Articles<title><META NAME="DESCRIPTION" CONTENT="Articles"><META NAME="KEYWORDS" CONTENT="Articles"><link href="css/style.css" rel="stylesheet" type="text/css" /> </head> <body> <script type="text/javascript" src="js/jquery.min.js"></script> <script type="text/javascript" src="js/fadeslideshow.js"> </script> <script type="text/javascript"> var mygallery=new fadeSlideShow({ wrapperid: "fadeshow1", //ID of blank DIV on page to house Slideshow dimensions: [910, 246], //width/height of gallery in pixels. Should reflect dimensions of largest image imagearray: [ ["images/banner1.jpg" ], ["images/banner2.jpg"], ["images/banner3.jpg"], ["images/banner4.jpg"], ["images/banner5.jpg"], ["images/banner6.jpg"] //<--no trailing comma after very last image element! ], displaymode: {type:'auto', pause:2500, cycles:0, wraparound:false}, persist: false, //remember last viewed slide and recall within same session? fadeduration: 1500, //transition duration (milliseconds) descreveal: "ondemand", togglerid: "" }) </script> <div id="warp"> <div id="header-bg"> <div id="contaner"> <div id="header"> <div id="header-top"> <a href="mailto:info@savagelaw.us"><img src="images/header-email.jpg" border="0" alt="Header email image of Savage Law, Business lawyer Florida"/></a> <h1>The Savage Law Firm, <span style="font-size:18px;">PA Tampa, Florida</span></h1> <div style="height: 12px;"></div> <p class="pa">A Professional Association</p> <span class="phone">813-251-4890</span><span class="ESQ">Robert Savage, ESQ</span> <div class="clear"></div> <div id="nav"> <ul> <li><a href="index.shtml" >Home </a></li> <li><a href='OurAttorneys.shtml' >Our Attorneys</a></li><li><a href='ArticlesFAQs.shtml' >Articles/FAQ’s</a></li><li><a href='ContactUs.shtml' >Contact Us</a></li><li><a href='Resources.shtml' >Resources</a></li><li><a href='Mediation.shtml' >Mediation</a></li></ul> </div> </div> <div class="clear"></div> <div id="banner"> <div id="fadeshow1" style="_margin-top: -3px; "></div> </div> <img src="images/bottom-banner.jpg" alt="Bottom banner image of Savage Law, Stock Loss Lawyer"/> </div><div id="content2"> <div id="leftnav"> <ul> <li><a href='PracticeAreaOverview.shtml'>Practice Area Overview</a></li><li><a href='FacilitatingForeclosures.shtml'>Facilitating Foreclosures</a></li><li><a href='Negligence-Fraud.shtml'>Stockbroker Misconduct</a></li><li><a href='Stockbroker-Brokerage.shtml'>Stockbroker Representation</a></li><li><a href='Business-Consulting.shtml'>Business Services</a></li><li><a href='Mediation.shtml'>Mediation</a></li><li><a href='Overview.shtml'>Business Dispute Resolution</a></li><li><a href="calendar.php?month=9&year=2010">Calendar </a></li> <li><a href="/blog">Blog </a></li> </ul> <div style="height: 15px; "></div> <center><a href="http://www.avvo.com/attorneys/33602-fl-robert-savage-1285709.html?cm_mmc=Avvo-_-Avvo_Badge-_-Micro-_-1285709" target="_blank" style="margin: 10px 0px 0px opx;"><img alt="Avvo - Rate your Lawyer. Get Free Legal Advice." src="http://assets1.avvo.com/images/microbadge.png?1267488232" border="0" /></a></center> </div><div id="right"> <h1>Articles</h1><p style='margin-left:50px;'><h3 align="center"><strong>Did your broker over-trade your mutual fund shares?</strong></h3> <p>"I've got a great mutual fund that you have to buy."</p> <p>"This other mutual fund will outperform the one you already own."</p> <p>If you have heard these or other sales pitches from your broker, you would do well to review your account activity because you may want to sue your broker. One potential problem with trading mutual funds is that penalties and expenses quickly add up when your broker convinces you to sell one mutual fund to buy another.</p> <p>There are three mutual fund share classes, each with their own fee structure. Class A shares are 'front loaded' where you pay the commissions up front but you pay the lowest relative maintenance fee of the classes. Class B shares have a slightly higher maintenance fee than Class A shares but do not require up-front commission, instead, selling Class B shares in less than five years results in your paying a contingent deferred sales charge (CDSC). Class C shares are 'no-load' and you do not pay up-front commissions but they have the highest relative maintenance fees.</p> <p>The different share classes are appropriate for different situations. Class A shares are used when investing a large amount of money because you can negotiate a lower up-front sales charge. Class B shares are appropriate when you are planning to invest $300,000 or more for at least five years because you avoid the CDSC but the maintenance fees are higher. Class C shares can be the most expensive to own because their annual maintenance fees are the highest of the three share classes.</p> <p>Mutual funds are designed as long-term investments so actively buying and selling them is not a normal practice. Unscrupulous brokers may recommend that you buy and sell mutual fund shares only because that broker gets paid a large, non-negotiable commission on those trades. If your broker recommended that you buy and sell your mutual funds in different fund families several times over less than five or ten years, you may want to sue your broker.</p> <p>If your broker convinced you to trade mutual funds in your account, especially Class B shares, he or she may have mismanaged your account. In this case, you may want to contact the Savage Law Firm, P.A. to help you decide if you want to sue your broker.</p></p> </div> </div> <div class="clear"> </div> <div id="main"></div> <div class="clear"> </div> <img src="images/savage-farm.jpg" alt="Savage-farm image of Business attorney Florida" /> <div id="bottom"> <p>We have a local, regional and national practice. Within Florida, we represent many clients in the Tampa area, including people in Hillsborough County, Pinellas County, Pasco County, Sarasota County, Manatee County, Lee County, Tampa Bay, St. Petersburg, Clearwater, Sarasota, Largo, Palm Harbor, Dunedin, Temple Terrace, Oldsmar, Brandon, Plant City, St. Pete Beach, Madeira Beach, Treasure Island, Safety Harbor, Tarpon Springs, Sun City, Bellair, Bellair Beach, Bellair Bluffs and Carrollwood.</p> </div> <div class="blue"></div> <div id="footer"> <p><a href="index.shtml">Home Page</a> | <a href='ArticlesFAQs.shtml'>Articles/FAQ’s</a> | <a href='ContactUs.shtml'>Contact Us</a> | <a href='Resources.shtml'>Resources</a> | <a href='Mediation.shtml'>Mediation</a> | <a href="http://www.savagelaw.us/">Business Lawyer Florida</a> | <a href="http://www.savagelaw.us/">Stock Fraud Lawyer</a> | <a href="http://www.savagelaw.us/">Business Attorney Florida</a> | <a href="http://www.savagelaw.us/Stockbroker-Brokerage.shtml">Stock Loss Lawyer</a> | <a href="http://www.savagelaw.us/Stockbroker-Brokerage.shtml">Florida Stock Loss Lawyer</a> | <a href="http://www.savagelaw.us/Negligence-Fraud.shtml">Florida Stock Fraud Lawyer</a> | <a href="http://www.savagelaw.us/Negligence-Fraud.shtml">Tampa Stock Fraud Lawyer</a> | <a href="http://www.savagelaw.us/Negligence-Fraud.shtml">Stock Fraud Attorney Florida</a> | <a href="http://www.savagelaw.us/Business-Consulting.shtml">Business Lawyer Tampa</a> | <a href="http://www.savagelaw.us/Business-Consulting.shtml">Business Lawyer Petersburg</a> </p> </div>  <div class="blue"></div> <p class="copy">All rights reseved by : The Savage Law Firm, Copyright 2009</p> </div> </div> </div><script type="text/javascript"> var gaJsHost = (("https:" == document.location.protocol) ? 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