What Is Overconcentration?
Ever heard of the phrase "don't put all of your eggs in one basket?" Your advisor should also follow this advice, but when your financial advisor invests most or all of your money in a single type of asset or a few high risk stocks without your approval, then your financial advisor may be "overconcentrating." If you've lost most or all of your investment because of this investment strategy, you may be able to sue your financial advisor for overconcentration.
Additional Civil Stock Broker Fraud FAQs
- What Is Securities Fraud?
- How can I tell if I`ve been a victim of a stock fraud?
- What is an unsuitable recommendation?
- What is securities arbitration?
- What Is Churning?
- Do I need to hire an attorney to sue my stock broker?
- What Government Agencies Can I File A Complaint With?
- What Is A Misrepresentation or Omission?
- What is a failure to execute trades?
- What Is A Breach Of Fiduciary Duty?
Personal Injury Sub-categories
Civil Mortgage Loan Fraud
Cruise Ship Injuries
Insurance Bad Faith Denial of Benefits
Slip and Fall