Did Your Financial Advisor Mishandle Your Retirement Savings?

The days of guaranteed pensions are gone for most investors. As businesses shifted to defined contribution plans, such as the 401(k), the onus is increasingly on investors to save for their future retirement.

The use of an IRA, 401(k) and other tax-advantaged savings programs are intended to help people efficiently save for retirement. Investors who engage a financial professional to help secure their retirement savings expect to receive a high level of care, service and prudent advice.

When financial advisors and brokers fail to meet this standard of care by engaging in various forms of misconduct, the financial advisor negligence attorneys at Hyman Cotter PC work to recover your losses.

Retirement planning negligence can materialize in a broad range of forms, including:

• An asset allocation that has an inappropriate level of risk based on an investor’s goals, risk tolerance, time horizon or other specific circumstances unique to investors who are close to or in retirement
• Distribution rates that are too high to last through the entirety of an investor’s retirement
• Breach of fiduciary and other duties
• Investing in speculative investments
• Other forms of misconduct

A Full-Service Securities Law Firm

Hyman Cotter PC routinely represents investors nationwide who were harmed when financial professionals and their firms mismanaged investors’ retirement savings or otherwise misadvised clients with respect to their retirement savings.

Our team includes lawyers who have worked for large financial institutions, including Morgan Stanley and UBS Financial Services, and regulatory bodies such as the SEC. We bring a unique level of knowledge and experience when representing the rights of investors, including resolving cases through arbitration and litigation when necessary.

Discuss Your Legal Options for Free With a Chicago Retirement Plan Claims Attorney

If your financial professional or financial firm engaged in negligent or intentional misconduct concerning your retirement savings, contact Hyman Cotter PC at 312-291-4600 or through our online contact form for a no-cost evaluation of your matter.