FCA warns of Coutts clone

Clone firm trying to convince individuals it is genuine, regulator flags

Isabel Baxter
clock • 1 min read

The Financial Conduct Authority (FCA) has warned that fraudsters are copying the details of Coutts and have contacted individuals while pretending to be the firm.

The regulator said fraudsters under the firm name Coutts Wealth Management have used the false details of legitimate wealth management firm Coutts & Company and have given out false details, including email addresses, telephone numbers, postal addresses and firm reference numbers. According to the warning posted, the clone firm has used the emails [email protected], and [email protected]. The FCA warned that clone firm Coutts Wealth Management is not authorised, and fraudsters copy the details of authorised firms to "convince people that their firm is ge...

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

Ex-Verso WM duo set up 'values-led' North West advice firm

Ex-Verso WM duo set up 'values-led' North West advice firm

Lydia Taft and Michael O’Neil launch Next Step Financial Planning

Sophia Panayi
clock 16 September 2026 • 3 min read
Fintel targets 35% margin as Plannr pipeline runs into thousands of licences

Fintel targets 35% margin as Plannr pipeline runs into thousands of licences

CEO Matt Timmins bullish on Plannr’s growth

Isabel Baxter
clock 15 September 2026 • 5 min read
Former Ascot Lloyd planning director launches advice firm

Former Ascot Lloyd planning director launches advice firm

Cera Taylor launches 123-Wealth

Sophia Panayi
clock 14 September 2026 • 2 min read