When you hire a financial advisor to help invest your money, they have an obligation to ensure your money is invested in a manner that meets your wants and needs. If you suffered financial losses over $100,000 because of unsuitable investments made by your financial advisor, an experienced unsuitability claims attorney can help you recover compensation.
At Meyer Wilson, we have over 75 years of combined experience helping people recover money lost due to unsuitable investments made by advisors. Our award-winning team of investment fraud lawyers will work tirelessly to ensure you recover the money you need and deserve. Reach out to us today to schedule your free initial consultation.
Working With an Unsuitability Claims Lawyer
If your investment advisor mishandled your money and you suffered significant losses, you may be entitled to compensation. In the United States, the Financial Industry Regulatory Authority (FINRA) enforces regulations upon advisors and brokerage firms, including the responsibility to ensure that all investments made on behalf of a client are made with the client’s best interests in mind.
If a financial advisor makes investment decisions with your money that are too aggressive or too low-risk, depending on your unique situation and desires, they could be liable for financial losses. If you believe your advisor has made unsuitable investments with your money, get in touch with an unsuitable investment attorney.
Working with a lawyer can dramatically increase your chances of receiving fair compensation. Our attorneys have a great deal of experience with these cases. We can use our knowledge and resources to your advantage and fight for the best outcome possible.
Warning Signs of Investment Fraud
Before you hire a financial advisor, there are warning signs you should look out for to help you avoid working with an advisor who may mismanage your money. While it is not always possible to spot untrustworthy financial advisors, the U.S. Securities and Exchange Commission provides a list of red flags that should make you think twice about signing on with an advisor.
This list includes the following:
- Low-quality websites
- Errors on your investment statements
- Advisors pressuring you to invest immediately
- Advisors offering “risk-free” investments
- Unsolicited investment offers, especially through email or phone calls
- Advisors who operate in foreign countries
- Financial advisors asking for payment for investments with a credit card or by wiring money to a bank
If you suffered significant losses after a financial advisor made unsuitable investments with your money, securing the services of an experienced unsuitability claims lawyer can be critical for recovering the money you need and deserve.
Arbitration Is Often the Only Option for Resolving an Unsuitability Claim in Most Cases
If you are looking to recover compensation after an advisor made an unsuitable investment with your money, you need to understand that arbitration is likely going to be your only option for recovering damages. In most cases, when you sign a contract with a brokerage firm, there is a clause stating that all disputes will be settled through arbitration.
Arbitration proceedings are regulated by FINRA. Arbitration aims to offer a fast and fair resolution to your dispute. Arbitration can be completed in a fraction of the time it would take to go through the court system, making it possible to recover compensation quickly so that you can move forward with your life.
Our team of unsuitability claims lawyers have extensive experience with the arbitration process. We have secured favorable results for thousands of clients through arbitration. We’ll draw on our experience to guide you through the arbitration process and obtain the damages you need to move past this unfortunate incident.
Our Unsuitability Claims Attorneys Work on a Contingency Fee Basis
After losing money because your financial advisor made unsuitable investments on your behalf, the last thing you need to worry about is legal fees that you can’t afford. That’s why our firm operates on a contingency fee basis. What this means is that your lawyer will not collect payment for their services unless they successfully recover compensation on your behalf.
If your unsuitability claims attorney is able to get you the money you need, they will collect a fee at the conclusion of your case. This fee will be paid directly from the financial award you recover as a fixed percentage of the money you receive. You will never pay a penny out of your own pocket.
If our legal team is unable to get you money for your claim, you won’t owe us anything for our services.
What Sets Us Apart from Other Investment Fraud Firms
When investors suffer losses due to advisor negligence, misconduct, and fraud, they turn to the trusted team at Meyer Wilson. Our large team of attorneys has extensive knowledge of how these types of cases are handled. Despite the large size of our firm, we remain dedicated to ensuring that every case gets the specialized attention it deserves.
We Don’t Stretch Ourselves Too Thin
We take a different approach to caseload management from many other firms. Other investment fraud firms often take on as many cases as possible to maximize their collection. After all, more clients mean more commissions.Â
At our firm, we do things differently. Instead of focusing on our own profits, we focus on your recovery. By keeping our caseload low, we can give extra attention to our clients, which typically translates to bigger wins for those who we represent.
We Help Our Clients Overcome Financial Obstacles
In addition to working on a contingency fee basis, we also advance all expenses in your case. Doing this protects our clients from worrying about payments until their cases have concluded. Schedule a free consultation with one of our unsuitability claims attorneys today to learn more about our services.Â
Get Started Pursuing Compensation With an Unsuitable Investment Claims Lawyer Today
Losing money due to unsuitable recommendations from an advisor you trusted can turn your finances upside down and leave you unsure of how to move forward. At Meyer Wilson, we understand how difficult it can be to lose a significant amount of money to fraud or misconduct. That’s why we’re here to fight for the compensation you’re owed.Â
Our firm has the resources and experience needed to give you the best possible chance of receiving damages. Contact us today to schedule a free consultation with a dedicated Unsuitability claims lawyer and learn more about how we can help you get your hard-earned savings back.Â