Firmlane is a new service proposition that supports standalone independent financial advice firms to operate as an Appointed Representative and access back-office and compliance services. For established firms that are seeking to outsource their regulatory responsibilities while maintaining their current operating model and client proposition, Firmlane can support their objectives.
Regulatory Authorisation
Firm due diligence and FCA authorisation as an Appointed Representative including preparing and submitting the required FCA application and supporting the approval process for advisers as directors/partners and advisers (CF30s).
Compliance Framework
Advice and compliance framework to support regulatory compliance and positive client outcomes including templates, guidance library, policies, procedures, advice requirements, manuals, guidance and supporting materials.
Compliance Monitoring
Ongoing supervision and oversight to support compliant financial advice that may include periodic reviews of proposition, financials, systems and controls, as well as file reviews and, where required, pre-approval of advice or transactions.
Compliance Support
Dedicated compliance support and helpdesk to support advice, client and compliance-related queries and financial promotion approvals.
PI Insurance
Extensive and stable Professional Indemnity Insurance framework and Professional Indemnity Insurance policy providing cover and all complaint handling and associated matters.
Provider Agency Network
Establishment and management of provider and platform relationships, due diligence and data-feeds including agencies and sub-agencies with approved providers and platforms.
Revenue Reconciliation
Processing and reconciliation of all fee, commission and remuneration income arising from regulated services and detailed reporting by firm, adviser and provider.
Training & Competency
Training and competency framework including reviewing adviser qualifications, experience, SPS certificates, CPD records, CAS status and any relevant training and remediation.
Firmlane 
