Undisclosed Commissions

Many financial advisers advise their clients to purchase securities by informing them of the benefits that the investment provides, but intentionally omit to disclose the commission or fees that the client will be charged upon purchase or sale of the investment.  The inherent conflict of interest in the financial planner – client relationship causes many financial advisers to conceal the amount of the compensation for fear that the client would not purchase or sell the security if the commission or fee was disclosed.

In addition, many broker-dealers have been found to have concealed or disguised certain fees that they charge the investor.  These undisclosed or disguised fees are unlawful but are hard for the most investors to identify.

If you believe that your financial adviseradvised you to purchase or sell an investment without adequately disclosing the amount of commissions or fees, or engaged in another sales practice abuse, please contact Wittenberg Law to discuss your legal rights and options.