Solicitors Trusted Adviser
By working closely with fee based financial advisers, we believe that solicitors can maintain on-going client relationships and regain the pivotal role of trusted adviser.
Masons IFA is a member of SIFA which recognises the fact that we have met all of the Lexcel approved due diligence criteria necessary for legal firms to demonstrate compliance with the SRA’s code of conduct rules when referring clients.
Endorsed by the Law Society and recognised nationally, SIFA gives us all of the support needed to ensure that we are a safer course for recommendations where legal work gives rise to the need for financial advice.
The new Outcome 6.3 of the SRA Code of Conduct requires that when solicitors refer clients to third parties, “clients are in a position to make informed decisions”, this means that solicitors must be seen first to have made such decisions for themselves. This involves: Assessment, conducting due diligence, recording considerations on their Risk Register and ensuring all staff are aware by policy.
We are equipped to provide solicitors with the due diligence and other documentary material which will provide the necessary audit trail for SRA compliance.
We can provide:
- A formal due diligence statement
- An authorised third party agreement
- Terms of Financial Services Business for use by the law firm
- Regulatory disclosure statements
- Referral instruction records and feedback forms
If you would like more information on our services or how we can help with providing business development advice and the compliance requirements of Outcomes Focused Regulation please contact us, we will be happy to help.
Find out more
If you’d like to know more about working together please contact Andrew or Dennis Mason or complete our Contact Form.
Read lessClient Testimonials
- Mr & Mrs L of Shropshire
We have always found him to be polite and conscientious and willing to take time to discuss all the relevant points and the merits of each option being considered. We look forward to receiving his advice for many years to come.
- Alyson, Shropshire
I will continue to recommend you to friends, colleagues and business partners
- Peter & Sue, Shropshire
From the outset, we experienced professionalism and - just as importantly - genuine care
- Grace & Rob, Shropshire
We look forward to using your services again in the future and will definitely be recommending you
- Mr & Mrs L of Pontesbury
We have benefitted from your financial advice for the past 15 years. During this time we have been provided with sound financial advice that has seen our investments perform very well indeed.
- Mrs L, Shrewsbury
I should also like to thank you for your excellent service and advice - absolutely first class.....
- Gita, Shrewsbury
the service you provided was faultless. Will get in touch soon
- Mrs S, Shropshire
GOLD STAR FOR CUSTOMER SERVICE!
- Kevin & Michelle, Shropshire
we received a professional service from the whole team. They took the time to understand our circumstances, which were challenging, and found us a product which ticked all our boxes within our timeframes. We wouldn't have been able to find such a good deal independently.
- Mr & Mrs Lewis, Shropshire
We will never forget your kindness and we shall always be grateful
- James, Lincolnshire
people who do such things show they care about the individual rather than look at them as a business deal. I wish you continued success for your business and l will certainly recommend you to family and friends
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Associations
Contact Details
Masons Independent Financial Advisers
6 St. Johns Hill
Shrewsbury
Shropshire
SY1 1JD
Phone : 01743 244288
The guidance provided within this website is subject to the uk regulatory regime and is therefore primarily targeted at consumers based in the UK.
DACO Associates Limited is Authorised and Regulated by the Financial Conduct Authority and is entered on the Financial Services Register (www.fca.org.uk/register) under reference 586519.
Masons Independent Financial Advisers & Mortgage Port are trading styles of DACO Associates Limited.
Registered Office: 2 Woodside Mews, Clayton Wood Close, Leeds, West Yorkshire, LS16 6QE. ---- Registered in England & Wales No 08072341.