FCA compliance & business support
in Richdale’s safe hands!

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WHY BECOME AN APPOINTED REPRESENTATIVE?

Save time and money.

Become an Appointed Representative and start trading with Richdale as your Principal firm within days.

Stay in the driving seat.

Let your dedicated Richdale Account Manager and Compliance Officer oversee the compliance process, so you can focus on building your customer base and developing a valuable asset.
Cost-effective in-house alternative.

As a start-up or small broker firm, employing an in-house compliance officer very often simply doesn’t make financial sense. Outsource oversight of your compliance requirements to Richdale and let us help you grow.

Gain industry experience and grow.

As an Appointed Representative of Richdale, you can learn your trade, develop your skills, build your brand and corporate identity, increase your understanding of the marketplace and grow your business, with the peace of mind that you are doing so compliantly. Equipped with this experience and armed with confidence you may also then decide to move to being Directly Authorised with the FCA.

RICHDALE’S APPOINTED REPRESENTATIVE PROPOSITION

For financial services providers that are not Directly Authorised (DA) with the Financial Conduct Authority (FCA) but have embarked on, or a looking to embark on, a rewarding career within the financial services industry as Mortgage, Protection or General Insurance brokers, you have the opportunity to join Richdale as an Appointed Representative.

As the Principal firm, we will be responsible for the compliance of your ongoing operations from your FCA registration and beyond. We will work closely with you to establish and implement appropriate processes within your day to day business conduct to ensure that you are adhering to a robust and accountable compliance system, which is designed with you and your clients at its very core.

With our team’s considerable combined expertise in FCA compliance across the Mortgage, Protection and General Insurance sectors of the UK Financial Services Industry, Richdale offers a cutting edge and supportive network for aspiring brokers.

Get in touch for a no-obligation consultation

Our team are delighted to offer an impartial consultation on your compliance requirements, with no obligation to sign up to any of our services.

Request a consultation

THE MANY BENEFITS OF BECOMING AN APPOINTED REPRESENTATIVE OF RICHDALE

We pride ourselves on providing a personal touch and making the compliance process as simple and stress free as possible. Whether you are just starting out, or an experienced adviser looking for extra compliance support we have the perfect solution for you.

Included in our Appointed Representative package:

We will take care of all the necessary paperwork with the FCA to get you set up as an AR and provide you with the required permission.

We will create all the necessary procedural documentation to enable you to begin trading in a seamless fashion, including your Terms of Business Agreement (TOBA), Email/Letter Templates, Application Forms and Fact Finds. We will help you set up compliant Stationary and ensure your Website or Marketing is set up compliantly – all tailored to your firm’s individual requirements.

We will provide you with the initial training required to get your authorisation to start trading, including all the necessary steps in the advisory and operations process, guidance documents and a procedure manual which will be available to you, and kept up-to-date in line with any regulatory developments.

We will provide you with the necessary facilities to ensure that you maintain the necessary level of continued professional development and competency (CPD) as required by the FCA.

You will receive 24/7 access to our online Portal and Shared drive, subscriptions to leading Protection and Mortgage product sourcing software and Client Verification and Sanctions systems to enable you to screen and identify clients.

You will receive all the support you will need to advise on and arrange mortgage, protection and general insurance products and services to individual and corporate clients alike.
As a member of the Richdale Network, you will have access to a wide range of Richdale approved lenders, protection and general insurance providers from across the whole of market, including many niche lenders and insurers. This will help ensure that you can cater all of your clients’ needs.

You will have a dedicated Account Manager and Compliance Officer who will provide the required training and guidance throughout starting with the initial training and then ongoing monitoring.

You will receive ongoing administrative, compliance and procedural support and regular reviews, to help you stay on track and to progress to the next level.

You will receive full accounts support to make sure any commissions and procuration fees are received, and that you are paid promptly (we pay within 48 hrs), with regular statements provided.

You will receive a competitive benefits package with defined, progressive performance levels rewarding advisors according to the standard of their compliance, procedural and business

This could also be the perfect stepping stone in your financial services career to becoming Directly Authorised (DA) whilst continuing to benefit from our ongoing compliance services as a DA client.

Get More Information On Becoming
An Appointed Representative

PREPARATION FOR DIRECT AUTHORISATION WITH THE FCA

Over time, our team can work with you to prepare your business to apply for Direct Authorisation with the FCA. We will guide you throughout this entire process and ensure that you obtain successful authorisation, and ongoing Compliance support and guidance as a Directly Authorised Firm in your own right.

Whatever path you choose, whether you move on to being Directly Authorised or remain an Appointed Representative you will be safe in the knowledge that you have the Richdale team by your side.

MORTGAGE

 

PROTECTION

 

GENERAL INSURANCE

 

CONSUMER CREDIT

 

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