PLEASE NOTE: To protect your safety and the safety of our employees in response to the threats of COVID-19, we have encouraged all staff to work from home to the maximum extent possible. As a result, the office phone line may not be monitored at all times. Our attorneys are still available by email and can arrange to meet with you via phone or video-conference.

Experience, Creativity And Skill

  1. Home
  2.  » 
  3. Securities Arbitration
  4.  » Suitability

Suitability

Needless to say, not all investments are for everybody. A stockbroker may only recommend investments that are suitable for a certain customer. In order to determine the right investment, a broker must consider, among other things, the investor’s:

  • Age
  • Risk tolerance
  • Financial knowledge
  • Investment horizon
  • Investment objectives
  • Loss tolerance

In addition to recommending the right investment according to each investor’s profile, a stockbroker must clearly disclose to his or her clients the risks an investment entails. If a broker intentionally or unintentionally fails to make these risks clear to you, he or she might be violating suitability rules, and you might be entitled to compensation.

Schedule A Free Initial Consultation Today

If you are facing a legal dispute related to your investments, it’s in your interest to work with an experienced attorney who can provide you with the advice you need to reach a resolution that reflects your interests. The first step is to meet with a lawyer in person so you can learn more about your legal options.

To schedule an appointment with an attorney at Reasonover & Berg, LLC, call us at 504-613-4941 or contact us online. From our office in New Orleans, we serve clients throughout Louisiana and beyond.