Call Now For a Free Consultation:
(614) 502-6165

What to Look for in Account Statements

Consult with Our Legal Team
There is never a cost associated with a consultation
Common Questions
For The Advocacy You Deserve Contact Us Today!
We’ll respond and let you know the best way to proceed with your case.

Account Statements & Red Flags

I put my money into an investment, but I get the feeling something fishy is going on. What am I actually looking for on my account statements if I suspect investment misconduct or fraud?


When you start looking into the best ways to protect against investment fraud and stockbroker misconduct, one of the first things anyone will tell you is to always carefully review your brokerage account statements when they come in the mail. In fact, FINRA recently released an Investor Alert specifically urging investors to take the time to review their account statements.

Do You Know What to Look for on Your Account Statement?

Although it seems like common sense to look at your account statements, it can be difficult to know what you should be looking for each month. As you go over account statements, look for:

  • Unknown or excessively high fees
  • Unusually positive performance
  • Any unauthorized or inaccurate account activity
  • Missing statement period dates or irregular statement periods
  • Assets that do not match your risk tolerance
  • Records of income that has not been deposited

You should also review your account statement to be sure your name, address, and account number are correct and up to date. Also watch out for statements that appear to be altered.

Get in Touch with a Skilled Investor Claims Attorneys

If you see something that doesn’t look right, make sure you follow up on it and ask questions. Fraudsters depend on investors not paying careful attention to their statements or assuming that any discrepancies will be taken care of automatically by the firm. Researching investments before you hand over your money is important, but it’s just as important to continue to monitor your account activity closely. If you have been the victim of a Ponzi scheme or other investment fraud, contact an experienced securities attorney today for a free and confidential consultation.

Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
crosschevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram