Financial advisor negligence
If you've relied on financial advice and it's led you astray, you may be entitled to compensation for your economic losses. By law, financial advisors, brokers and financial planners are required to exercise proper care and skill when providing services to their clients. If they don't and you get hurt, we can help.
Negligent or fraudulent advice can cause you significant financial hardship and devastating loss.
Shine Lawyers' team of Professional Negligence lawyers are equipped with the legal skill and experience to hold financial planners to account.
Negligent financial advice
It is important to note that not all advice that leads to financial loss will be negligent. Much depends on the particular circumstances of your case. Common behaviours that may give rise to negligence include:
Giving financial advice without knowledge of personal circumstances
Recommending unreasonably risky investments
Improper monitoring of chosen investments
Failing to advise on the risks associated with investment decisions
Financial advisor negligence claims
To have a successful claim for negligent financial advice, you must be able to show:
Your financial planner owed you a duty to exercise reasonable care and skill when providing advice;
Your financial advisor failed to comply with accepted standard of practice; and
As a result of your advisor's negligence, you suffered economic loss.
How Shine can help
We have helped thousands of Australians right wrong and access more than $1 billion per year in entitlements and compensation through our expert services.
95% of the cases we represent are settled without the stress of going to court.
With our 1000+ workforce and business maturity, we have the scale, expertise and agility to take on the tough cases and win.
We are ready to take action and hold negligent professionals to account to right wrong.
Do you have a case?
We’re here to make the legal process as simple and stress-free as possible.
Can I represent myself, or do I need a lawyer for negligence?
Self-representation is an option, but not an option we recommend to ensure a successful outcome. It requires a thorough understanding of the law, your legal rights, and entitlements, plus a lot of time and effort on your behalf to successfully move your case forward.
Most people choose not to act for themselves and instead engage experienced professional negligence lawyers who are experts in their field and can provide the knowledge and experience required to guide a case to a successful outcome.
Why trust Shine to be my professional negligence lawyers?
Here at Shine, we put you first. We’ve been standing up for the rights of everyday Australians for over 45 years. As one of Australia’s largest litigation law firms, we are here to support you, guide you and stand with you as you seek the justice you deserve.
Our empathy, understanding and expertise is how we stay ahead of the pack and you can feel secure knowing we have your back from start to finish.
Where are the professional negligence lawyers from Shine located?
Access to justice is important to us, and when it comes to Shine, location is no barrier. We can easily arrange an obligation-free virtual or over the phone appointment. No matter where you are located, we will always provide the same, expert advice and manage your claim with the same level of quality and commitment.