Demontfort Professional Wealth Management LLP
What this means for you
Because Demontfort Professional Wealth Management LLP has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Demontfort Professional Wealth Management LLP (FRN 474086) was declared in default by the Financial Services Compensation Scheme on 23 November 2016. The firm's product types were not specified in available records, limiting clarity on the precise nature of financial services offered. Eligible customers may be entitled to FSCS compensation, though the applicable limits depend on the product category involved, with standard coverage of £85,000 for investments, mortgages, and deposits, or 90 per cent of losses for insurance claims.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.