In the past six months, at least two customers of financial advisor Jeffrey Eglow of Boca Raton, Florida have filed complaints alleging that Eglow gave them negligent investment advice. They have also alleged that Eglow breached his fiduciary duties. Eglow is currently associated with the brokerage firm Newbridge Securities Corp. He was previously associated with SunTrust Investment Services, and before that, with Wells Fargo Advisers.
Negligent Investment Advice
Financial advisors have a duty to recommend suitable investments and investment strategies to their clients and otherwise act in their clients’ best interests. A recommendation is only suitable if it comports with the client’s investment objectives, risk tolerance, investment experience, investment time horizon, liquidity needs, and income needs. Together these considerations form the investor’s unique “investment profile.” The duty to recommend suitable investments cannot be disclaimed through risk disclosures or waivers.
If you have suffered investment losses as a result of the malpractice or misconduct of Jeffrey Eglow, our experienced team of investment fraud attorneys may be able to assist you in recovering some or all of your losses. Call us toll-free at 888-607-4819 for a free consultation or email us through our “Contact” page to schedule a free consultation.