Abacus Wealth Management Group Limited

Reference number: 1051529

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Appointed representative

This firm does not hold FCA authorisation of its own, and acts under a principal firm, which is legally responsible for its regulated business.

Responsible principal firm

St. James's Place Wealth Management Plc Reference number: 195351 Authorised View firm →
What does this mean?
  • An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct.
  • Abacus Wealth Management Group Limited (FRN 1051529) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Abacus Wealth Management Group's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Abacus Wealth Management Group, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances.
  • Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks, 1 thing worth a closer look

  • When abacuswm.co.uk first appeared online, and whether it can receive email
  • What kind of line 07825 986616 is
  • Whether NE1 2HF is a shared office: 26 other firms give it
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • Abacus Wealth Management Trading name

FCA permissions and consumer protection

  • Protection through the principal firm
    Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for this firm's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
16912830
Company status
Active
Company type
Private limited company
Incorporated
15 December 2025 (less than a year old)
Registered office
3a Blue Sky Way, Monkton Business Park South, Hebburn, Tyne And Wear, NE31 2EQ, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Mitchell Matthew Forster Director Sep 1989 15 Dec 2025 None
Julie Forster- White Director Aug 1966 2 Apr 2026 None
Ian Roy White Director Jun 1960 2 Apr 2026 13 other companies

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
13
closed down
9
still active
4

In the full report: all 13 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
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Key dates in its history

Abacus Wealth Management Group’s history from the FCA register and Companies House, newest first.

Key events (4) All events (8)

2026

2 April 2026

  • Ian Roy White became a part-owner (25–50% of shares)

Companies House · FCA register

5 March 2026

  • Became an appointed representative

FCA register

2025

15 December 2025

  • Incorporated at Companies House
  • Mitchell Matthew Forster became the majority owner (50–75% of shares)

Companies House

In the full report: all 8 events

  • All 8 events in its history (4 shown here)
  • Every director appointment and resignation: 3
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Firms like Abacus Wealth Management Group

Other firms of the same type (financial adviser), nearest first.

In Newcastle

Hattersley Financial Planning LtdNewcastleAppointed representativeMinerva Financial Solutions LimitedNewcastleAppointed representativeRichard Davenport + Jemma DavenportNewcastleAppointed representativeSeven Stars Private Wealth LimitedNewcastleAppointed representativeBRB Wealth Management LimitedNewcastleAuthorisedCharterhouse Financial LimitedNewcastleAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Abacus Wealth Management Group

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 13 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 8 events in its history

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Frequently asked questions about this firm

Is Abacus Wealth Management Group Limited FCA authorised?
Abacus Wealth Management Group Limited (FRN 1051529) is not directly authorised. It is an appointed representative acting under the responsibility of a directly authorised principal firm.
What does appointed representative mean for Abacus Wealth Management Group?
An appointed representative (AR) can carry out regulated financial services, but is not directly authorised by the FCA. A principal firm holds the authorisation and is legally responsible for the AR's conduct. Abacus Wealth Management Group Limited (FRN 1051529) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Abacus Wealth Management Group's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Abacus Wealth Management Group, complaints and compensation usually follow the same rules as dealing with the principal, but this depends on the product and your circumstances. Before you proceed, confirm contact details match the official FCA register for both firms. Scammers sometimes clone legitimate AR names and FRNs but use fake phone numbers and websites.
What is Abacus Wealth Management Group’s phone number and website?
The FCA register lists the phone number 07825 986616 and the website abacuswm.co.uk for Abacus Wealth Management Group. If you were given different contact details, use these to check with the firm before going any further.
Is Abacus Wealth Management Group a scam or clone?
Abacus Wealth Management Group is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Abacus Wealth Management Group?
Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for Abacus Wealth Management Group's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Abacus Wealth Management Group?
Companies House lists 2 people with significant control of Abacus Wealth Management Group: Mr Mitchell Matthew Forster (50–75% of shares) and Mr Ian Roy White (25–50% of shares).
Who runs Abacus Wealth Management Group?
Companies House lists 3 directors of Abacus Wealth Management Group: Mitchell Matthew Forster, Julie Forster- White and Ian Roy White.
How long has Abacus Wealth Management Group been in business?
The company was formed on 15 December 2025.
Does Abacus Wealth Management Group use any other names?
It trades as Abacus Wealth Management.

Sources and links

The full report on Abacus Wealth Management Group Limited

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