Close Menu
Free Consultation: 888-976-6111
Home > Case Types > Advisor Negligence

Advisor Negligence

Financial advisors and investment advisors owe a “duty of care” to their clients. This means that they must be reasonably careful when dealing with clients. Financial advisor negligence occurs when an advisor breaches this duty by doing (or not doing) something that a reasonably prudent financial advisor would do under similar circumstances.

Negligence can occur when an advisor recommends unsuitable investments or fails to diversify a portfolio. It can also occur when a financial advisor or brokerage firm fails to conduct adequate due diligence on an investment it recommends. Failure to perform ongoing monitoring of investments recommended to clients would also be considered negligence. In addition, a brokerage firm’s failure to supervise its financial advisors is also negligent behavior.

Under the law, when an investor suffers harm due to a financial advisor or brokerage firm’s negligence, the advisor can be held liable and the investor is entitled to recovery.

Please contact us for a free and confidential case evaluation if you believe that you are a victim of advisor negligence.

Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Kit Kessler: FINRA Investigates American Trust Advisor

    San Clemente, California financial advisor Kit Kessler (CRD# 4543640) is under investigation for allegedly participating in an unapproved outside business...

    Read More
  • Valence Williams: FINRA Suspends Ex-JH Darbie Advisor

    Former New York City financial advisor Valence Williams (CRD# 1389729) was recently suspended in connection with allegations of unauthorized trading....

    Read More
  • Justin Ranger: Ameriprise Fires New Orleans Advisor

    Metairie, Louisiana financial advisor Justin Ranger (CRD# 5229729) was recently fired by his former member firm in connection with alleged...

    Read More
  • Karl Fisher: Equitable Advisor Faces Alternative Investment Complaint

    Boulder, Colorado financial advisor Karl Fisher (CRD# 2687222) recently received an investor complaint alleging that he recommended unsuitable alternative investments....

    Read More
  • Previous
  • Next