Recover Losses from Poor Financial Advice and Investment Mismanagement
When you trust a financial advisor, broker, or wealth manager with your money, you expect them to provide competent, suitable advice that serves your best interests. Financial negligence occurs when these professionals fail to meet their duty of care, resulting in significant financial losses to you.
At Gary Matthews Solicitors, we understand the devastating impact that poor financial advice can have on your life savings, retirement plans, and financial security. Our experienced solicitors specialize in financial negligence claims and work to recover your losses from negligent financial professionals.
Poor advice leading to unsuitable investments, excessive risk, or failure to diversify your portfolio appropriately.
Inappropriate pension transfers, unsuitable pension products, or failure to explain fees and risks adequately.
Unsuitable mortgage products, failure to explain terms, or advice that led to financial difficulty.
Inappropriate insurance products, inadequate cover, or failure to disclose material terms and exclusions.
Poor tax advice resulting in unexpected tax liabilities, penalties, or lost tax relief opportunities.
Poor advice on business transactions, mergers, acquisitions, or corporate restructuring.
To succeed in a financial negligence claim, we must demonstrate:
We work with independent financial experts who review your case and provide professional opinions on whether the advice met regulatory standards and industry best practices.
The aim of compensation is to put you back in the financial position you would have been in had the negligent advice not been given. This typically includes:
You may have two routes to seek redress:
Statute of Limitations: Generally 6 years from the date of the negligent advice, or 3 years from when you discovered (or should have discovered) the negligence.
Ombudsman Time Limits: Complaints to the Financial Services Ombudsman must usually be made within 6 years of the event or 3 years from when you became aware of the problem.
Don't Delay: Time limits in financial negligence cases can be complex. Contact us promptly to ensure your claim is protected.
We meticulously review all financial documentation and advice given to identify breaches of duty.
Independent financial experts assess whether the advice met regulatory standards and was suitable for you.
We accurately calculate your losses, comparing your actual position with where you should be.
We negotiate firmly with insurers and firms to secure full compensation for your losses.
If you've suffered significant financial losses and the advice doesn't seem to match your circumstances, risk tolerance, or financial goals, you may have been mis-sold. Contact us for a free assessment.
Most financial advisors are required to have professional indemnity insurance. Even if the firm has closed, claims can usually be pursued against their insurer or through the Financial Services Compensation Scheme.
Not all investment losses are due to negligence—markets fluctuate. However, if you were advised to take risks unsuitable for your circumstances, or weren't properly warned of risks, you may have a claim.
It depends on your situation. The Ombudsman is free but has compensation limits. Court claims have no limits but involve legal costs (covered by our no win, no fee arrangement). We'll advise on the best route for you.
Ombudsman complaints typically take 12-18 months. Court claims may take 2-3 years depending on complexity. We work efficiently to resolve your claim as quickly as possible.
Signing risk warnings doesn't necessarily prevent a claim. If the advice was unsuitable for your circumstances or the risks weren't properly explained, you may still have a valid claim.
If you've suffered losses due to poor financial advice, contact us today for a free case assessment.