IMPROPER ASSET ALLOCATION
IMPROPER ASSET ALLOCATION CLAIMS
Proper asset allocation and diversification is the risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this principle contends that a portfolio of different kinds of investments will yield higher returns and pose lower risks than any individual investment found within the portfolio. On the contrary, improper asset allocation across different asset classes, such as stocks, bonds, and cash, exposes the investor to undue risk.
Put another way, “don’t put all your eggs in one basket”. If a financial advisor is managing or giving you recommendations of a significant portion of your investment funds, he has a duty to advise you to diversify your portfolio. If he does not, and you suffer loss because of improper asset allocation and lack of diversification, you might have a claim.
OUR FIRM UNDERSTANDS ASSET ALLOCATION AND LACK OF DIVERSIFICATION CLAIMS
Heiner Law Offices has the expertise to know if improper asset allocation or lack of diversification of your portfolio is a reason why monetary losses occurred. Once we interview you to get the facts, and analyze your account statements, if we determine lack of diversification was a cause of your losses and you hire us, we will relentlessly pursue claims on your behalf. We will hold the firm or individual accountable for their misconduct and work hard to get your money back.
Our firm has the knowledge and experience to aggressively pursue the damage caused by someone’s improper investment recommendations, and we will put that to work for you.
CONTACT US FOR A FREE CONSULTATION
Contact our office today to discuss your case. We offer a free initial consultation. You can reach us by phone at 801-366-5200 or via email. We try to take every case on a contingency basis which means we don’t collect a legal fee unless we successfully make a financial recovery for you.