"The pathway to DA for such individuals and firms can seem challenging but this free workshop is aimed at demystifying this journey"
Paradigm Mortgage Services is hosting a free direct authorisation transition workshop in London later this month.
The event will help firms either move from AR to DA status, or support individuals new to the industry or within advisory practices who wish to set up their own DA firms.
The workshop will take place at the Grange Holborn Hotel on Thursday 24th January and will include presentations from senior Paradigm staff providing an insight into what is involved in the process, what is required, and the support that can be provided with the FCA Application.
Paradigm stressed that attendance at the half-day event will be completely confidential and no third-party lenders, providers, networks or support service firms will be at the workshop.
Bob Hunt, chief executive of Paradigm Mortgage Services, commented: “Many advisers use the Christmas and New Year holiday period to ponder not just the year ahead but whether now might be the right time to change their regulatory status, to move away from a network arrangement, or to leave their firm and set out on their own. The pathway to DA for such individuals and firms can seem challenging but this free workshop is aimed at demystifying this journey, setting out the process, and very importantly showing the support that is available.
“We will have presentations on leaving a network and what to be aware of, on what to expect in terms of FCA fees and timescales, plus we’ll look at the compliance and business requirements that come with being a DA. It is sure to be a very informative morning and we believe will help those who wish to make the transition, to plan their move and to get the most of it. We’re looking forward to this first workshop in London and to potentially running more of these around the country during 2019.”