Eight Wealth Management Limited

Reference number: 416757

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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.

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.
  • Eight Wealth Management Limited (FRN 416757) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Eight Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Eight Wealth Management, 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 eightwealthmanagement.co.uk first appeared online, and whether it can receive email
  • What kind of line 01489 555180 is
  • Who else gives the postcode PO15 7AA
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Other names (5)

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

  • 3 Nines Financial Planning Trading name: A name it trades under now.
  • Eight Financial Advice Trading name: A name it trades under now.
  • Eight Mortgages Trading name: A name it trades under now.
  • 8 Wealth Management Ltd Former name: A name it was registered under before.
  • Ian Riggs Former name: A name it was registered under before.

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 status
Active
Company type
Private limited company
Incorporated
26 March 2008 (18 years old)
Registered office
Fusion 1 1000 Parkway, Solent Business Park, Whiteley, Fareham, Hampshire, PO15 7AA, United Kingdom
Nature of business
  • Financial intermediation not elsewhere classified (SIC 64999)

Directors and company secretaries

Name Role Born Appointed Other companies
Ian Philip Riggs Director Apr 1973 26 Mar 2008 12 other companies
Stuart Lawson Director Oct 1962 30 Sep 2022 5 other companies
HARBOUR KEY LIMITED Corporate secretary Not published 31 Jan 2025 –

Other companies run by these 2 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
16
closed down
9
is FCA-registered
1

In the full report: all 16 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 1 company these 2 directors run together
  • All 6 people who have ever been directors, with their dates
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Filed accounts and finances

9 months to 31 December 2019Small company accountsNot audited

Net assets

£1.45m

No earlier figure to compare

Cash at bank

£304k

No earlier figure to compare

Employees (average)

60

No earlier figure to compare

Owed within a year

£3.03m

No earlier figure to compare

About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 06544529. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

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

2016

6 April 2016

  • The Eight Wealth Group Limited took control (75–100% of shares)

Companies House

2015

22 September 2015

  • Changed its registered name from "8 Wealth Management Ltd"

FCA register

2008

2 May 2008

  • Changed its registered name from "Ian Riggs"

FCA register

26 March 2008

  • Incorporated at Companies House

Companies House

2004

6 December 2004

  • Became an appointed representative

FCA register

In the full report: all 19 events

  • All 19 events in its history (5 shown here)
  • Every director appointment and resignation: 10
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Firms connected to Eight Wealth Management

Other FCA-listed firms that share a director, phone number or address with Eight Wealth Management. A link shows who the firm is tied to, not whether either can be trusted.

past link
1

In the full report: all 0 connected firms, named

  • 1 past link through former directors
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Firms like Eight Wealth Management

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

In Fareham

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 Eight Wealth Management

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

  • 16 other companies its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • All 19 events in its history

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Frequently asked questions about this firm

Is Eight Wealth Management Limited FCA authorised?
Eight Wealth Management Limited (FRN 416757) 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 Eight Wealth Management?
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. Eight Wealth Management Limited (FRN 416757) is an AR of St. James's Place Wealth Management Plc (FRN 195351). When you use Eight Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Eight Wealth Management, 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 Eight Wealth Management’s phone number and website?
The FCA register lists the phone number 01489 555180 and the website eightwealthmanagement.co.uk for Eight Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Eight Wealth Management a scam or clone?
Eight Wealth Management 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 Eight Wealth Management?
Protection works through St. James's Place Wealth Management PLC, the principal firm responsible for Eight Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Eight Wealth Management?
Eight Wealth Management is owned by The Eight Wealth Group Limited, which holds 75–100% of shares, since 6 April 2016.
Who runs Eight Wealth Management?
Companies House lists 2 directors of Eight Wealth Management: Ian Philip Riggs and Stuart Lawson.
How long has Eight Wealth Management been in business?
The company was formed on 26 March 2008.
What do Eight Wealth Management’s latest accounts show?
Its latest accounts, to 31 December 2019, show net assets of £1.45m (no earlier figure to compare) and cash at bank of £304k (no earlier figure to compare).
Does Eight Wealth Management use any other names?
It trades as 3 Nines Financial Planning, Eight Financial Advice and Eight Mortgages. It has previously used 2 other names: 8 Wealth Management Ltd and Ian Riggs.

Sources and links

The full report on Eight Wealth Management Limited

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