Brokerage firms are not just facilitators in securities transactions.  Brokers advise investors which securities or investment they should purchase. In today’s complex market,  investors rely on the advice and expertise of stockbrokers and brokerage firms.  As a result, Broker Misconduct can result in substantial losses for an investor.

The law imposes a fiduciary relationship on stockbroker, registered advisors and brokerage firms. A fiduciary relationship requires brokers to place the investor interest first and before that of the broker.

A breach in the fiduciary relationship my result in liability for broker and the brokerage firm.  Common examples of breach of fiduciary are: churning, unsuitable investments, misrepresentations, omissions of material facts.

If you believe you have been a victim of broker misconduct or breach of fiduciary duty, contact Miller Law Group for a free consultation – or call 919-348-4361.


NC Financial Advisor- Broker Fraud for Unsuitable Investments