Information on names and FRNs of firms - August 2024

The names and FRN's of all firms currently regulated by FCA (as at June 2024) separated into the following firm categories:
•    Financial adviser
•    Investment manager
•    Stockbroker
•    Insurance intermediaries
•    Mortgage brokers.
For financial adviser firms, investment managers and stockbrokers, please could you also provide the number of staff within each firm that give advice on retail investment products, as per their latest fully completed RMAR Section G.

We can confirm that we hold the information that you have requested, which can be found in Annex A-H.

Part 1 of your request:

When considering this information, please note that the firms falling within the above categories can hold a wide range of permissions depending on the activity/ies they undertake so we have extracted the lists of firms based on the permission/s most likely to be held by a firm falling with a specific category. For this purpose, the following permission/s have been used to determine the list of firms within each category:

Financial advisers

• Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Retail Investment
• Advising on P2P agreements
  • Retail Investment
• Advising on Pension Transfers and Pension Opt Outs
  • Retail Investment

(b) Wealth managers and stockbrokers

• Advising on investments (except on Pension Transfers and Pension Opt Outs) (Customer Type: Retail Investment)
• Managing investments (Customer Type: Retail Investment)
• Making arrangements with a view to transactions in investments (Customer Type: Retail Investment)

(c) Investment managers

• Managing investments

• Managing an authorised AIF

• Managing an unauthorised AIF

• Managing a UK UCITS

• Establishing, operating or winding up a CIS

(d) Insurance intermediaries

• Advising on investments
  • Retail (Non-Investment Insurance)
• Arranging (bringing about) deals in investments
  • Non-investment insurance contracts
  • Retail (Non-Investment Insurance)
• Assisting in the administration and performance of a contract of insurance
  • Non-investment insurance contracts
  • Retail (Non-Investment Insurance)
• Dealing in investments as agent
  • Non-investment insurance contracts
  • Retail (Non-Investment Insurance)
• Making arrangements with a view to transactions in investments
  • Retail (Non-Investment Insurance)
  • Non-investment insurance contracts

(e) Mortgage brokers

• Advising on regulated mortgage contracts

• Arranging (bringing about) regulated mortgage contracts

• Making arrangements with a view to regulated mortgage contracts

Please note that mortgage lenders will also hold the above permissions. In order to provide you with a list of mortgage brokers only, we have removed from the list any firm that also holds the permissions traditionally associated with a mortgage lender, i.e. 'entering into a regulated mortgage contract as a lender' and 'administering a regulated mortgage contract'.

Part 2 of your request:

For the list of firms provided above that fall into the categories of Financial Advisers, Investment Managers and Stockbrokers, we have extracted the firms' most recent RMA-G submission. The number of employees that give advice on retail investment products is submitted under question 2C of RMA-G. We have included the corresponding Period End Date of the firm's most recent submission (where a submission exists). Please note, a ‘NULL’ value in the rma_g_2c column can arise if 2C was left blank in the firm's most recent submission. If the Period End date has a NULL value, the firm has not submitted RMA-G.

Please note, the data contained in this extract is accurate as at 16 August 2024.