Above all else that means having a proactive advocate in your corner that fully understands the complexity of running a modern Adviser business is paramount. Setting up and running your own FAP takes time and, capital investment. But it is worth it in the long run if you keep things simple and have access to great systems and support.
Newpark provides an incubator for Advisers that wish to obtain their own Financial Advice Provider (FAP) licence and maintain compliance by: