Appointed Representative Services
Why become an Appointed Representative?
Navigating regulatory responsibilities can be a complex and challenging process, and ensuring full compliance with all requirements can be a daunting task. At Thornbridge, we’re committed to alleviating these burdens by providing a comprehensive suite of services that make accessing regulated activities both simple and cost-effective. By partnering with us as an appointed representative, you can outsource complex tasks to our team of experts, allowing you to focus on your core business and day-to-day operations with confidence and peace of mind.
Become a Thornbridge Appointed Representative and benefit from:
- Swift, efficient & cost effective set up
- Use of approved policies and procedures for governance and compliance
- Significantly lower ongoing compliance costs compared to full authorisation
- No regulatory capital requirements
- No requirement for fully audited accounts
Why Choose Thornbridge’s Appointed Representative Services?
At Thornbridge, we are dedicated to ensuring that your business remains compliant while also providing the necessary tools to help you achieve success. We pride ourselves on our boutique culture, which fosters a team of experts with a can-do attitude. Our solutions are customised, adaptable, and cost-effective, allowing us to meet the unique needs of your business. Our team is comprised of highly knowledgeable professionals with decades of experience in the financial services industry. Let us help you achieve your goals and ensure your compliance needs are met with confidence.
What we do
Thornbridge allows its regulatory permissions to be used by your firm to enable you to carry out investment business whilst retaining your own identity, ownership and control. Your firm will become an appointed representative of Thornbridge which acts as the host or principal firm. Thornbridge in turn offers your firm regulatory and compliance solutions that help reduce administrative and cost burdens. This service is sometimes referred to as regulatory hosting or umbrella services.
We work with ambitious, forward-thinking businesses looking for support with meeting their compliance obligations to pursue commercial opportunities, while cementing our support in the pragmatic, accessible and efficient style we are known for.
Appointed Representative FAQ
The Appointed Representative regime offers compliant and efficient access to the regulated market, with a right-size approach to compliance. The ‘AR’ can benefit from the expertise and oversight of the principal firm. Many responsibilities, such as regulatory reporting and capital requirements, become the responsibility of the principal firm. Over time, a firm may go on to apply for direct authorisation, which Thornbridge can assist with on a compliance consultancy basis.
When an appointed representative is appointed as the investment advisor to a fund, Thornbridge will receive advice on the fund from the AR. The AR can pass the trade instructions to Thornbridge to execute or Thornbridge can formally second in individuals from the AR to execute trades. Further information about investment advisory and fund management services is available on the relevant pages.
The scope of activity an Appointed Representative is permitted to undertake will be agreed with the principal firm and set out in an agreement. The principal firm extends the relevant regulatory permissions for the agreed activity and specified type of client. The appointed representative can conduct regulated activity with oversight by the principal, build direct relationships with clients and will appear on the FCA Register.
“Thornbridge allow us to carry out regulated activities without us being directly authorised by the FCA. The knowledge and expertise they bring to the table make them an invaluable asset to the business.”