The award, run by the Institute of Financial Planning, will recognise the best-performing Accredited Firm on the register.
Firms must have been on the register for at least six months in order to be eligible to enter.
The 'Recognising Excellence' award was first announced by IFP chief executive Nick Cann at the Accredited Firms conference back in March.
Firms will be judged on their impact on the Financial Planning profession and their business performance.
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The impact of the Financial Planning profession will be judged via one or more of the following criteria:
-Contribution to the Financial Planning profession (which includes building best practice and development of consumer awareness of Financial Planning.)
-Innovation
-Service excellence
The judges will also look at firms' business performance and most recent accounts.
Candidates should submit 2,500 words on a criteria above about what their firm has done over the past 12 months and why they should win.
Applications will be accepted until 1 July and firms will be notified if they have been shortlisted by 1 August. Up to three shortlisted candidates will be invited for interviews and the winning firm will be announced at the IFP conference in September.

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