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
Latest Blog Posts
  • Jose Cornide of UBS Complaints Regarding Options Overlay Strategy

    Pending complaints against UBS Financial Services broker and investment advisor Jose Cornide (CRD# 2785918) allege the Coral Gables, Florida-based representative...

    Read More
  • NFL Agent & 7X Pro Bowl Client Lost $1.2 Million Investing With Fraudster

    NFL agent Vincent (Vince) Taylor of Elite Loyalty Sports and his client, who appears to be 7x Pro Bowl Washington...

    Read More
  • Dennis Mehringer: FINRA Bars Pasadena Financial Advisor

    A disciplinary action taken by the Financial Industry Regulatory Authority against former Pasadena, California broker and investment advisor Dennis Mehringer...

    Read More
  • Mariondy Fernandez: Complaints Against Dorchester Financial Advisor

    Settled and pending investor complaints against former Dorchester, Massachusetts broker Mariondy Fernandez (CRD#: 2391134) allege conduct including fraud, breach of...

    Read More
  • Previous
  • Next