WealthTek — FSCS Claims & Compensation (FRN 832264)
Full legal name: WealthTek LLP
WealthTek LLP (FRN 832264) was failed and declared in default by the FSCS on 6 April 2023. If you were advised by WealthTek and lost money, you may be able to claim compensation of up to £85,000 from the FSCS. Eligibility depends on your circumstances — a free check takes under a minute.
WealthTek LLP appears on the FSCS failed-firms register. It was failed and declared in default on 6 April 2023, in the Investments category.
What this means for you
If WealthTek advised you to invest — for example in a bond, fund, or an unregulated or high-risk product — and that advice was unsuitable, you may have a claim. Where the firm has failed, the FSCS may pay eligible losses up to £85,000 per person.
Your options
- FSCS — where WealthTek has failed, you may claim eligible losses up to £85,000 per person, per firm (the FSCS limit is £85,000 for firms that failed from 1 April 2019, £50,000 for 2010–2019 and £48,000 before that). You can claim free at fscs.org.uk without using a solicitor.
- A representative — specialist firms can gather the evidence and handle the claim for you, typically on a No Win, No Fee basis.
- Check your time limit — deadlines vary by route. See our guide to time limits for mis-selling claims, and how compensation is calculated.
Were you a client of WealthTek?
Start a free, no-obligation check — we'll tell you whether you may have a claim.
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Is WealthTek LLP still trading?
WealthTek LLP (FRN 832264) appears on the FSCS failed-firms register and was failed and declared in default on 6 April 2023. You should always check the current position on the FCA Register and the FSCS website.
How do I claim against WealthTek?
You can claim directly and free of charge through the FSCS at fscs.org.uk, or instruct a representative to handle it for you. Either way, a free initial check can confirm whether you may be eligible.
How much could I claim for WealthTek?
Where eligible, the FSCS pays up to £85,000 per person for WealthTek. The actual amount depends on your assessed loss and your individual circumstances.
Other investment firms on the FSCS list around the same time
- Old Park CapitalDeclared in default 23 May 2023 · FRN 504863
- Northern Provident InvestmentsDeclared in default 24 February 2023 · FRN 647948
- H&F FinancialDeclared in default 10 February 2023 · FRN 778297
- Cadogan Asset ManagementDeclared in default 10 January 2023 · FRN 749342
- Midhurst Asset ManagementDeclared in default 9 January 2023 · FRN 154333
- A+ Financial ServicesDeclared in default 14 December 2022 · FRN 222159
This page is for information only and is not affiliated with the FSCS. You can complain to the Financial Ombudsman Service or claim from the FSCS for free without using a solicitor. Compensation depends on your individual circumstances. This website does not constitute legal advice.