Fostering Wealth Limited
Reference number: 1053863
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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.
- Appointed for under a year
- Protected through the principal
- No FCA actions
- Active company since 2025
- 1 thing worth a closer look in the background checks
Responsible principal firm
Best Practice IFA Group Limited Reference number: 223112 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.
- Fostering Wealth Limited (FRN 1053863) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Fostering Wealth's services, the FCA authorisation sits with the principal firm.
- Example: if you take financial advice from Fostering Wealth, 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.
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Phone number
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Address
The Corbridge Business Centre, Tinklers Yard, Corbridge, Northumberland, NE45 5SB, United Kingdom
In the full report: 3 background checks, 1 thing worth a closer look
- When fosteringwealth.co.uk first appeared online, and whether it can receive email
- What kind of line 01488 508108 is, and the other firm that gives it
- Who else gives the postcode NE45 5SB
FCA permissions and consumer protection
- Protection through the principal firmProtection works through Best Practice IFA Group Limited, 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, freeYou 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
- 16880046 (opens Companies House in a new tab)
- Company status
- Active
- Company type
- Private limited company
- Incorporated
- 28 November 2025 (less than a year old)
- Registered office
- Corbridge Business Centre, Tinklers Yard, Corbridge, Northumberland, NE45 5SB, England
- Nature of business
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- Financial intermediation not elsewhere classified (SIC 64999)
Directors and company secretaries
| Name | Role | Born | Appointed | Other companies |
|---|---|---|---|---|
| Andrea Helen Foster | Director | Mar 1981 | 28 Nov 2025 | 1 other company |
| Mark Albert Foster | Director | May 1977 | 28 Nov 2025 | 5 other companies |
| Andrea Helen Foster | Secretary | Not published | 28 Nov 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
- 6
- still active
- 6
In the full report: all 6 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
Key dates in its history
Fostering Wealth’s history from the FCA register and Companies House, newest first.
2026
27 April 2026
- Became an appointed representative
FCA register
2025
28 November 2025
- Incorporated at Companies House
- Andrea Helen Foster became a part-owner (25–50% of shares)
- Mark Albert Foster became the majority owner (50–75% of shares)
- Andrea Helen Foster appointed as a director
- Mark Albert Foster appointed as a director
Companies House
Director appointments and resignations, and trading names, appear under All events.
Firms connected to Fostering Wealth
Other FCA-listed firms that share a director, phone number or address with Fostering Wealth. A link shows who the firm is tied to, not whether either can be trusted.
- connected firm
- 1
- share its phone number
- 1
In the full report: the connected firm, named
- How it is linked: the same phone number (1)
- Who links it to this firm: the named directors, with dates
Firms like Fostering Wealth
Other firms of the same type (financial adviser), nearest first.
In Corbridge
In the Newcastle (NE) postcode area
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 Fostering Wealth
Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.
- 6 other companies its directors have run, named
- 3 background checks on its contact details, 1 flagged
- All 6 events in its history
- 1 connected firm, named, and who links them
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Frequently asked questions about this firm
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Sources and links
- Its entry on the FCA register register.fca.org.uk
- Its Companies House record gov.uk
- Complaints the Financial Ombudsman Service can help with financial-ombudsman.org.uk
- Report a scam to the FCA fca.org.uk