The History of Richdale Consultants
The Financial Conduct Authority (FCA) was established in April 2013 in order to regulate wholesale and retail financial services firms. Since then, the manner in which financial services are provided has evolved and been adapted to the benefit of the consumer.
On the flip side, the regulatory requirements that have enhanced the integrity of firms in the financial service sector, have resulted in a growing number of firms being subject to enforcement actions simply due to their failure to appreciate and understand the strong link between compliance and providing the financial services.
Meet Jacob Bernstein: Founder of Richdale Consultants Ltd & Richdale Brokers and Financial Services Ltd
Jacob witnessed first-hand the difficulties that financial service providers faced with maintaining their FCA compliance and subsequently developed ‘The Richdale Journey’ back in 2015. This unique, client-focused approach supports financial services providers in every step of their journey, either as a Directly Authorised firm by way of compliance and operational support or as an Appointed Representative by way of our cutting-edge online platform.
Our compliance consultants offer a personal and comprehensive “in-house alternative” service to clients in the following areas:
- Mortgage Lenders and Consumer Credit Providers
- Mortgage, Protection and General Insurance Brokers
- Insurance Intermediaries
- Alternative Investment Fund Managers
- Payment Services Providers
The Richdale Philosophy
At the heart of our business is a commitment to ensuring all financial service providers, at every stage of their career, are suitably equipped to offer their clients the highest levels of service.
Instead of simply sitting back and advising, we’re prepared to “get our hands dirty” and undertake all of the regulatory compliance and design operational processes and structures that future-proof your firm’s compliance.
We also pride ourselves on the added-value services we can offer our Directly Authorised and Appointed Representative clients, with training, development and other services available via our cutting-edge platform.
Honesty is always the best policy when it comes to external regulation support too. While some networks will offer a simple ‘yes’ or ‘no’ as they aren’t prepared to take on the risk, at Richdale we are 100% transparent and explain the reasoning behind our ‘yes’ or ‘no’ answers; revealing why certain regulations are a grey area for our team to handle.
Get in touch for a free, no-obligation consultation
Our team are delighted to offer a free, impartial consultation on your compliance requirements, with no obligation to sign up to any of our services.
Simply call our friendly and experienced team on +44 (0)20 7781 8019 or drop us a line via our online enquiry form to get the ball rolling.