Financial Advisers

We have a number of clients who provide either independent or restricted financial advice to both retail and institutional clients on investments and also non-investment insurance related products.

Our services to advisers include guidance to new businesses on applications for
FCA authorisation. This includes preparing an appropriate and relevant compliance manual which documents how the firm complies with regulatory requirements including where necessary retail Conduct of Business rules. Our documentation is designed to appropriately reflect the firm’s business and processes but not to be too overly burdensome.

It also includes ongoing compliance monitoring and support which typically can include compliance file audits or reviews, assessment of a firm's systems and controls, and assisting with completing a firm’s Retail Mediation Activities Return (‘RMAR”) on the online reporting system, GABRIEL. It also includes preparation for regulatory visits and reviews. It can also include ad hoc support including approving financial promotions and handling regulatory complaints on behalf of the firm.

We can also assist with other major projects such as permission variations and changes of control.

We have a very good understanding of the regulatory, technical and commercial issues facing such firms and are able to direct their ongoing compliance activity. This allows the principals to focus on the core business activities of advising their clients but ensuring appropriate audit trails and evidence exists.
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