One of the many questions we are asked here is “Why should we work with you?”
One of the many questions we are asked here at Compliance Consultant is “Why should we work with you?” Whereas we could wax lyrical about how wonderful we think we are, we have been around long enough to understand that if people are asking that question, they are either not totally convinced, or they like what they see but just need to validate their choice with some facts.
In fact, what they are probably trying to understand is the different types of consultancies and the benefits of each, or, “How do I choose a good consultant?”
To be totally honest, there are some situations where we may not be suited to the type of work you want done or even the scale of the work required. We accept that some larger organisations MUST deal with companies that are PLCs, but small and medium sized firms have a choice.
It’s never easy to say goodbye to work before it even starts, but you are looking for a service and at the cost that suits your business.
So, here are some of the benefits and drawbacks of working with single consultants, small consultancies, and large consultancies in the UK:
Single consultants
Benefits:
Personalised service: You will work directly with the consultant, who will have a deep understanding of your specific needs.
Flexibility: You can work with the consultant on your own terms, and they can be more responsive to your needs.
Cost-effectiveness: Single consultants can often be more cost-effective than large consultancies.
Drawbacks:
Lack of resources: Single consultants may not have the same resources as small or larger consultancies, such as a team of experts or access to the latest research.
Risk: If the consultant is not experienced or qualified, you could end up with a poor outcome.
Availability: Access may be limited as everyone has a holiday and may not be contactable in that time.
Small consultancies
Benefits:
Personalised service: Like single consultants, small consultancies can offer personalised service, matching skill sets to the issues and be more responsive to your needs. You will likely be dealing direct with the consultant allocated to your work.
Expertise: Small consultancies often have a deeper understanding of a particular industry sector or type, which can be beneficial for your business. Additionally, they can bounce ideas off their peers and make sure the work is “Quality Assured” with a 4 eyes approach.
Cost-effectiveness: Small consultancies are undoubtedly more often cost-effective than large consultancies.
Drawbacks:
Lack of resources: Smaller consultancies may not have the same resources as larger consultancies, such as a ‘team’ of experts, access to the latest research, or the latest “tech” offering.
Risk: If the consultants are not experienced or professionally qualified, you could end up with a poor outcome.
Large consultancies
Benefits:
Resources: Large consultancies have access to a wide range of resources, including a team of experts, access to the latest research, and the latest technology.
Credibility: Large consultancies are often seen as more credible than smaller consultancies.
Experience: Large consultancies have often worked on a wide range of projects, which can give you peace of mind that they will be able to deliver on your needs.
Drawbacks:
Cost: Large consultancies can be expensive.
Lack of personalisation: You may not get the same level of personalised service from a large consultancy as you would from a single consultant or a small consultancy.
Resource: If the consultancy has a lot of lower grade staff, they will undoubtedly be doing most of the work and may not be properly supervised and you could end up with sub-standard work. Would you even be talking to the same person each time?
Risk: If the consultants are not experienced or professionally qualified, you could end up with a poor outcome.
Ultimately, the best type of consultant for you will depend on your specific needs and requirements. If you need personalised service and flexibility, a single consultant or a small consultancy may be a good option. If you need access to a wide range of resources and expertise, a large consultancy may be a better choice.
I hope this helps!
Posted on Trustindex
Anthony Apponyi
4 February 2025
Trustindex verifies that the original source of the review is Trustindex.
Authorization Lee Werrell provided a first class service. He explained the FCA rules relevant to our authorization. Lee did so quickly and clearly in language that I could understand – no mean task if you have tried to read the FCA Handbook! Anthony Albani (Founder + CEO)
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Jonathan Roy
9 September 2024
Trustindex verifies that the original source of the review is Google.
Fast, efficient, and effective. I would highly recommend.
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WayneC-365
7 September 2023
Trustindex verifies that the original source of the review is Yell.
Lee and his team offer a bespoke compliance service tailored specifically to your firms requirements.On occasion a quick technical response is required or help with the rewrite or updating of one of the firms polices or procedures. In both cases a speedy and helpful reply has been forthcoming from the team.Our firm has been delighted with the retainer service we have signed up for, and would recommend other firms in need of expert compliance assistance to consider this firm.
Posted on Google
SRUTI SOURAV SARANGI
21 February 2023
Trustindex verifies that the original source of the review is Google.
Compliance Consultant had imparted two days intense training on key compliance subjects . With highly experienced trainer, excellent content and captivating sessions they delivered the best to our team. We are thankful to Compliance Consultant for their services.
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Simon Dhillon
23 August 2022
Trustindex verifies that the original source of the review is Google.
I worked with Compliance Consultant for 2 years and was involved in a variety of projects for various firms, both start-ups and established. Lee was a pleasure to work with and was very knowledgeable about all aspects of compliance, this provided reassurance that client work was carried out to a high standard. The team at Compliance Consultant worked very closely and was always on hand to provide assistance or advice on specialist areas for eg FCA Authorisations or Audits.
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S S
15 August 2022
Trustindex verifies that the original source of the review is Google.
In a high pressure situation, Compliance Consultant stepped in to help us further understand the requirements and completely changed the authorization documentation urgently needed.
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SocialM-10
1 February 2022
Trustindex verifies that the original source of the review is Yell.
Very professional company and a professional team especially Lee. The quality of the work was exceptional. We look forward to working with them in the future on our project also Will surely recommend them.
Posted on Google
Angela Young
27 January 2022
Trustindex verifies that the original source of the review is Google.
First class service in every way. Whilst applying for FCA authorisation the original compliance company we were working with let us down. Feeling despondent, Lee from Compliance Consultant stepped in and assured us we would have our application submitted on time. Suzanna was our direct contact and she worked tirelessly to ensure we met our deadline. Not only did we meet our deadline, but our completed application was submitted to the FCA, 1 week ahead of schedule. Both Lee and Suzanna took the time to communicate clearly the detail within each section of the application. They went above and beyond and felt more like friends by the end of the process. I would highly recommend Compliance Consultant both in terms of professionalism and value for money. We look forward to working with Compliance Consultant in the future.
Posted on Google
Grant Townshend
10 January 2022
Trustindex verifies that the original source of the review is Google.
We approached Lee between Christmas & New Year about some compliance work we urgently needed completing for a newco setup. He communicated very clearly what we would need and why. Once instructed, he delivered this on time and cost effectively. Recommended.
Posted on Google
Mohamed Yassin
28 October 2021
Trustindex verifies that the original source of the review is Google.
Outstanding job on every level. We are very pleased with their work. Done on time, done on budget and they know what they are doing. They handled everything with extreme professionalism and delivered our project in a timely manner. We couldn't be happier with the end outcomes, Lee and his team were extremely thorough, understanding and responsive throughout each stage of our contract. We look forward to working with them in the future on our project. Thank you, Lee and Compliance Consultant team.
Posted on Google
st33n
10 October 2021
Trustindex verifies that the original source of the review is Google.
Very professional company to deal with. Did everything I asked and much more. The quality of the work was exceptional.
Posted on Google
Lorena de Club de Inversores
1 July 2021
Trustindex verifies that the original source of the review is Google.
Really Excellent service, speed in the resolution of problems
Posted on Google
Prankrishna Nath
12 June 2021
Trustindex verifies that the original source of the review is Google.
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Ashraf Calcuttawala
2 May 2021
Trustindex verifies that the original source of the review is Google.
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Thakut Gowtham
10 April 2021
Trustindex verifies that the original source of the review is Google.
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Shay Jennings
2 April 2021
Trustindex verifies that the original source of the review is Google.
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Aniket Chaudhary
26 March 2021
Trustindex verifies that the original source of the review is Google.
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Klaudio Ndoka
23 March 2021
Trustindex verifies that the original source of the review is Google.
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zinko lin
6 March 2021
Trustindex verifies that the original source of the review is Google.
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Colinn Papa
5 March 2021
Trustindex verifies that the original source of the review is Google.
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Sai Kannekanti
3 March 2021
Trustindex verifies that the original source of the review is Google.
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James Smith
3 March 2021
Trustindex verifies that the original source of the review is Google.
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Azzy Kalumbu
1 March 2021
Trustindex verifies that the original source of the review is Google.
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panngam Joham
28 February 2021
Trustindex verifies that the original source of the review is Google.
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niamh woods
8 February 2021
Trustindex verifies that the original source of the review is Google.
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Amitjha Amitjha
29 January 2021
Trustindex verifies that the original source of the review is Google.
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Danny Nota
19 December 2020
Trustindex verifies that the original source of the review is Google.
Huge thanks to Lee and Mo on helping us with our FCA application. They were able to assist with all aspects, from preparing the application to responding to FCA queries in a professional and efficient manner. Would highly recommend!
Posted on Google
Terry Murphy
17 November 2020
Trustindex verifies that the original source of the review is Google.
Lee and Sue are remarkable at what they do, I feel completely at ease with their expertise. Compliance is in my opinion the building blocks of any good business, with Compliance Consultant onboard, i have no doubt our business will grow
Posted on Google
Chris Hall
14 October 2020
Trustindex verifies that the original source of the review is Google.
Posted on Google
James S
10 July 2020
Trustindex verifies that the original source of the review is Google.
We began to use Lee and Jenny at the start of 2020 - I have found them excellent to deal with. Lee and his team are helpful, responsive and clearly knowledgeable in their subjects. The result is they they provide confidence and support which I trust. Look forward to continuing working with them.
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One of the many questions we are asked here at Compliance Consultant is “Why should we work with you?” Whereas we could wax lyrical about how wonderful we think we are, we have been around long enough to understand that if people are asking that question, they are either not totally convinced, or they like what they see but just need to validate their choice with some facts.
One of the many questions we are asked here at Compliance Consultant is “Why should we work with you?” Whereas we could wax lyrical about how wonderful we think we are, we have been around long enough to understand that if people are asking that question, they are either not totally convinced, or they like what they see but just need to validate their choice with some facts.
Google 
Trustindex 
Yell 
