When you trust a financial advisor with your money, they have a responsibility to act in your best interest. If you’ve lost money because of a financial advisor, you can file a civil suit to recover any damages you have suffered as a result of the breach.
All investments come with risk. If you purchase stocks, bonds, or other securities, there is always the potential that you may lose money. That said, if you hire a financial advisor to assist you in making financial decisions or managing investment accounts on your behalf, you should expect that they will work to ensure a positive financial outcome.