Did your broker lose your money in REITs?


Did your broker or financial adviser put a large percentage of your money into a REIT? Are all of your assets that linked to real-estate (and the fluctuations of the real-estate market). This could be considered a case of over concentration. If a broker or financial adviser does not diversify his client's portfolio, he may potentially be liable if that investment depreciates in value. Also, REITs may not be suitable for portfolios where principle protection is the strategy of choice.


Your broker or financial adviser has a duty to diversify your portfolio. A diversified portfolio should be invested in a variety of stock and industry categories. If a broker concentrates your portfolio in too much of any individual investment, then the risk of losses with your portfolio increases. If your broker or financial adviser over concentrated your portfolio into REIT investments you may be able to bring a claim for recovery before the Financial Industry Regulatory Authority.

If you purchased REIT's through a broker that misrepresented what REITs are, overconcentrated your portfolio in REIT's, put you in REITs that were unsuitable for your portfolio, or you were put in other risky investments please contact Lars Soreide of the Soreide Law Group today to discuss your claim. 888-760-6552


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