Lose money after investing in a GPB Capital Holdings Fund? take action
We can help recover your investment loss. Free consultations, always. CONTACT US

Variable Annuities

Variable annuities can be a great investment, but that doesn’t mean they are suitable for everyone. In fact, variable annuities can be quite complex and carry many risks. If you suffer losses on variable annuities, your broker could be held responsible.

Continue reading to find out more about variable annuities, the risks, and whether you have grounds for a complaint with the Financial Industry Regulatory Authority (FINRA).

What Are Variable Annuities?

A standard annuity contract is an agreement between you and an insurance company. You purchase an annuity in either one lump sum or make regularly scheduled payments. Then, once the annuity matures, you receive payments at regularly scheduled intervals for a set period of time.

It’s usually a good option for individuals who want to guarantee a steady stream of income in the future. Variable annuities are a certain type of annuity value that can vary significantly based on the value and performance of an underlying mutual funds portfolio.

Risks of Variable Annuities

Simply investing in a variable annuity and suffering losses isn’t enough to have your case heard before a panel of FINRA arbitrators. You must be able to prove that your financial advisor is responsible for your losses in some way. In variable annuities, this is usually because a financial advisor failed to disclose the risks. For example, variable annuities are often incredibly complex.

They aren’t fixed, so investors run the risk of losing value in the annuity if the mutual fund’s portfolio does not perform well. Furthermore, there are high fees associated with variable annuities. If you hoped to make a withdrawal but you are currently in a surrender period, you may have to pay a large fee in order to do so.

Reach Out to an Investment Loss Lawyer

If you believe that you have been wronged by your financial advisor after investing in variable annuities, and are unsure of where to turn, get help from a qualified investment loss lawyer at Wolper Law Firm. Give us a call at 800.931.8452 or complete the convenient contact form included below to schedule your free, no-obligation consultation.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.
or call 800.931.8452
Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: 800.931.8452

Additional Office Locations (by appointment only)

3355 Lenox Road
Suite 7
Atlanta, GA 30326


13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016


3102 Maple Ave.
Suite 400
Dallas, TX 75201


5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220


7900 E. Union Ave.
Suite 1100
Denver, CO 80237


1700 Park Street
Suite 103
Naperville, IL 60563


1001 Fourth Ave.
Seattle, WA 98154