Independent equity research and advisory firm RenkoEdge Ltd has achieved direct authorisation from the UK's Financial Conduct Authority (FCA), effective from 6 May 2026.
The London-based firm provides equity research, advisory services, consulting, and alpha capture strategies. RenkoEdge says it works exclusively with professional and institutional clients.
The authorisation marks RenkoEdge's move from the appointed representative model to operating as a directly authorised FCA-regulated entity. In a company announcement, RenkoEdge said the move supports the continued expansion of its independent equity research platform for institutional investors.
Commenting on the authorisation, Chief Executive Officer Alejandro Olvera said:
Obtaining direct authorisation from the FCA represents an important milestone for RenkoEdge. The Appointed Representative model served us well in our initial growth phase, but as our client base continues to increase, direct authorisation provides the independence and flexibility required to scale our research platform in line with the needs of institutional clients.
Olvera holds the SMF1 Chief Executive, SMF3 Executive Director, SMF16 Compliance Oversight, and SMF17 Money Laundering Reporting Officer roles at RenkoEdge.
Olvera has led RenkoEdge since 2019 as an independent equity research business focused on event-driven and special situations strategies. His previous roles include senior equity research positions at Avalon Capital Markets, Piper Jaffray, Makor Group, and Marex Spectron.
