The Right DA Club has reported a sharp rise in income and membership during the first half of 2025, as growing numbers of advisory firms turned to its compliance and authorisation support services.
The Club’s compliance membership rose by nearly 40% year-on-year, with income from compliance and ancillary services up 57% in June compared to the same month in 2024.
Overall year-to-date services income is more than 55% higher, while commissions club income rose by 85% in the six months to the end of June.
The figures reflect what the Club describes as sustained demand from firms seeking to become directly authorised (DA), as well as increased uptake from existing DA firms needing day-to-day regulatory support.
Its core proposition includes ongoing compliance services, together with a wider range of tools and business resources aimed at helping member firms remain compliant and efficient.
SUPPORT SERVICES
Among the areas of strongest growth has been the Club’s FCA Application Support service, which offers firms end-to-end guidance through the authorisation process. This includes support with business planning, regulatory documentation, application drafting and interview preparation, followed by a structured onboarding programme to ensure compliance from day one.
In addition to its regulatory services, The Right DA Club offers members access to technology discounts, compliance templates, commission reconciliation tools, regulatory updates, and PI insurance referral partners.
The first half of the year also saw the Club introduce a new series of webinars covering a broad range of regulatory and operational issues. These have included sessions on anti-money laundering responsibilities, the FCA’s Consumer Duty expectations, best practice in building a compliant advice process, and practical sessions on documentation and complaints handling.
The programme has been supported by informal ‘Coffee Mornings’, which offer firms the opportunity to network, share insights and discuss sector challenges.
Chelsea Kiefert (pictured), head of The Right DA Club, said the results reflect the value that firms place on targeted compliance and business support.
“This year has seen significant momentum behind The Right DA Club, and we’re proud to be working with an increasing number of firms who value our specialist support.
“Whether they’re already DA or just starting their journey, we’re here to help firms build compliant, sustainable advice businesses,” she said.
“We’ve invested in new educational content, expanded our services, and welcomed more firms into the Club. With strong results in the first half of 2025, we’re looking forward to an even more ambitious and fruitful second half of the year.”