Financial Advisor & Broker Dispute

Are you looking to make a Professional Negligence claim?

If so, all YourDispute.co.uk solicitors can act on a No Win No Fee basis. No Win No Fee means that if your case is unsuccessful, you will generally not be responsible for your solicitor's costs. If your claim is successful, you can usually recover legal costs from your opponent.

Bad financial advice

Everyone wants to make safe and solid investments with their savings.  Unfortunately, this does not always turn out the way we had planned. In some cases bad advice about your investments can result in losses.

Claiming against a financial advisor

In certain circumstances, the money that has been lost through bad financial advice can be reclaimed.

Advisors and brokers have a duty of care to you, their client. If they falsely or negligently represent investment opportunities to you then you may have a valid claim to recover your losses.

Examples of disputes with financial advisors include:

1. When an advisor fails to disclose to you that they would receive commission or payment as a result of their involvement in the financial recommendation or transaction
2. Where the advisor misrepresents the facts surrounding the investment, so that you rely upon and make a decision to invest based on incorrect information
3. Bad financial advice can also mean failing to take full consideration of your individual requirements and circumstances, resulting in you making an inappropriate investment

What you need to do to make a claim

As with all professional negligence claims, you need to demonstrate that your financial advisor or broker was negligent and that bad financial advice caused you to suffer a financial loss. You will also need to provide relevant evidence such as documents and information to support your case.

YourDispute only deals with broker dispute cases where there was negligence within the last 5 years and losses are in excess of £10,000.  

Unfortunately, claims for bad service cannot be pursued as professional negligence claims. However, you may still be able to pursue your complaint with the financial ombudsman scheme. Please contact the Financial Services Authority for this.

How YourDispute.co.uk can help

All YourDispute.co.uk solicitors can act for you on a No Win No Fee basis, subject to certain eligibility criteria. No Win No Fee means that if your claim is unsuccessful, you will not normally be responsible for your solicitor's legal costs. If you win, you can usually recover legal costs from your opponent.

If you think you have a professional negligence claim relating to bad financial advice, call today or fill in our simple online claim form and we will put you in touch with a specialist solicitor who can take the hassle out of a broker dispute.

Call us or make an online enquiry now...