Concept Wealth Limited

Reference number: 935289

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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.
  • Concept Wealth Limited (FRN 935289) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Concept Wealth's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Concept 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 name
CONCEPT WEALTH LTD
Company number
12871098
Company status
Active
Company type
Private limited company
Incorporated
10 September 2020 (5 years old)
Registered office
Office 2 Rutledge Mews, 1 Southbourne Road, Sheffield, S10 2QN, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Current directors and secretaries

Name Role Born Appointed
Matthew Ian Daughtrey Director Oct 1971 10 Sep 2020
Robert Ian Mitchell Director Jul 1970 10 Sep 2020

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 Concept Wealth Limited FCA authorised?
Concept Wealth Limited (FRN 935289) 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 Concept 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. Concept Wealth Limited (FRN 935289) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Concept Wealth's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Concept 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 Concept Wealth?
Protection works through Best Practice IFA Group Limited, the principal firm responsible for Concept Wealth's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Is Concept Wealth a scam or clone?
Concept 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 Concept Wealth's Firm Reference Number (FRN)?
Concept Wealth's FRN is 935289. You can verify it on the FCA register.