NOVA Wealth Ltd

Reference number: 778951

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Also trades as
  • NOVA
  • Octopus Wealth

Company details

From the company's Companies House record.

Company number
10739796
Company status
Active
Company type
Private limited company
Incorporated
25 April 2017 (9 years old)
Registered office
20 Farringdon Street, London, EC4A 4AB, England
Nature of business
  • Business and domestic software development (SIC 62012)
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Andrew Lawley Mcmillan Director Jun 1989 13 Nov 2019
Joseph Anthony Alexander Mclean Director Jul 1985 13 Nov 2019

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money · Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Advise on or arrange mortgages · Arrange equity release FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (18 permissions)
  • Acting as a CBTL advisor
  • Acting as a CBTL arranger
  • Advising on a home reversion plan
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Advising on Pension Transfers and Pension Opt Outs
  • Advising on regulated mortgage contracts
  • Arranging (bringing about) a home reversion plan
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Arranging safeguarding and administration of assets
  • Credit Broking
  • Dealing in investments as agent
  • Debt-counselling
  • Making arrangements with a view to a home reversion plan
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments
  • Providing basic advice on stakeholder products

Limits on what they may do

  • Unable to hold client assets for MiFID activities
    Unable to hold client money or safeguard and administer assets (without arranging) in relation to any investment services and activities (to which MiFID applies)

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Previously registered as

The FCA register holds 2 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Carib Planning Limited
  • Octopus Wealth Limited

Names it no longer trades under

This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired name
  • Octopus & Co

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Common questions

Frequently asked questions

Is NOVA Wealth Ltd FCA authorised?
Yes, NOVA Wealth Ltd (FRN 778951) is authorised by the FCA to carry out regulated activities.
Is my money safe with NOVA Wealth?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about NOVA Wealth to the Financial Ombudsman Service, free of charge.
Is NOVA Wealth a scam or clone?
NOVA Wealth is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is NOVA Wealth's Firm Reference Number (FRN)?
NOVA Wealth's FRN is 778951. You can verify it on the FCA register.