Alvarium Fund Managers (UK) Limited

Reference number: 751355

Instant download

Authorised, but in an insolvency process

This firm is under the control of insolvency practitioners and may have stopped taking on new business. If you are or were a customer, deal with the appointed office holders rather than the firm.

What the FCA says

ATTENTION - Firm in an insolvency process

This firm is in an insolvency process. It is under the control of the appointed insolvency office holder(s) and may have stopped taking on new business. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. If you are/were a customer check how this affects you with the firm or the appointed insolvency office holder(s).

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.

  • No website on the FCA register

  • Phone number

    0121 610 0120

  • Address

    Matthew Mawhinney and David Philip Soden, C/O TENEO FINANCIAL ADVISORY LIMITED, The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT, United Kingdom

In the full report: 2 background checks

  • What kind of line 0121 610 0120 is, and the other firm that gives it
  • Who else gives the postcode B4 6AT
Instant PDF download
Other names (7)

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

  • Alvarium Trading name: A name it trades under now.
  • LJ Administration (UK) Limited Former name: A name it was registered under before.
  • AlTi Tiedemann Global Former trading name: A name it used to trade under.
  • Alvarium Investments Former trading name: A name it used to trade under.
  • Alvarium Tiedemann l AlTi Former trading name: A name it used to trade under.
  • LJ Group Former trading name: A name it used to trade under.
  • LJ Partnership Former trading name: A name it used to trade under.

Past FCA permissions and consumer protection

  • In an insolvency process
    Money the firm held is returned through the appointed office holders, which takes time and can fall short. The FSCS covers eligible claims up to its limits, and the Ombudsman can still look at a complaint.
Show FCA detail (9 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Arranging safeguarding and administration of assets
  • Dealing in investments as agent
  • Establishing, operating or winding up a collective investment scheme
  • Making arrangements with a view to transactions in investments
  • Managing an authorised AIF
  • Managing an unauthorised AIF
  • Managing investments

Limits on the record

  • No New Business
    1. The Firm must not, without prior written consent of the FCA: a. where the Firm acts as Alternative Investment Fund Manager (‘AIFM’) or an Authorised Corporate Director (‘ACD’), for or on behalf of any fund, accept any new investors or accept any additional investor capital; b. establish, become the ACD or an AIFM of, or take on the management of any funds; c. conduct any new business in relation to the following regulated activities under the Firm’s Part 4A permission: to advise, deal in investments as agent, manage investments, make arrangements and/or arrange deals in investments, arrange safeguarding and administration of assets, establish, operate or wind up a CIS and/or agree to carry on a regulated activity. d. seek to act as a regulatory Principal nor appoint any Appointed Representatives; and e. appoint or act as an investment manager for, or on behalf of, any AIFM or fund. Effective date 2. The Requirements are to take effect immediately on their acceptance by the Authority and notification of such to the Firm by email. 3. The Requirements will stay in effect unless and until varied or cancelled by the Authority (either on the application of the Firm or of the Authority’s own volition).
  • Asset Requirement
    1. The Firm must not, other than in the ordinary course of business or without the prior written consent of the Authority, in any way dispose of, withdraw, transfer, deal with or diminish the value of any of its own assets (whether in the United Kingdom or elsewhere). 2. The assets requirement does not apply to monetary payments or the disposal of assets made by the Firm in the ordinary course of business. For the purposes of paragraph 1, the Authority considers that the following would be in the ordinary course of business: a. transactions giving effect to instructions initiated by clients of the Firm, other than any clients that are also the Firm’s controllers, members, officers or employees; b. payments of funds to the Firm’s suppliers or other third parties in satisfaction of the Firm’s contractual and/or legal obligations (including but not limited to payments of or on account of professional fees or expenses, including but not limited to legal, compliance and/or other professional fees or expenses of any professionals or consultants appointed by the Firm to advise in connection with its restructuring/wind down or otherwise); c. usual and proper salary payments made by the Firm; and d. the transfer or disposal of any of the Firm’s or its fund’s investment management agreements to any third party, provided that (a) the Firm gives the Authority no less than five working days’ prior written notice of any such transfer or disposal, such notice to include details of the investment management agreements to be transferred or disposed and the details of any counterparty, and (b) the Authority provides its written consent to the Firm for such a disposal. 3. For the purposes of paragraph 1, the Authority considers that the following payments would not be regarded as payments made in the ordinary course of business: a. payments of unusual or significant amounts to the Firm’s controllers, members, officers, employees or any connected persons (which shall include any management or performance fees); b. the making of any capital distribution; and c. the making of any gift or loan by the Firm to any party. Effective date 4. The Requirements are to take effect immediately on their acceptance by the Authority and notification of such to the Firm by email. 5. The Requirements will stay in effect unless and until varied or cancelled by the Authority (either on the application of the Firm or of the Authority’s own volition).
  • Reporting requirements
    1, The Firm must, as soon as possible, provide the Authority with its calculations of the following figures: a. the amount incurred over and above the expense cap on the Home Long Income Fund (“The Fund”); and b. the amount of fees that have been overcharged to the Fund. 2. The Firm must, by 12pm Friday every fortnight, provide the Authority with copies of the Firm’s bank accounts. 3. The Firm must, by 12pm Friday every fortnight, provide the Authority with written confirmation that it is adhering to the Requirements in this VREQ. Effective date 4. The Requirements are to take effect immediately on their acceptance by the Authority and notification of such to the Firm by email. 5. The Requirements will stay in effect unless and until varied or cancelled by the Authority (either on the application of the Firm or of the Authority’s own volition).
  • This firm may handle your money in passing but must not hold it, so payments should go to the product provider, never to a personal account.
One supervisory condition set by the FCA

These are conditions the FCA places on the firm itself, covering things like capital it must hold and what it must report. They do not change what the firm may do for you.

  • CPMI Requirement
    The firm is only permitted to carry on the activities specified in FUND 1.4.3R (1) to (6) or any successor provision

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.

Concerns on the company record

  • Companies House records this company in administration, but it is still authorised on the FCA register.
  • Accounts are overdue at Companies House.
  • Confirmation statement is overdue at Companies House.
  • This company has insolvency history on record.
Company status
Administration
Company type
Private limited company
Incorporated
18 December 2015 (10 years old)
Registered office
C/O TENEO FINANCIAL ADVISORY LIMITED, The Colmore Building 20 Colmore Circus Queensway, Birmingham, B4 6AT
Nature of business
  • Activities of other holding companies not elsewhere classified (SIC 64209)

Key dates in its history

Alvarium Fund Managers (UK)’s history from the FCA register and Companies House, newest first.

2024

3 April 2024

  • FCA imposed a requirement (Asset Requirement)
  • FCA imposed a requirement (No New Business)
  • FCA imposed a requirement (Reporting requirements)

FCA register

2023

20 December 2023

  • Alti Asset Management Holdings 2 Limited took control (75–100% of shares)
  • Alti Po Limited gave up control

Companies House

2020

11 August 2020

  • Changed its registered name from "LJ Administration (UK) Limited"

FCA register

2016

28 December 2016

  • Regulated by the FCA from this date
  • FCA imposed a requirement (CPMI Requirement)
  • FCA imposed a requirement (May control but not hold client money)
  • Became authorised by the FCA

FCA register

7 November 2016

  • Alti Po Limited took control (75–100% of shares)

Companies House

2015

18 December 2015

  • Incorporated at Companies House

Companies House

In the full report: all 72 events

  • All 72 events in its history (12 shown here)
  • Every director appointment and resignation: 46
Instant PDF download

Firms connected to Alvarium Fund Managers (UK)

Other FCA-listed firms that share a director, phone number or address with Alvarium Fund Managers (UK). A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share its phone number
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same phone number (1), the same postcode (1)
  • Who links it to this firm: the named directors, with dates
Instant PDF download

Firms like Alvarium Fund Managers (UK)

Other firms of the same type (investment or fund manager), nearest first.

In Birmingham

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 Alvarium Fund Managers (UK)

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

  • 2 background checks on its contact details
  • All 72 events in its history
  • 1 connected firm, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Alvarium Fund Managers (UK) Limited FCA authorised?
Yes, Alvarium Fund Managers (UK) Limited (FRN 751355) is authorised by the FCA to carry out regulated activities. It is also in an insolvency process, under the control of insolvency practitioners, so deal with the appointed office holders rather than the firm. It has held its current authorisation since December 2016 and works as an investment or fund manager. The FCA has placed 4 limits on what it may do.
What is Alvarium Fund Managers (UK)’s phone number?
The FCA register lists the phone number 0121 610 0120 for Alvarium Fund Managers (UK). If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Alvarium Fund Managers (UK) a scam or clone?
Alvarium Fund Managers (UK) 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 Alvarium Fund Managers (UK)?
Alvarium Fund Managers (UK) is under the control of insolvency practitioners, so money it held is returned through the appointed office holders rather than by the firm. That takes time and can fall short. Where money is missing, the FSCS covers eligible claims up to its limits, and the Financial Ombudsman Service can still consider a complaint.
Who owns Alvarium Fund Managers (UK)?
Alvarium Fund Managers (UK) is owned by Alti Asset Management Holdings 2 Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 20 December 2023. Before that, it was controlled by Alti Po Limited.
How long has Alvarium Fund Managers (UK) been in business?
The company was formed on 18 December 2015. Companies House now lists it as administration.
Does Alvarium Fund Managers (UK) use any other names?
It trades as Alvarium. It has previously used 6 other names, including LJ Administration (UK) Limited, AlTi Tiedemann Global and Alvarium Investments.

Sources and links

The full report on Alvarium Fund Managers (UK) Limited

£19.99 · Instant PDF download

Loading secure checkout…