Below are details of FEIFA member firms who can assist UK advisers with clients in the EU, listed alphabetically.
With regards to the “Ways we can assist” category below, the following information will be useful:
Network: the EU-based company has a formal network structure in place, passported to the countries detailed lower down in its entry. This will tend to be an appropriate approach where the number of clients and/or their value to the UK firm makes a long-term solution appealing or a necessity. It may also be relevant where the UK firm wishes to expand its operation within the EU.
Umbrella: the EU-based company can provide a regulatory licence to the UK adviser/advisory firm, the latter effectively operating as an AR of the EU firm. Once again, this will tend to be an appropriate approach where the number of clients and/or their value to the UK firm makes a long-term solution appropriate. As above, it may also be relevant where the UK firm wishes to expand its operation within the EU.
B2B: the UK firm and the EU company agree a relationship to manage the clients financial affairs. In essence, the EU adviser officially provides the advice to the client but the UK firm is “overseeing it” on a B2B basis. This is likely to be an appropriate approach where there are only a few clients concerned and the objective is for the EU advisory firm to eventually fully take over the relationship with those clients within a pre-planned timescale. In the meantime, it provides some continuity and comfort for the client.