated as a connected party although not an adult offspring.
I would go along with it, appreciating that the permission will always be granted unless there is some conflict of interest which would be understandable.
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Actually you DO NOT legally need permission from your father to trade securities HOWEVER, your father is bound by the rules and regulations of his firm and must report all open accounts that a family member has and if required must report all transactions done by members of his family, if he fails to do so or does not report honbestly he can be immediately terminated with cause and such termination will be reported to regulatory agencies and become part of his emaployment record which means he can no longer be employed by a reputable firm
Although you may not de directly involved, your father most certainly is and there is no way he can get out of it.
No sure what you mean by "extra privileges" since this is totally illegal.
One of my children is an officer with a major finfancial institiution so I understand the rules that I had to follow for the past fifteen years since I too was an officer with a financial institution.
If you'r going to play in the game, at least have the common decency to play by the rules, if not get out of the industry
Your father's agreement is not binding on you, unless you signed it also, as an adult. However, your father could be fired for cause, and given how closely financial firms are watched nowadays, a company would probably rather err on the side of caution and dismiss him.
If you live independently from your father, possibly he can get a waiver from his company and disclaim any interest in your activities.
This is part of the Code of Ethics of your father's firm. You jeopardize his job if you try to evade the Compliance rules.
Two of the firms you list (Schwab, Fidelity) are among the best in the business. If you are seeking to do something they do not allow, these "extra privileges" are almost certainly a truly stupid idea.
Even though I am legally an adult, I still need permission from my father to trade because my father works at a financial institutions that requires all of his immediate family members to report their trading activity(compliance department)
I am even limited to 8 designated brokerages that I can use.(etrade, td america, fidelity, schwab etc)
My question is, is there any way I can get out of this? The main issue with this is that I want to use a brokerage(because this brokerage gives me extra privileges) that is not a designated brokers allowed by the company.
