Financial Services Register: Who Qualifies and What You Get
Learn how the Financial Services Register provides legal authorization for firms and advisors to provide financial advice in the UK.
The Financial Services Register is the official list used to verify that a firm or individual is legally allowed to provide financial services.
Who it's for
This register is for all regulated financial firms and professional advisors operating within the United Kingdom.
What you get
Being listed on the register provides you with the legal authorization required to provide financial advice to clients.
What it costs you
Maintaining your status on the register involves paying annual fees. You are also required to meet strict continuous professional development (CPD) requirements to ensure your skills and knowledge remain up to date.
The catch to know
For anyone looking to hire an advisor, the most important step is to check the register first. Verifying a firm's status on the list is the essential first step in performing due diligence on a new client or provider.
How to apply
- Visit the official register portal.
- Follow the registration process for firms and advisors.
- Maintain your status by paying fees and meeting training requirements.