Legal Question in Securities Law in Colorado

Do I have a viable claim?

I have 4 Accounts with my Investment Advisor. 3 are Trust Accounts: Inherited IRA, Trust Exempt, and Trust Non-exempt. These 3 Accts have been with him since Sept 2006. The 4th acct is a personal account which has been with him for about 7 years.

My Advisor often mentioned to me that he would like to take over and manage my Trust Accounts. I told him that if he did, that I would like to set them up very conservatively, such as putting all into a Savings Account or CD�s. In Oct 2005 I sent him an email to this effect. He wrote back saying, �I have just been doing some planning along these lines with one of my other clients. I think this is a great idea��

When he got the Trust Accts in Sept. 2006. He invested in Stocks, Bonds, Preferred Stocks, Mutual Funds, Etc. Since then I have emailed him and sent several letters asking him about putting it all into savings or the �planning along these lines� but he has always skirted the issue, changed the subject or talked about another kind of �conservative� investment. The last time we met, in Nov.2008, I told him that I wish we had put it all in savings like I had been talking about. He said, �Well, it�s too late now.''

9/2006 acct totals $1,600,000.

now $836,000.

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