Holding Brokers Accountable for Failing to Diversify an Investor’s Portfolio
The saying “don’t put all your eggs in one basket” applies directly to the world of investments. A diverse portfolio is vital to minimizing the risks associated with investment. Brokers, financial advisors and other professionals in the financial services industry should not invest all or most of their clients’ funds in one investment, type of stock or industry. When brokers over-concentrate an investor’s assets, it can place an investor’s portfolio at risk. If you have lost money due to your brokers’ failure to diversify, it is important that you speak to an attorney who can review your portfolio and hold your broker accountable for these practices.
Based in South Florida, Melanie S. Cherdack, a former wall street lawyer, leads a team of lawyers representing investors who have lost significant amounts of money due to investment fraud or broker negligence. Our South Florida lawyers take decisive action for investors who have needlessly lost money due to a lack of investment diversification.
More Than 25 Years of Legal Experience Within the Financial Services Industry
Melanie S. Cherdack, a former wall street lawyer, has been in practice since 1985 and has a complete understanding of a broker’s duties and obligations to his or her investor clients. She has represented hundreds of investors in the United States, the Americas, and the Caribbean, and can determine whether you have a valid claim. She and our team will carefully investigate the circumstances behind your investment losses. If your losses are the result of overconcentration or another type of investment fraud, we will bring a claim in arbitration against the responsible parties.