Addressing the needs of start–up managers who are facing the increasing delays of FCA authorisation approvals, Laven Advisors, the regulated subsidiary of Laven Partners, has announced the launch of its new platform whereby UK-based investment managers will be able to conduct investment management activities under the MiFID-regulated umbrella.
The platform comes as a natural product development to the existing “Appointed Representative” service offered by Laven, which has been FCA regulated since 2005 and hosting clients conducting distribution and advisory activity in the UK.
Main Benefits
Who is it for?
Jerome Lussan, CEO of Laven Partners group, commented: “We have been adding this service as an answer to the market demand. The long FCA approvals process is causing barriers to entry for emerging managers, when our solution contributes to further develop the asset management industry in London, thanks to a streamlined and efficient onboarding process which lasts only a few weeks. With this offering, we are glad to further address yet another regulatory challenge and deliver a turnkey operational solution to entrepreneurs starting on a new business opportunity.”