Almus Wealth Management Ltd

Reference number: 669130

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Appointed representative

This firm does not hold FCA authorisation of its own. It acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

Best Practice IFA Group Limited Reference number: 223112 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Almus Wealth Management Ltd (FRN 669130) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Almus Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Almus Wealth Management, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

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.

  • No website on the FCA register

  • Verified phone number

    020 3040 0131

  • Verified address

    We Work, 1 Fore Street Avenue, London, City Of London, EC2Y 9DT, United Kingdom

Also trades as
  • Almus Wealth

Company details

From the company's Companies House record.

Company number
09393696
Company status
Active
Company type
Private limited company
Incorporated
19 January 2015 (11 years old)
Registered office
Wework, 1 Fore Street Avenue, London, EC2Y 9DT, England
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Iain Alexander Fullarton Director Apr 1976 4 Apr 2025
Zena Mary Mcfadzean Director Feb 1976 4 Apr 2025

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Protection through the principal firm
    Protection works through Best Practice IFA Group Limited, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.

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.

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Common questions

Frequently asked questions

Is Almus Wealth Management Ltd FCA authorised?
Almus Wealth Management Ltd (FRN 669130) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Almus Wealth Management?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Almus Wealth Management Ltd (FRN 669130) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Almus Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Almus Wealth Management, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
Is my money safe with Almus Wealth Management?
Protection works through Best Practice IFA Group Limited, the principal firm responsible for Almus Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Almus Wealth Management a scam or clone?
Almus Wealth Management 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 Almus Wealth Management's Firm Reference Number (FRN)?
Almus Wealth Management's FRN is 669130. You can verify it on the FCA register.