Negligent financial advisors
Overview
How do I know my financial advisor has been negligent?
We understand the impact a negligent financial advisor can have on individuals or businesses, who may engage the services of financial advisors for a variety of different reasons. However, if the financial advisor fails to perform to the standard of care expected of them, this can often result in the client incurring significant losses. We have seen an increase in the number of claims brought against financial advisors in recent years due to negligent advice or errors in the administration of financial products.
Examples of circumstances in which a financial advisor may have been negligent include:
- failing to advise on the risk involved in taking a specific investment option, which has resulted in a loss
- failing to consider or wrongly assessing a client’s attitude towards risk when investing in a product
- misselling financial products or investments to a client
- failing to follow a client’s instructions
If you feel that your financial advisor has failed to act as instructed or in your best interests, and you have suffered a loss as a consequence, you may have grounds to bring a claim. Contact us today, and our lawyers can advise you whether you have a claim, and we will help you to recover any losses you may have incurred.
Key contact
Abigail Flanagan
Abigail Flanagan joined the dispute resolution team in 2005 and became a Partner in May 2022. Abbie specialises in professional negligence claims (mainly against solicitors, accountancy practitioners and other finance professionals), general commercial litigation matters (including warranty, contractual and director/shareholder disputes) and insolvency matters.
Abigail Flanagan
Partner
Expertise:
Abigail Flanagan joined the dispute resolution team in 2005 and became a Partner in May 2022. Abbie specialises in professional negligence claims (mainly against solicitors, accountancy practitioners and other finance professionals), general commercial litigation matters (including warranty, contractual and director/shareholder disputes) and insolvency matters.
Next steps
We’re here to get things moving. Drop a message to one of our experts and we’ll get straight back to you.
Call us: 033 3016 2222
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