Securities claims often arise when financial advisors or brokers fail to act responsibly, putting your financial security at risk. You may rely heavily on your savings for retirement and have less time to recover from losses, so the impact of such negligence can be especially damaging. An experienced North Dakota securities lawyer will help you.
If you’ve lost $100,000 or more due to a financial advisor’s poor management of your securities portfolio, you may have the right to recover those funds.
Our nationwide securities lawyers help clients fight against brokers and advisors who fail to meet their responsibilities. Unfortunately, if a financial advisor or broker was not involved, we will probably not be able to help.
At Meyer Wilson, we have aided clients in recovering over $350 million from advisors who acted dishonestly or negligently. Our team of experienced securities lawyers works nationwide to protect your financial future and hold the responsible parties accountable. Contact us today for a free consultation.
Our Securities Attorneys Serving North Dakota Offer Strong Support
Our team is made up of experienced attorneys who are backed by a large group of legal support staff. Together, we work hard to give you the strongest possible chance when facing powerful Wall Street firms. Because we have a bigger team and more resources, we can handle large, complicated cases more effectively.
We have the tools, experience, and dedication to dig deep into your case, gather important evidence, and build a strong argument for you. This gives you a real advantage when holding financial professionals accountable and fighting to recover your losses.
Red Flags in Your Securities Portfolio
Trusting a financial advisor or broker is often a key part of feeling secure about your retirement savings. These professionals usually come across as knowledgeable, respectful, and dependable, which makes it difficult to spot when something isn’t right.
Unfortunately, mistakes or wrongful actions can happen quietly and without obvious signs. By the time you realize there’s a problem, significant damage to your securities portfolio may have already been done.
Pressure to Make Quick Decisions
If your advisor rushes you to make quick decisions or encourages you to invest in something you don’t fully understand, they might be putting their own earnings ahead of your financial security. This can be especially risky for older clients who need careful, thoughtful planning.
Unexplained Losses
If you notice your securities are dropping in value and your advisor can’t provide a clear or believable reason why, this might mean your money is being handled poorly. It could also mean that the securities chosen are too risky or don’t fit with what you want to achieve financially.Â
For older investors, this is especially important because losses can have a bigger impact on your retirement plans. Ask questions and make sure your advisor is managing your portfolio carefully and in line with your goals.
Lack of Communication
If your financial advisor suddenly stops answering your calls, gives unclear or confusing answers, or avoids explaining what’s happening with your account, this is a serious warning sign. Trust and honesty depend on open and straightforward communication.
When your advisor won’t keep you informed or is hard to reach, stay cautious. You deserve clear updates about your money and the decisions being made on your behalf, especially as you rely on your securities portfolio for your future.
Frequent or Excessive Trading
If you notice a lot of buying and selling happening in your account, especially trades you never asked for, it could be a sign of churning. Churning is when a financial advisor makes extra trades that aren’t needed simply to earn more commissions for themselves.
This practice can quickly eat away at your savings because each trade can come with fees and increased risks. Churning can be very harmful since it can reduce the money you’ve carefully saved for retirement.
Our North Dakota Securities Lawyers Offer a Wide Range of Services
We work to hold brokers and advisors accountable for their mistakes or wrongdoing and fight to get your money back. Throughout the process, we will explain every step clearly and provide all the information you need so you can make smart decisions about your case with confidence. You won’t face this alone; we will guide you from start to finish.
Evaluate Your Case
Our team will carefully review your financial statements, contracts with your advisor, and any other important papers related to your securities portfolio. Our goal is to fully understand where mistakes or misconduct occurred.
We will check for any breaches of securities laws or industry rules that may have harmed you. By gathering this information, we can build a solid case to stand up for your rights and work toward recovering your losses.
Represent You in FINRA Arbitration
Most disputes involving securities are resolved through arbitration instead of going to court. Arbitration is a private process where an independent panel reviews the case and makes a decision.
We will guide you through filing your claim, which is often done with the Financial Industry Regulatory Authority (FINRA), an organization that oversees many securities disputes. Our team will support you at every stage, from submitting the paperwork to preparing for hearings.
There Are No Upfront Costs
At Meyer Wilson, we handle cases on a contingency fee basis. This means you won’t owe us any money unless we successfully recover funds for you. You can speak with us for the first time at no cost; your initial consultation is completely free.
This way, you can explore your options and get advice without any financial risk. We want to make it easy and worry-free for you to take the first step toward protecting your financial security.
Call a Securities Attorney Serving North Dakota Today
You have worked hard for many years to save your money, trusting a financial advisor to manage your portfolio carefully and protect your future. When that trust is broken because of careless mistakes or dishonest actions, it can lead to significant financial losses and stress.
At Meyer Wilson, we understand how painful this can be. We have over 75 years of combined legal experience helping people rebuild their financial security.
If you believe you have been harmed by your advisor’s actions, don’t wait. Contact us today for a free consultation, and let us review your case.
We’re here to listen, explain your options, and help you take the next important step toward protecting your financial future.