At Thom Tax, we understand the uncertainty and anxiety that can arise when a financial firm like Advanced Financial Management (AFM) appears on the Financial Services Compensation Scheme (FSCS) failed firms list. Our dedicated team of claims recovery specialists is committed to guiding you through this complex process with compassion, transparency, and expertise.
Navigating financial regulatory challenges can be overwhelming, but you are not alone. We specialise in helping investors and customers understand their rights, assess potential compensation, and take strategic actions to protect their financial interests. Our approach combines deep regulatory knowledge with a client-first methodology, ensuring you receive personalised support during this challenging time.
Advanced Financial Management Background
Advanced Financial Management (AFM) was a regulated financial services firm registered with the Financial Conduct Authority (FCA) under Firm Reference Number 424392. Established on 29 May 2014, the company operated within the financial services sector with an initial ‘Approved by regulator’ status.
Throughout its operational history, AFM was subject to comprehensive FCA oversight, including individual requirements, permissions, and regulatory monitoring. The firm’s complex regulatory landscape suggests multiple transitions and potential governance challenges that ultimately led to its appearance on the FSCS failed firms list.
Key contextual details about AFM include its changing regulatory approvals, mixed individual staff certifications, and the potential for underlying compliance or operational issues that prompted increased regulatory scrutiny. These factors contributed to the uncertainty surrounding the firm’s financial stability and ultimate regulatory status.
Leadership
AFM’s leadership structure was characterized by several key personnel with varied regulatory statuses:
1. Richard John Walker-Gunns (Primary Contact)
– Regulatory Status: Approved by regulator
– Certified by firm
– Individual Reference Number (IRN): RJW01241
2. Anthony David Oaten
– Regulatory Status: Certified/Assessed by firm
– Individual Reference Number (IRN): ADO00002
3. Additional Key Personnel (No Longer Requiring Regulatory Approval):
– Mark Ian Warner
– Cathryn Grace Brookes
– Andrew John Vanstone
The leadership team’s mixed regulatory statuses and potential changes in individual approvals suggest a complex internal governance environment that may have contributed to the firm’s eventual regulatory challenges.
Current Reglatory Concerns
The current regulatory landscape for Advanced Financial Management reveals several critical considerations for affected investors and customers:
1. Regulatory Risk Assessment
– Ongoing FCA oversight and potential compliance investigations
– Heightened scrutiny of the firm’s operational practices
– Potential historical governance inconsistencies
2. Investor Protection Mechanisms
– FSCS involvement indicates potential compensation pathways
– Enhanced transparency requirements
– Structured support for affected customers
3. Recommended Risk Mitigation Strategies
– Comprehensive documentation retention
– Independent verification of financial interactions
– Proactive engagement with regulatory bodies
– Continuous monitoring of official FCA communications
While no definitive investigation outcomes are currently available, the regulatory complexity suggests a nuanced environment requiring careful, strategic navigation.
Claims Support
Thom Tax offers comprehensive claims support designed to transform your uncertainty into actionable steps:
1. Initial Consultation
– Free, confidential assessment of your specific situation
– Detailed review of your interactions with Advanced Financial Management
– Preliminary evaluation of potential compensation eligibility
2. Documentation Preparation
– Guided assistance in collecting and organizing relevant financial records
– Expert support in completing necessary FSCS claim documentation
– Comprehensive review to ensure accuracy and completeness
3. Claims Submission Process
– Strategic claims management
– Direct communication with regulatory bodies
– Ongoing status tracking and updates
4. Post-Submission Support
– Continued guidance throughout the compensation process
– Regular communication and transparent progress reporting
– Additional advisory services as needed
Our goal is to simplify this complex process, providing you with professional, empathetic support every step of the way. We transform regulatory challenges into clear, manageable pathways towards potential compensation and financial resolution.
