Who We Support

TYPES OF APPOINTED REPRESENTATIVES

Businesses looking to become an Appointed Representative under our regulatory umbrella will likely fit into one of the below.

  • Corporate Finance Advisory Firms including placing without a firm commitment for capital raising
  • Investment Advisers, Investment Advisory Firms
  • Investment Advisers to Offshore Managers
  • Fund Distributors, Marketers and Introducers
  • Private Equity Firms
  • Alternative Investment Funds AIFM Sub-Threshold
CONTACT US FOR MORE INFORMATION

WHAT SHOULD I BUDGET FOR WHEN BECOMING AN APPOINTED REPRESENTATIVE?

All businesses are unique and require different levels of support, training and ongoing service, so we always provide a completely bespoke proposal to prospective clients.

In general, Frank Investments will charge a set-up fee which will depend upon the complexity of your firm and the number of people involved. This will include the due diligence we are required to undertake and the applications to the FCA for the firm and individuals. We then charge an ongoing monthly flat fee for use of our regulatory license and our compliance support and services, which will include mandatory training.

WHAT OTHER COSTS MAY ARISE?

Whether you use us or another provider, the other costs (external from the Compliance provider) usually associated with becoming an Appointed Representative will include: professional indemnity insurance cover (we can help you arrange this); regulatory exams if deemed appropriate; and legal fees with regard to the actual set-up and structure of your firm and your product. You will also need to pay fees to the FCA via Frank Investments for the regulated activity you conduct.

We are totally transparent with our fee structure and will inform you at the outset all costs involved.