Over-Concentration of Investments Creates Unnecessary Risk
One of the most basic rules of investing is to diversify your portfolio. Putting a large percentage of your money into one stock or one category of investment can put you at serious risk of financial loss if the company or industry fails to perform as expected. It is your financial advisor's responsibility to recommend the right mix of investments to help you reach your goals without exposing you to excessive risk.
If you have suffered a loss to the value of your retirement accounts because your advisor recommended a strategy that over-concentrated your portfolio, you may have grounds for a claim to recover your losses. Speak to an experienced attorney located in Boca Raton, Florida who can help you understand your legal options and give you an honest assessment of your claim wherever you live in the United States.
Representing clients throughout Florida and across the country.
Boca Raton Prudent Investor Rule Attorney
The Law Offices of Robert Wayne Pearce, P.A., represents investors in all types of these cases. Attorney Pearce knows the standard of care that investment advisors and brokers are held to, and he knows the Prudent Investor rule that governs their conduct in making investment recommendations. If negligence or misconduct on the part of your financial professional contributed to your loss, Mr. Pearce will take action to see that he or she is held accountable for the failure to diversify and over-concentration of your investments in in certain securities, industries or products.
Attorney Pearce has been practicing securities law in Florida for more than 30 years, and he has represented clients on both sides of failure to diversify disputes. His extensive experience in these matters allows him to be much more effective in the process of building a compelling case to support your claim. Mr. Pearce has successfully recovered numerous million-dollar settlements and awards for his clients.
Schedule Your Initial Consultation With a Securities and Commodities Law Attorney
Contact The Law Offices of Robert Wayne Pearce, P.A., to discuss your lack of diversification claim. The firm can be reached by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.
