Wellesley & Co Ltd
What this means for you
Because Wellesley & Co Ltd has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.
Background
Wellesley & Co Ltd (FRN 631197), a UK-regulated financial services firm offering investment advice and unregulated collective investment products, was declared in default by the Financial Services Compensation Scheme on 1 May 2025. The firm's default triggers FSCS protection for eligible customers, who may claim compensation up to £85,000 for investment-related losses. Former clients should contact the FSCS directly to establish their eligibility and submit claims under the scheme's standard compensation limits.
Products this firm wrote
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.