LCM Family Limited (Formerly LCM Wealth Management Limited)
LCM Family Limited (FRN 227651, Company No. 04709097) was a Cheshire-based wealth management and financial advisory firm directly authorised by the FCA since October 2003. The firm also held Solicitors Regulation Authority (SRA) approval, allowing it to provide certain legal as well as financial services to its clients. At the time of its collapse it controlled approximately £89 million of client assets.
On 28 April 2026, LCM Family Limited entered administration following an FCA investigation into its affairs. Louise Longley and Gary Shankland of BTG Begbies Traynor (Central) LLP were appointed as joint administrators. The FSCS has opened an investigation to determine whether client claims meet the qualifying conditions for compensation. The FSCS can pay up to £85,000 per eligible person where claims are upheld.
LCM Family operated as LCM Wealth Management Limited before changing its name, providing investment advice and related services to a client base that trusted the firm with significant financial assets. The firm’s collapse into administration has left clients facing uncertainty about the fate of their money and their investment portfolios.
Issues / Why You May Have a Claim
Clients of LCM Family who received investment advice and are concerned about the suitability of that advice, or who have questions about the management of their funds, should seek specialist advice at the earliest opportunity. The FSCS investigation is ongoing, and taking timely action is important.
