A Manchester asset manager and a Cheshire wealth manager are among nine firms the Financial Services Compensation Scheme (FSCS) has declared in default during H1 2018.
Investors and savers could be in line for compensation as a result of their dealings with five out of the nine firms.
Advisory firms on the list from July include London IFA Talk Financial Solutions and Kent-based Accuro Finance Limited, alongside Birmingham firm Ashfield Financial Planning and R W Harris Ltd, trading as Greystone Wealth Management, in Cheshire.
The list also includes Manchester-based Care Asset Management and London-based broker Ignition Select Limited.
Alex Kuczynski, chief corporate affairs officer at FSCS, said: “FSCS steps in to protect consumers around the UK when authorised financial services firms go bust. This vital service, which is free to consumers, protects your deposits, investments, home finance and insurance.
“We want anyone who believes they may be owed money as a result of their dealings with any of these firms to get in touch as we may be able to help you.”
Affected customers have been urged to lodge claims via the FSCS website.
