When you first started working with your financial advisor, you likely signed a customer agreement. You need to review the terms of this agreement. If you no longer have access to the agreement, you should request a copy from your financial advisor’s member firm. Notably, the overwhelming majority of modern financial advisor agreements contain mandatory arbitration provisions. In most cases of financial advisor misconduct, investors must seek compensation through the FINRA arbitration process, instead of through securities litigation. Though, there are certainly some exceptions to this general rule.