FINANCIAL ADVISORS PROFESSIONAL LIABILITY INSURANCE
One of our strongest and most loyal clientele groups includes the following:
The main exposures of financial advisors, RIAs and financial planners lie in their ability to choose their clients appropriately, document their objectives and goals, select appropriate investment strategies, execute them without trading errors, and disclose all the risks and benefits of the investment strategy to their clients.
In every market downturn or recession, we have seen arbitration cases rise. The actual complaints can be brought through the NASD, the SEC, the American Arbitration Association, the NYSE, the SROs and civil court system, just to name few. As the costs of defending claims become larger, so will the verdicts and indemnity paid by our financial advisors.
We feel very strongly that the insurance programs we can offer our clients will protect them in almost every aspect of their practice.
The brief highlights include:
Reach out to any AJW broker to get started!