Argent Wealth Ltd, trading as Carlton Smith Private Wealth, Orchard Financial Planners, Morley James Asset Management and Lifestyle Wealth Management
What this means for you
Because Argent Wealth Ltd, trading as Carlton Smith Private Wealth, Orchard Financial Planners, Morley James Asset Management and Lifestyle Wealth Management 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
Argent Wealth Ltd, operating under the trading names Carlton Smith Private Wealth, Orchard Financial Planners, Morley James Asset Management and Lifestyle Wealth Management (FRN 515379), was declared in default by the Financial Services Compensation Scheme on 7 July 2021. The firm provided pension advisory services, pension transfer advice and SIPP administration. Eligible customers may claim compensation of up to £85,000 in respect of pension-related investments.
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.