Bancroft Wealth LTD

Reference number: 921443

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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

BeaconIFA Limited Reference number: 566890 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.
  • Bancroft Wealth LTD (FRN 921443) is an AR of BeaconIFA Limited (FRN 566890). When you use Bancroft Wealth's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Bancroft Wealth, 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.

Company details

From the company's Companies House record.

Company number
12419397
Company status
Active
Company type
Private limited company
Incorporated
22 January 2020 (6 years old)
Registered office
Osbaston House, Osbaston, Monmouth, NP25 5DL, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Sophie Louise Bowe Director Jul 1989 23 Feb 2022

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 BeaconIFA 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 Bancroft Wealth LTD FCA authorised?
Bancroft Wealth LTD (FRN 921443) 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 Bancroft Wealth?
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. Bancroft Wealth LTD (FRN 921443) is an AR of BeaconIFA Limited (FRN 566890). When you use Bancroft Wealth's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Bancroft Wealth, 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 Bancroft Wealth?
Protection works through BeaconIFA Limited, the principal firm responsible for Bancroft Wealth's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Bancroft Wealth a scam or clone?
Bancroft 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 Bancroft Wealth's Firm Reference Number (FRN)?
Bancroft Wealth's FRN is 921443. You can verify it on the FCA register.