National investment loss lawyers KlaymanToskes is investigating broker Dave Hutchison (CRD# 732974) of Cetera Advisors after a customer complaint was filed with the Financial Industry Regulatory Authority (“FINRA”), alleging $800,000 in damages due to breach of fiduciary duty, negligence, and negligent supervision.
According to FINRA BrokerCheck, broker Dave Hutchison is currently registered with Cetera Advisors in Phoenix, AZ.
Investors that suffered losses with broker Dave Hutchison are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at lawrence@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations.
The articles linked below contain important information relating to KlaymanToskes’ investigations of broker Dave Hutchison:
If you suffered losses with broker Dave Hutchison, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.
The firm has helped recover over $600 million* for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.
*Exclusive of attorneys fees and costs.
FINRA (Financial Industry Regulatory Authority) is the self-regulatory body responsible for regulating all U.S. brokers and brokerage firms doing business with customers in the United States and other countries.
Under FINRA rules, financial advisors and their firms are responsible for providing suitable investment advice and may also be liable for a breach of fiduciary duty in the event of a misrepresentation, omission or unsuitable recommendation resulting in losses suffered by the investor. Further, financial professionals and their firms cannot disregard a customer’s risk-tolerance when making suitable investment recommendations.
Facts about each investor, such as their financial situation/needs, age, employment status, tax status, investment objectives and experience, risk tolerance, and what other investments they may be holding must be taken into consideration by brokers/financial advisors in order to meet the “reasonable diligence” requirement of FINRA’s suitability rule. These factors help determine the suitability of a particular investment or investment strategy for a particular investor.
Investors that have suffered losses as a result of their advisor’s violations of securities rules may hold their brokerage firm and financial professional liable through a FINRA arbitration claim. Contact KlaymanToskes today at (888) 997-9956 to discuss your potential case and learn more about the arbitration process.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against broker Dave Hutchison. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA, brokerage firms such as Cetera Advisors are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Dave Hutchison, or have concerns regarding your investment portfolio at Cetera Advisors, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.