04 Jun 2018
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces another significant step forward in its growth plan for 2018 with two advice firms joining the Group. The company confirms it has secured Utopia Financial Planning and Sovereign Wealth Management into its downstream buy out programme and both will be fully integrated into Fairstone prior to final acquisition. Collectively, Utopia Financial Planning and Sovereign Wealth Management will bring 16 members of staff to Fairstone, as well as a total ongoing fee revenue of £2m and £220m AUM. Between them, the...
08 May 2018
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that it has signed up London-based Premier Portfolio Financial Services to its downstream buy out programme. This is the third business to join Fairstone’s proprietary acquisition framework in 2018, with the aim of fully integrating the company prior to full-acquisition. The deal brings four staff and total ongoing fee revenue of £550k and £40m AUM to the wider business. Fairstone services 41,000 private clients with over £8.1bn in investment and pension assets. Founded in 1995, Premier Portfolio Financial...
23 Apr 2018
Fairstone, one of the UK’s fastest growing Chartered Financial Planning firms, today announces that Sims Financial Planning has been fully acquired by the business, the third acquisition of 2018. Sims first joined Fairstone through its proprietary Downstream Buy Out programme in July 2015 and completed its integration prior to the final purchase. The deal brings total fee income of almost £500,000 to Fairstone and funds under management of more than £90m. Three staff will also join Fairstone. As the downstream buy out programme enters a more mature phase, more companies which have been...
17 Apr 2018
Fairstone, one of the UK’s fastest growing Chartered Financial Planning firms, today announces the effective launch of its Individual Buy Out programme (IBO) with eight deals already confirmed. The launch builds on Fairstone’s impressive long-term growth strategy and the success of its Downstream Buy Out programme for larger IFA firms. The deals secured at launch secure a total of £1.5m fee revenue and £130m AUM to the business. The Individual Buy Out programme is a unique structure in the market which enables individual advisers to build a long term, tax-efficient retirement fund and ensure...
09 Apr 2018
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that it has signed up two advisory firms to its downstream buy out programme. Brett & Randall Financial Services and Chilli Financial are well-established businesses which will bring in excess of £250m AUM to the Fairstone Group. These are the first firms to enter the DBO programme this year and Fairstone anticipates a total of nine DBO acquisitions in 2018. Collectively, the deals bring a total of 13 advisers and support staff to the wider business as well as combined revenues of circa £1.8m. Fairstone...

Pages