What happened?
TCC has published a new guide exploring the key considerations for mergers and acquisitions in the financial services sector. Drawing on the expertise of our in-house specialists, the guide highlights the importance of thorough due diligence across areas such as regulatory risk, legacy liabilities, client book quality and cultural alignment.
Why does it matter?
Too often, due diligence focuses on permissions, legal structures and surface-level compliance. But in reality, many of the biggest risks are harder to spot – hidden in operational practices, cultural misalignments or historical advice issues that only come to light post-completion.
TCC’s approach to regulatory due diligence (RDD) goes deeper. It examines not just what a firm does, but how it operates – identifying risks that could result in costly remediation, regulatory scrutiny or even FCA intervention.
Recommendations
Our guide is a must-have for wealth managers, asset managers and firms considering acquisitions of appointed representatives. Inside, you’ll find:
- Tailored RDD options to suit different acquisition models
- A breakdown of key risk indicators including advice quality, adviser competence, cultural fit and customer outcomes
- Guidance on post-deal integration, client novation strategies, remediation, and compliance resource planning
- Insight into how to align due diligence with your firm’s risk appetite and business priorities
TCC doesn’t stop at diagnosis. The guide also outlines the value of ongoing advisory support – from compliance gap filling to full remediation programmes, helping firms embed long-term improvements and meet regulatory expectations with confidence.
Don’t let unseen risks undermine your next acquisition. Whether you need expert insight, hands-on support or a tailored RDD solution, we’re here to help.
Supporting sources
- FCA remuneration reform explained: what CP26/27 could mean for firmsAnalysis & Perspectives · September 2, 2026
- IBS Intelligence: Why financial services firms face growing AI governance scrutinyAnalysis & Perspectives · September 2, 2026
- FCA CP26/28: What the AIFM regime reforms mean for wealth managers and firmsRegulatory Horizon · September 2, 2026
- Will Value for Money assessments change how advisers compare pension providers?Regulatory Horizon · September 2, 2026
- Pensions & Retirement IncomeTCC helps pension providers, retirement specialists, advisers, platforms and consolidators strengthen retirement income governance, evidence customer outcomes and manage regulatory risk. Our specialists support firms with retirement income reviews, ongoing servicing assessments, Consumer Duty programmes, DB transfer reviews, vulnerability frameworks, remediation projects and compliance monitoring across the customer lifecycle.
- Wealth Management & Financial AdviceTCC helps wealth managers, financial advisers, networks, platforms and consolidators strengthen compliance, evidence customer outcomes and manage regulatory risk. Every engagement is designed to deliver practical improvements, stronger governance and regulator-ready evidence. For more than 25 years, we have helped FCA-regulated firms navigate regulatory change, supervisory reviews and business growth.