Whelan Wealth Management Ltd

Reference number: 956938

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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

Best Practice IFA Group Limited Reference number: 223112 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.
  • Whelan Wealth Management Ltd (FRN 956938) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Whelan Wealth Management's services, the FCA authorisation sits with the principal firm.
  • Example: if you take financial advice from Whelan 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 wwmanagement.co.uk first appeared online, and whether it can receive email
  • What kind of line +44 079 170 654 839 is
  • Who else gives the postcode SG5 3HR
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FCA permissions and consumer protection

  • Protection through the principal firm
    Protection 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, 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 name
WHELAN WEALTH MANAGEMENT LIMITED
Company number
07408299
Company status
Active
Company type
Private limited company
Incorporated
14 October 2010 (16 years old)
Registered office
Boa Vista Higham Road, Higham Gobion, Hitchin, SG5 3HR, England
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Dermott Whelan Director Apr 1966 14 Oct 2010 None

In the full report: every company its directors have run

  • Confirmation that its director runs no other company
  • Both people who have been directors, with their dates
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Filed accounts and finances

Year to 31 March 2025Micro-entity accountsNot audited

Net assets

£213k

+1.5% from £210k

Owed within a year

£52.8k

+25% from £42.3k

Net assets

In the full report: all 6 years of accounts

  • Every year from 2020 to 2025
  • The chart, over every year
  • Every filed figure, year by year
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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 07408299. 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

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

Key events (6) All events (9)

2021

15 August 2021

  • Became an appointed representative

FCA register

31 March 2021

  • Claire Elizabeth Whelan became a part-owner (25–50% of shares)

Companies House

2019

31 October 2019

  • Aspect8 Limited stopped being a part-owner

Companies House

2018

31 July 2018

  • Aspect8 Limited became a part-owner (25–50% of shares)

Companies House

2016

6 April 2016

  • Dermott Whelan became the majority owner (50–75% of shares)

Companies House

2010

14 October 2010

  • Incorporated at Companies House

Companies House

In the full report: all 9 events

  • All 9 events in its history (6 shown here)
  • Every director appointment and resignation: 3
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Firms like Whelan Wealth Management

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

In Hitchin

ACM Wealth Planning LimitedHitchinAppointed representativeAJE Wealth Management LimitedHitchinAppointed representativeJames Wealth Management LtdHitchinAppointed representativeJLM Network Wealth LimitedHitchinAppointed representativeLavender Financial Planners LimitedHitchinAppointed representativeMeliora Financial Planning LimitedHitchinAppointed representative

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 Whelan Wealth Management

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

  • Every company its directors have run, named
  • 3 background checks on its contact details, 1 flagged
  • 6 years of accounts, charted
  • All 9 events in its history

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Frequently asked questions about this firm

Is Whelan Wealth Management Ltd FCA authorised?
Whelan Wealth Management Ltd (FRN 956938) 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 Whelan 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. Whelan Wealth Management Ltd (FRN 956938) is an AR of Best Practice IFA Group Limited (FRN 223112). When you use Whelan Wealth Management's services, the FCA authorisation sits with the principal firm. Example: if you take financial advice from Whelan 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 Whelan Wealth Management’s phone number and website?
The FCA register lists the phone number +44 079 170 654 839 and the website wwmanagement.co.uk for Whelan Wealth Management. If you were given different contact details, use these to check with the firm before going any further.
Is Whelan Wealth Management a scam or clone?
Whelan 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 Whelan Wealth Management?
Protection works through Best Practice IFA Group Limited, the principal firm responsible for Whelan Wealth Management's regulated activity. FSCS cover and the Financial Ombudsman Service apply as they would to the principal.
Who owns Whelan Wealth Management?
Companies House lists 2 people with significant control of Whelan Wealth Management: Mr Dermott Whelan (50–75% of shares) and Mrs Claire Elizabeth Whelan (25–50% of shares). Before that, it was controlled by Aspect8 Limited.
Who runs Whelan Wealth Management?
Companies House lists one director of Whelan Wealth Management: Dermott Whelan.
How long has Whelan Wealth Management been in business?
The company was formed on 14 October 2010.
What do Whelan Wealth Management’s latest accounts show?
Its latest accounts, to 31 March 2025, show net assets of £213k (+1.5% from £210k).

Sources and links

The full report on Whelan Wealth Management Ltd

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