Smythe House provides specialist wealth management and financial advisory service predominantly to city-based HNWI in banking, financial services, property and the professions.
The company said that it has also developed an innovative business model ahead of the impact of the Retail Distribution Review (RDR), in order to be able to deliver market-leading financial advice to clients who can claim professional status under the FSA rules.
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Richard Walker, a director at Smythe House and previously a senior investment banker with Barclays Capital, said: "Our growing client base is financially sophisticated and professionally successful. We are delighted to receive authorization from the FSA which will allow us to extend to our clients a range of investment products and opportunities suited to sophisticated investors.
"FSA authorization also provides confidence to our clients of the quality of our operations and commitment to on-going service," Walker said.
Compliancy Services had advised Smythe House for the management of their FSA application and on-going FSA Compliance issues.
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