The first tranche of former Clarkson Hill advisers who joined Moneygate Group today received their CF30 authorisations from the FSA.
Moneygate is helping more than 30 former Clarkson Hill intermediaries regain FSA approval following their former company's slide into administration earlier this year.
It had unsuccessfully moved to acquire the assets of the national IFA, instead taking on a number of its advisers.
"We are delighted the initial group who joined us from Clarkson Hill have had their applications approved," Moneygate CEO Lee Hartley says.
"I think everyone is aware that all Clarkson Hill advisers are subject to a non‐routine application process and we clearly understand the reasons for this.
"These approvals shows the FSA is satisfied we not only have robust induction and supervisory processes, but that we also have extremely detailed due diligence relating to past performance."
Former Clarkson Hill regional manager Ian Smith adds: "We are so relieved to be trading again after what has been such a worrying time for our families and clients."
Merchant House successfully acquired a number of assets from Clarkson Hill before Christmas, but failed to secure a bulk transfer of its advisers.
Like Moneygate, it is also looking to recruit a number of former Clarkson Hill intermediaries as it seeks to launch a financial planning venture.
Clarkson Hill announced on 17 December it was going into administration following regulatory capital issues.
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