The most common and most likely answer to this crossword clue is the 11 letter word ILL-ADVISED
I've seen this crossword clue in Financial Times
I
L
L
-
A
D
V
I
S
E
D
More clues leading to the result ILL-ADVISED
Buddy explains!

The straight part
We know that "unwise" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case unwise = ill-advised.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does ILL-ADVISED mean?
ILL-ADVISED adjective- Carried out without the benefit of wise counsel or careful deliberation, or carried out with unwise counsel