Birmingham Failure To Diversify / Overconcentration Of Investment Attorneys
Did Your Advisor Put All Your Eggs in One Basket?
Different segments of the market are popular from year to year. In addition, there are always new ideas, products and recommendations to choose from. You should not be tempted to invest too heavily in one category or any one investment. It is a brokerage firm or financial advisor’s duty to make sure your that your investments are well diversified based on your risk tolerance and goals.
Did you suffer significant investment losses because your investment firm failed to diversify your portfolio based on your risk tolerance and goals? We help our clients obtain compensation from investment firms for over-concentration or failure to diversify. We can help you identify inappropriate asset allocation and over-concentration of investments.
- Failure to diversify refers to the overall investment strategy. The balance of risk should align with the client’s goals, finances and risk tolerance. Failure to diversify can be considered negligence.
- Over-concentration is a deliberate heavy investment in one company, one industry or one type of security. This is also know as having “all your eggs in one basket”. This can result in heavy losses in a short period of time.
Brokerage firms have a fiduciary duty to each client’s best interests. Let our over 135 years of combined experience work for you.
Investment Over-Concentration & Failure To Diversify Attorneys
Gordon, Dana & Gilmore, LLC is the preferred law firm for the handling and referral of sensitive business, personal and litigation matters that require “troubleshooting expertise” as well as a professional approach at a higher level.