What Constitutes a Breach of Fiduciary Duty?

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.

Should I Sue My Financial Advisor if I Lose Money?

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.