Sussex-based IFA enters administration

The wealth management firm and IFA's director placed the firm into administration on 23 August 2024. Ian Lawrence Goodhew and Abigail Shearing from Voscap were appointed as the joint administrators. Facet is based in Sussex and provides discretionary investment management services. The FCA said customers may have received financial advice from Berkeley Financial Partners, which acts as an appointed representative (AR) of Facet. Both Facet and Berkeley are owned by a non-regulated group, Brook Capital. Clients can expect to be contacted by Voscap within eight weeks of their appoi...