1. McGrady Financial Services
City/Town: Downpatrick
Postal Code: BT30 6DW
Street Address: 33 St Patricks Avenue
Country: United Kingdom
2. Rock-Financial Services
City/Town: Armagh
Postal Code: BT61 9BT
Street Address: 23a College St
Country: United Kingdom
3. Customer First Financial Services
City/Town: Bangor
Postal Code: BT20 4UG
Street Address: 17 Glendale Avenue
Country: United Kingdom
4. Robert Morrow Financial Services
City/Town: Newtownards
Postal Code: BT23 7PG
Street Address: 2 Moyne Rd
Country: United Kingdom
5. SMG Financial Services Ltd
City/Town: Londonderry
Postal Code: BT47 6SE
Street Address: 32 Summer Meadows Manor
Country: United Kingdom
6. Spratt Financial Services Ltd
City/Town: Banbridge
Postal Code: BT32 4LZ
Street Address: 5 Bannview Heights
Country: United Kingdom
7. Paul Stafford Financial Services
City/Town: Craigavon
Postal Code: BT66 7QA
Street Address: 4 Banbridge Rd, The Village Centre
Country: United Kingdom
8. Kenneth Brown Financial Services Ltd
City/Town: Ballymena
Postal Code: BT43 5PX
Street Address: 16a Markstown Close
Country: United Kingdom
9. DNG Financial Services
City/Town: Belfast
Postal Code: BT1 6PJ
Street Address: 58 Howard St, County Antrim
Country: United Kingdom
10. Aidan Rice Financial Services
City/Town: Newry
Postal Code: BT35 8QY
Street Address: 51c Forkhill Rd
Country: United Kingdom
11. An Independent Mortgage Solution Ltd
City/Town: Belfast
Postal Code: BT9 7JD
Street Address: 93 Stockmans Lane
Country: United Kingdom
12. Mooney Financial Services Ltd
City/Town: Dungannon
Postal Code: BT70 3LY
Street Address: 35 Tullycullion Rd
Country: United Kingdom
13. Hanna Hillen Financial Service
City/Town: Newry
Postal Code: BT34 1DG
Street Address: 85-87 Hill St
Country: United Kingdom
14. Reavey Financial Services
City/Town: Newry
Postal Code: BT34 1BT
Street Address: 102 Hill St
Country: United Kingdom
15. M R Financial Services
City/Town: Enniskillen
Postal Code: BT74 6AJ
Street Address: 24 Forthill St
Country: United Kingdom
16. J M D Financial Services
City/Town: Belfast
Postal Code: BT7 3GP
Street Address: Douglas House 397d Ormeau Rd
Country: United Kingdom
17. Embrace Financial Services
City/Town: Belfast
Postal Code: BT4 3EX
Street Address: 350 Upper Newtownards Rd
Country: United Kingdom
18. Mortgage IQ
City/Town: Northern Ireland
Postal Code: N/A
Street Address: Branches across Northern Ireland
Country: United Kingdom
19. DMC Financial Services (NI) Ltd
City/Town: Craigavon
Postal Code: BT63 5AA
Street Address: 67 Bridge St
Country: United Kingdom
20. Buchanan Johnston Flynn Limited
City/Town: Belfast
Postal Code: BT4 1NT
Street Address: 66-68 Holywood Road
Country: United Kingdom
21. Noel Kilpatrick Financial Services
City/Town: Newry
Postal Code: BT35 6DX
Street Address: 80 Canal St
Country: United Kingdom
22. The Mortgage Centre (NI)
City/Town: Belfast
Postal Code: BT14 6NH
Street Address: 2 Westland Rd
Country: United Kingdom
23. Mortgage Advice Shop
City/Town: Belfast
Postal Code: BT1 2BE
Street Address: Office 38 Imperial Buildings, 72, High St
Country: United Kingdom
24. Ritchie & McLean Mortgage Solutions
City/Town: Ballynahinch
Postal Code: BT24 8AE
Street Address: 3 The Square
Country: United Kingdom
25. Bradley Financial Services
City/Town: Omagh
Postal Code: BT78 1BX
Street Address: 6-8 Bridge St
Country: United Kingdom
26. Wallace Financial Services
City/Town: Castlederg
Postal Code: BT81 7PT
Street Address: 2 Prospect Court
Country: United Kingdom
27. Caldwell Financial Services
City/Town: Larne
Postal Code: BT40 3DX
Street Address: 57 Browndod Rd
Country: United Kingdom
28. Quantum 3 Financial Services
City/Town: Belfast
Postal Code: BT15 4AS
Street Address: 121 Fortwilliam Park
Country: United Kingdom
29. Carlile Financial Services Ltd
City/Town: Belfast
Postal Code: BT15 5GF
Street Address: Jill House, 502, Antrim Road
Country: United Kingdom
30. Harberton Financial Ltd
City/Town: Londonderry
Postal Code: BT47 2NB
Street Address: Harberton Park
Country: United Kingdom
31. Mortgage Solutions
City/Town: Belfast
Postal Code: BT7 3GQ
Street Address: 459 Ormeau Rd
Country: United Kingdom
32. Mcnicholl Financial Services
City/Town: Dungannon
Postal Code: BT71 6HS
Street Address: 11 Drumard Cross Rd
Country: United Kingdom
33. Embrace Financial Services
City/Town: Carrickfergus
Postal Code: BT38 7AF
Street Address: 10 High St
Country: United Kingdom
34. Embrace Financial Services
City/Town: Bangor
Postal Code: BT20 5AG
Street Address: 18 Main St
Country: United Kingdom
35. Shields Mortgage & Financial Services
City/Town: Dungannon
Postal Code: BT71 4BQ
Street Address: 35 Cookstown Rd
Country: United Kingdom
36. Gribben & Watt Financial Planning
City/Town: Lisburn
Postal Code: BT28 1XN
Street Address: 36 Bachelors Walk
Country: United Kingdom
37. RGM Financial Services
City/Town: Ballymena
Postal Code: BT42 3HA
Street Address: 161a Larne Rd
Country: United Kingdom
38. Derry Mortgage Centre
City/Town: Londonderry
Postal Code: BT47 2BG
Street Address: 74 Chapel Rd
Country: United Kingdom
39. Advance Financial Services
City/Town: Armagh
Postal Code: BT61 7EW
Street Address: 57 Ogle St
Country: United Kingdom
40. Strahan Financial Services
City/Town: Ballymena
Postal Code: BT42 3HB
Street Address: Unit 9 22a Pennybridge Ind Est
Country: United Kingdom
41. Abbey Financial Services
City/Town: Armagh
Postal Code: BT60 1HW
Street Address: Suite 7 Dean Swift Building, 50 Hamiltonsbawn Rd
Country: United Kingdom
42. Brewster Financial Services
City/Town: Lisburn
Postal Code: BT28 1XP
Street Address: 35 Railway St
Country: United Kingdom
43. Goldstar Financial Services
City/Town: Omagh
Postal Code: BT78 1DQ
Street Address: 68 Market St
Country: United Kingdom
44. Ashtree Financial Services
City/Town: Newry
Postal Code: BT34 1BX
Street Address: 6-7 The Mall
Country: United Kingdom
45. Oldtown Financial Services
City/Town: Coleraine
Postal Code: BT51 5UD
Street Address: 26 Killymuck Rd
Country: United Kingdom
46. McDowell Financial Services
City/Town: Belfast
Postal Code: BT6 8AW
Street Address: Martrey House, Ravenhill Business Park
Country: United Kingdom
47. Fermanagh Tyrone Financial Services
City/Town: Enniskillen
Postal Code: BT94 1GU
Street Address: Unit 1 Necarne Court, Brianhill Link
Country: United Kingdom
48. O’Neill Financial Services
City/Town: Omagh
Postal Code: BT79 7YR
Street Address: 9 Pinefield Rise
Country: United Kingdom
49. Eugene Muldoon Financial Services
City/Town: Dungannon
Postal Code: BT70 1LA
Street Address: 29 Eglish Rd
Country: United Kingdom
50. Abbey Financial Services
City/Town: Armagh
Postal Code: BT60 1HW
Street Address: Suite 7 Dean Swift Building, 50 Hamiltonsbawn Rd
Country: United Kingdom
Financial Services in Northern Ireland, UK
Introduction
The financial services sector in Northern Ireland is a crucial part of the regional economy, providing a wide range of services including banking, insurance, investment management, and financial advisory. The sector not only supports local businesses and consumers but also contributes to the overall economic growth and stability of Northern Ireland. Over the years, the region has developed a reputation for excellence in financial services, attracting both domestic and international firms.
Banking Services
Banking is a fundamental component of the financial services industry in Northern Ireland. The sector includes several key players, ranging from traditional retail banks to modern digital banks.
- Retail Banks: Major retail banks such as Ulster Bank, Danske Bank, Bank of Ireland, and Allied Irish Bank (AIB) have a significant presence in Northern Ireland. These banks provide a range of services including personal and business banking, mortgages, loans, and credit cards.
- Digital Banks: The rise of digital banking has introduced new players like Revolut, Monzo, and Starling Bank, which offer innovative banking solutions through mobile apps and online platforms. These banks are gaining popularity for their convenience, lower fees, and advanced digital features.
- Credit Unions: Credit unions are member-owned financial cooperatives that offer savings and loan products. They play an essential role in providing financial services to communities, particularly in rural and underserved areas.
Insurance Services
The insurance industry in Northern Ireland offers a wide range of products to protect individuals and businesses against various risks. This sector includes providers of life insurance, health insurance, property insurance, and specialized commercial insurance.
- Life and Health Insurance: Major insurance companies such as Aviva, Zurich, and Legal & General provide life and health insurance products, including term life, whole life, critical illness, and private health insurance policies. These products offer financial security and peace of mind to policyholders.
- Property and Casualty Insurance: This includes home, auto, and commercial property insurance. Companies like AXA, Allianz, and RSA Insurance Group offer policies that protect against damage, theft, and liability.
- Specialized Insurance: Northern Ireland also has providers that offer specialized insurance products for specific industries or risks, such as agricultural insurance, marine insurance, and professional indemnity insurance.
Investment Management
Investment management services in Northern Ireland help individuals and institutions grow their wealth through strategic investment in various financial instruments.
- Asset Management Firms: Firms like Quilter Cheviot, Brewin Dolphin, and Rathbones provide wealth management and investment advisory services. They offer tailored investment strategies based on clients’ risk tolerance, financial goals, and time horizon.
- Pension Funds: Pension funds such as the Northern Ireland Local Government Officers’ Superannuation Committee (NILGOSC) manage retirement savings for public sector employees. These funds invest in a diversified portfolio to ensure long-term growth and stability.
- Mutual Funds and ETFs: Investment companies offer mutual funds and exchange-traded funds (ETFs) that pool investors’ money to invest in stocks, bonds, and other assets. These products provide diversification and professional management for individual investors.
Financial Advisory and Consulting
Financial advisory and consulting services provide expert guidance on a range of financial matters, helping individuals and businesses make informed decisions.
- Financial Planners: Certified financial planners offer advice on budgeting, saving, investing, retirement planning, and tax planning. They help clients develop comprehensive financial plans to achieve their long-term goals.
- Corporate Finance Advisors: These advisors assist businesses with mergers and acquisitions, capital raising, restructuring, and strategic planning. Firms like KPMG, Deloitte, PwC, and EY have a strong presence in Northern Ireland, providing these services.
- Independent Financial Advisors (IFAs): IFAs offer impartial advice on a range of financial products, including investments, insurance, and pensions. They are not tied to any specific provider, allowing them to recommend the best products for their clients’ needs.
Regulatory Framework
The financial services sector in Northern Ireland operates within a robust regulatory framework designed to ensure stability, protect consumers, and maintain market integrity.
- Financial Conduct Authority (FCA): The FCA is the main regulatory body overseeing financial services in the UK, including Northern Ireland. It regulates financial markets, firms, and products to ensure they are fair, transparent, and protect consumers.
- Prudential Regulation Authority (PRA): The PRA, part of the Bank of England, supervises banks, building societies, credit unions, insurers, and major investment firms. It focuses on ensuring the safety and soundness of these institutions.
- Central Bank of Ireland: Given the proximity and economic ties with the Republic of Ireland, the Central Bank of Ireland also plays a role in regulating cross-border financial activities, particularly for firms operating in both jurisdictions.
Technology and Innovation
Technology and innovation are driving significant changes in the financial services sector in Northern Ireland.
- FinTech: Financial technology (FinTech) companies are revolutionizing the way financial services are delivered. Northern Ireland has a growing FinTech ecosystem, with companies developing innovative solutions in areas like payments, lending, blockchain, and digital banking.
- RegTech: Regulatory technology (RegTech) solutions are helping financial institutions comply with regulatory requirements more efficiently. These technologies use data analytics, artificial intelligence, and automation to streamline compliance processes.
- Cybersecurity: As the financial services sector becomes increasingly digital, cybersecurity is a critical concern. Firms are investing in advanced security measures to protect sensitive data and prevent cyberattacks.
Challenges and Future Directions
The financial services sector in Northern Ireland faces several challenges but also holds significant opportunities for growth and innovation.
- Brexit: The UK’s exit from the European Union has created uncertainties and challenges for financial services, particularly regarding regulatory alignment, cross-border operations, and market access. Northern Ireland’s unique position requires careful navigation of these issues.
- Economic Conditions: Economic fluctuations and uncertainties, such as those caused by the COVID-19 pandemic, impact the financial services sector. Economic resilience and adaptability are crucial for navigating these challenges.
- Skills and Talent: Attracting and retaining skilled professionals in the financial services sector is essential. Investment in education, training, and professional development is necessary to build a talented workforce.
- Sustainability and ESG: Environmental, Social, and Governance (ESG) considerations are becoming increasingly important in the financial services sector. Firms are integrating ESG factors into their investment strategies and operations to promote sustainability and social responsibility.
Conclusion
The financial services sector in Northern Ireland is a dynamic and essential part of the regional economy, offering a wide range of services including banking, insurance, investment management, and financial advisory. Despite facing challenges such as Brexit and economic uncertainties, the sector continues to evolve through technology, innovation, and a commitment to quality and consumer protection. By addressing these challenges and capitalizing on opportunities for growth, the financial services sector in Northern Ireland is well-positioned for a sustainable and prosperous future.