The accreditation is specifically for Financial Planning and advisory firms and requires firms to deliver fair, transparent and professional interaction with clients.
Mr King was also awarded the Personal Financial Planning Standard ISO22222.
Mr King said: "Our clients can have confidence in our ability to consistently deliver a high quality of service because we are adhering to the incredibly high standards of professionalism and technical competence, backed up by robust systems and processes, that BS8577 demands."
Michelle Hoskin, business development director at Standards International said: "MFP Wealth Management is a fantastic example of a business that has gone the extra mile to ensure they are delivering an exceptional service to their clients.
"Managing director Justin King and his team have pulled out all the stops to meet the criteria to be awarded both of these professional quality standards, it's a truly fantastic professional achievement."BS8577 was developed by industry experts and consumer representatives including Standards International, British Standards Institute and Which? consumer group.
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