Financial Advisor Negligence Lawyer in Georgia

Financial advisors are held to various standards, one of which is to act in their clients’ best interests. Negligence on their part, such as making unsuitable investment recommendations or ignoring their risk tolerance, can lead to significant losses. Meyer Wilson Werning represents clients in Georgia who have suffered financial losses due to negligent financial advisors. 

With thousands of clients served, our financial advisor negligence lawyers in Georgia have the experience and resources to help clients pursue recovery. 

Whether through arbitration or litigation, our investment fraud lawyers in Georgia are ready to help. Contact Meyer Wilson Werning for a free consultation today.

Types of Cases Our Georgia Financial Advisor Negligence Lawyers Handle

Financial advisor negligence occurs when advisors fail to meet their professional obligations, resulting in losses for their clients. At Meyer Wilson Werning, our investment fraud lawyers handle cases involving:

• Unsuitable investments: Advisors prove negligent when they recommend investments that do not match a client’s financial goals, risk tolerance, or overall financial situation. These unsuitable recommendations can expose clients to unnecessary financial risks.
• Failure to diversify: Diversification is necessary for sound investment management. Placing a client’s funds in a single asset, sector, or industry shows negligence by unnecessarily increasing risk. 
• Failure to monitor accounts: Advisors have a duty to regularly review and adjust client portfolios. Neglecting this responsibility can result in preventable losses or missed opportunities to protect or grow a client’s investments.
• Failure to disclose risks: Clients rely on advisors to provide full and accurate information about the risks associated with investments. Without clear disclosure, clients may unknowingly take on risks they would not have agreed to.

Crypto Fraud Cases

Crypto fraud and pump-and-dump schemes are fraudulent schemes designed to artificially inflate the price of a security or cryptocurrency before collapsing, and they are becoming more common. Advisors who involve clients in such investments breach their duty of care, often causing substantial financial harm. 

Advisors who promote cryptocurrency investments without proper vetting or disclosure of risks put their clients’ funds in jeopardy, often resulting in losses caused by fraud or misrepresentation.

If a financial advisor or brokerage firm was involved in a pump-and-dump, crypto, or another dishonest scheme, you may feel frustrated and unsure about how to recover your losses. Unfortunately, if no advisor or brokerage firm was involved in your investment, it is unlikely our securities lawyers will be able to assist.

How Our Lawyers Use FINRA Arbitration to Hold Negligent Financial Advisors Accountable

Our lawyers use FINRA arbitration to pursue claims against negligent financial advisors and seek recovery for clients who have suffered financial losses. FINRA arbitration facilitates resolutions to disputes between investors and financial advisors through a structured legal process.

Our Georgia financial advisor negligence attorneys utilize the process for recovery by:

• Filing a claim: We begin the process by filing a detailed statement of claim that outlines how the financial advisor’s negligence caused your losses. This includes presenting evidence of unsuitable investments, failure to disclose risks, or other misconduct.
• Presenting evidence to arbitrators: Our lawyers gather and present evidence to an impartial panel of arbitrators. This evidence often includes account records, communications with the advisor, and documentation of the advisor’s actions or inactions.
• Seeking a decision to recover losses: After presenting the case, the panel reviews the evidence and issues a binding decision. If the decision is in your favor, the advisor or their firm is required to compensate you for your losses.

Our firm has a long history of handling cases through FINRA arbitration and has represented thousands of investors in claims involving financial advisor negligence. We approach the arbitration process with a focus on protecting investors by demonstrating financial advisor negligence. 

Recognizing Signs of Financial Advisor Negligence

Certain circumstances can indicate negligence on the part of a financial advisor, such as:

• Unexplained losses in your portfolio: Losses that are not clearly explained or justified by market conditions or your investment strategy may point to negligence.
• Investments that don’t align with your goals or risk tolerance: Advisors must recommend investments that fit your financial objectives and comfort with risk. When recommendations fall outside these parameters, it may be a sign of negligence.
• Poor communication or lack of transparency: Advisors who fail to answer questions, avoid providing clear explanations, or are not upfront about fees and risks may not be acting in your best interest.
• A lack of proactive account management or updates: Advisors are responsible for regularly monitoring your portfolio and making necessary adjustments. Failing to keep you informed or neglecting your account can lead to preventable losses.

It’s never too soon to reach out to a lawyer if you suspect negligence. Early action can protect your rights and help you recover losses before the situation worsens. 

Why Choose Our Georgia Financial Advisor Negligence Attorneys?

At Meyer Wilson Werning, our team combines decades of experience with a focused approach to holding financial advisors accountable. We deliver results by preparing every case with the attention it deserves and providing clients with the resources and support they need throughout the process.

Clients benefit from hiring our Georgia financial advisor negligence attorneys for the following reasons:

• Case results that prove our dedication to our clients: We have successfully recovered over $350 million for investors harmed by negligence and misconduct.
• Over 75 years of combined experience: Our attorneys have decades of experience handling cases involving financial advisor negligence, investment fraud, and securities violations.
• Resources to take on large firms: With seven attorneys and a skilled legal support team, we have the resources to take on even the largest financial firms and their legal teams.
• Contingency structure: Our firm works on a contingency fee basis, so you don’t pay anything unless we recover compensation for your losses.

Recovering from financial advisor negligence starts with taking action. You can begin by accessing a free initial consultation with us. 

Take Action to Recover Your Losses With Our Georgia Financial Advisor Negligence Lawyers

Meyer Wilson Werning has the experience, resources, and dedication needed to hold negligent financial advisors accountable and help you pursue the recovery you deserve. 

Don’t wait to take the first step. Contact our Georgia financial advisor negligence attorneys today for a free consultation. Let us help you protect your rights and recover your losses.