Master Hard-Placed D&O Insurance for Financial Advisors
The Importance of D&O Insurance
Financial advisors operate in a high-stakes environment where the risk of litigation is ever-present. D&O insurance helps mitigate these risks by covering legal defense costs, settlements, and judgments arising from lawsuits alleging wrongful acts such as breach of fiduciary duty, negligence, or mismanagement. Without this protection, financial advisors and their firms could face substantial financial burdens that can jeopardize their operations and personal finances.