Jarvis Investment enters special administration as FCA oversight continues
Jarvis Investment Management Limited entered special administration on 14 October 2026, marking a new phase for the FCA-authorised wealth management firm. Adam Stephens and Philip Hemming of S&W Partners LLP were appointed as special administrators, with the regulator saying it will work with them to seek the best outcome for clients.
Highlights
- Jarvis Investment Management Limited entered special administration on 14 October 2026, with Adam Stephens and Philip Hemming of S&W Partners LLP appointed as special administrators.
- The FCA confirmed Jarvis Investment remains regulated during insolvency as special administrators manage the firm's affairs following court-supervised procedures.
- Since 16 September 2022, Jarvis Investment operated under FCA-imposed activity restrictions, and the administration process maintains regulatory oversight for client interests.
Administration process and regulatory status
As reported by the Financial Conduct Authority, Jarvis Investment Management Limited, which is authorised and regulated by the FCA under FRN 116413, enters special administration on 14 October 2026. The process places Adam Stephens and Philip Hemming of S&W Partners LLP in charge of managing the firm's affairs during the insolvency procedure.The special administrators are officers of the court and must comply with insolvency law while overseeing the business through the special administration process. The FCA says Jarvis Investment remains regulated by the watchdog during this period.
Client implications and prior restrictions
Before entering special administration, Jarvis Investment had already been operating under limits agreed with the regulator. On 16 September 2022, the firm agreed to a voluntary requirement with the FCA that restricted the activities it could undertake without the regulator's consent.The FCA says it will work with the special administrators to seek the best outcome for clients. The case is significant for the UK wealth management sector because it keeps the regulator involved while the firm's client interests and operations are managed through a court-supervised insolvency process.
Our earlier article on the UK’s inheritance tax reforms explained how changes to business property relief have increased succession pressure on family-owned companies, with business groups warning of knock-on effects for investment and hiring. We noted that many firms may be pushed toward asset sales or private equity ownership, and that campaigners argue the policy could ultimately hurt public finances by delaying growth and job creation.
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