FCA warns on unauthorised tech-focused wealth manager

Chester Financials is promoting services without permission

Isabel Baxter
clock • 1 min read

The Financial Conduct Authority (FCA) has warned that tech orientated wealth manager Chester Financials is unauthorised.

The watchdog warned that the Ipswich-based firm may be providing or promoting financial services or products without its permission. "You should avoid dealing with this firm and beware of scams," it added. "This firm is not authorised by us and may be targeting people in the UK." Chester Financials is a wealth manager that states it focuses on wealth creation, artificial intelligence, and digital assets. According to the firm's website, its proposed services are insured and involve Blockchain technology, with a primary interest in cryptocurrency trading, real estate investment, for...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Nine Edge Wealth makes second acquisition within a month of launching

Nine Edge Wealth makes second acquisition within a month of launching

Acquires Edinburgh-based Wealth Professional

Sophia Panayi
clock 09 April 2026 • 2 min read
Quilter gets FCA green light to offer targeted support

Quilter gets FCA green light to offer targeted support

Granted yesterday

Isabel Baxter
clock 08 April 2026 • 2 min read
The Private Office marks first acquisition in seven years

The Private Office marks first acquisition in seven years

Leeds planning firm adds £100m in AUM

Isabel Baxter
clock 08 April 2026 • 2 min read