Skip to main content

Exit WCAG Theme

Switch to Non-ADA Website

Accessibility Options

Select Text Sizes

Select Text Color

Website Accessibility Information Close Options
Close Menu
Carlson Law, P.A. Motto
  • Free Consultation
  • ~

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.

Share This Page:
Facebook Twitter LinkedIn

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Latest Blog Posts

Carlson Law Files Case Against Parque Towers Developers

Carlson Law, P.A., along with co-counsel Barakat Law, P.A., has filed a lawsuit in Miami-Dade County, Florida, for several purchasers of condominium units in the Parque Towers development in Sunny...

Read More

FINRA Bars Corpus Christi Broker Charles Doraine: Puerto Rico Bonds

Former Next Financial Group broker Charles Doraine (CRD# 70411) was recently sanctioned by the Financial Industry Regulatory Authority in connection to allegations of unsuitable trading of mutual funds and Puerto...

Read More

Bryan Benson: Tucson Broker Barred Over Customer Complaint

Former Wells Fargo Clearing Services broker Bryan Benson (CRD# 807506) was recently the subject of a disciplinary action by the Financial Industry Regulatory Authority, which barred him from associating with...

Read More

By submitting this form I acknowledge that form submissions via this website do not create an attorney-client relationship, and any information I send is not protected by attorney-client privilege.

Skip footer and go back to main navigation