Beaulieu Wealth Management

Mitul Shah, the founder and managing director, leads the practice. He holds the Diploma in Regulated Financial Planning and the firm operates as a directly authorised entity under the FCA. Beaulieu does not employ a chief investment officer or maintain a centralised investment committee, reflecting the typical structure of a small IFA where individual advisers construct and monitor client portfolios against agreed risk profiles.

No. The firm is directly authorised by the FCA and trades as an independent financial adviser. This status requires it to consider all suitable retail investment products and providers when making a recommendation, rather than restricting advice to a panel or a single provider's range. The firm uses third-party wrap platforms such as Quilter and Transact to custody client assets, but does not operate a proprietary platform.

No. The firm does not hold a discretionary investment management permission on its FCA register. Client portfolios are built on an advisory basis, meaning every trade requires explicit client consent. This contrasts with discretionary fund managers who execute portfolio changes without prior client sign-off.

Beaulieu holds the FCA pension transfer permission, but the firm has not publicly disclosed the volume of defined benefit transfers it advises on. In the post-2019 UK regulatory environment, many small IFAs either surrendered this permission or restricted it to insistent clients only, driven by professional indemnity insurance costs. Whether Beaulieu actively transacts DB transfers at scale remains undisclosed.

The firm operates a fee-based model rather than taking product-related commission on new investment or pension business, consistent with the post-Retail Distribution Review regime. Adviser charging structures have not been published, but small IFA practices in Essex typically charge an initial percentage of assets placed under advice plus an ongoing servicing fee, both disclosed in a client-specific fee agreement.