You are viewing a read-only archive of the Blogs.Harvard network. Learn more.

Can private banking clients sue their advisors?

June 15, 2009 | Comments Off on Can private banking clients sue their advisors?

In short, the answer is YES. However, clients have to prove that their losses are direct results of negligence on the private bankers part. When the market is hot and everyone is making money, life is easy for wealth advisers. Advisers take their clients to lunch at Four Seasons, or go for a round of […]