Firm and affiliate fees 2026

IFA firms pay: 

  • the appropriate annual firm fee based on the number of BOOMs and offices your firm has (a BOOM is defined as a Beneficial Owner, Officer or Manager); 
  • £4 annual OPBAS fee per BOOM; and  
  • all affiliate fees where your firm has affiliates (an affiliate is a non-IFA member who is a director, partner or LLP member in a firm regulated and supervised by the IFA). 

The firm fee includes the fee for IFA AML supervision. There is no application fee to become an IFA firm or affiliate though you will need to meet the appropriate definition for each. 

Firm fees  

   

Number of offices 

   

    

1 

2 

3 

4 

5 

6 

Number of BOOMs 

1 

£335 

£418.50 

£502 

£586 

£670 

£753.50 

2 

£502 

£586 

£670 

£753.50 

£837 

£921 

3 

£670 

£753.50 

£837 

£921 

£1,004.50 

£1,088 

4 

£837 

£921 

£1,004.50 

£1,088 

£1,172 

£1,256 

5 

£1,004.50 

£1,088 

£1,172 

£1,256 

£1,339.50 

£1,423 

6 

£1,172 

£1,256 

£1,339.50 

£1,423 

£1,507 

£1,590.50 

7 

£1,339.50 

£1,423 

£1,507 

£1,590.50 

£1,674.50 

£1,758 

8 

£1,507 

£1,590.50 

£1,674.50 

£1,758 

£1,842 

£1,925.50 

All above fees will be pro-rated from February ‘2026 to September ‘2026 for new admissions 

Affiliate fee 

The affiliate annual fee is £95.00 and is pro-rated from February ‘2026 to September ‘2026.