Richardson Hartley Law has launched an investigation into Picktan Capital.
Concerns were first raised about the firm late in 2025 after reports emerged that some investors were having trouble withdrawing their money.
Many investors appear to have first come across the firm via social media adverts and Whatsapp messages.
* Please note this entity is not associated with UK registered Company Picktan Capital Limited, Company number 09526392, Registered office address 9th Floor, 107 Cheapside, London, England, EC2V 6DN.*
Picktan Capital markets itself as a global wealth management firm with clients across Europe, North America, Asia, and the Middle East. It claims to provide bespoke investment management, financial planning, and strategic advisory services to high-net-worth individuals, family offices, and institutions, with over $7 billion in assets under management.
Investors were given a sophisticated online trading platform to log into with the promise of high returns on their investments.
By the April 2025, there were claims in the media that there was speculation that Picktan Capital was going to float on the London Stock Exchange due to its strong financial performance.
BBC Money reported: “In preparation for the potential listing, Picktan Capital has assembled a dedicated internal team to lead the IPO process, supported by external legal, regulatory, and financial advisors.”
However, a similar article by news agency Reuters was withdrawn following a ‘post-publication review’.
By the end of 2025, there were the first signs of investors raising concerns with allegations that they were finding it hard to withdraw funds.
This was followed by an FCA warning about the firm providing or promoting financial products without their permission.
We are currently examining different routes to see the most effective way of helping investors who have concerns.
By cross-referencing different investors’ experiences we are able to build a bigger picture of how we can help.
We are keen to hear from anyone who fears that they may have lost money that they invested through Picktan Capital.