21 Dec 2016
Fairstone Private Wealth Limited today announces that its Marketstar Model Portfolio Service (MPS) has received two Defaqto 5 Star Ratings. The Marketstar MPS achieved the highest rating possible in the DFM MPS Direct and MPS on Platform categories. Highly respected for its independent and unbiased financial research, Defaqto is well known for its long-established, robust ratings methodology. To achieve a Defaqto 5 Star Rating the Marketstar discretionary propositions had to meet stringent overall requirements as well as offer a number of core criteria aimed at ensuring that the proposition...
13 Dec 2016
We are delighted to announce that Fairstone Group has fully-acquired Leeds based Howton Financial Services. Led by founder and business principle, Paul Howard, Howton specialises in holistic financial planning for individuals, families and businesses with a focus on tax efficiency, pensions and investment. Fairstone first partnered with Howton three years ago and since then, the team has continued to go from strength to strength. Lee Hartley, CEO of Fairstone Group, said: “We are delighted that Howton Financial is coming on board; the third recent purchase to complete under our DBO model and...
05 Dec 2016
We are delighted to announce that Fairstone Group has fully-acquired Leicestershire based My Wealth Management. Led by Ian Morris, My Wealth Management specialises in investments, retirement and estate planning and represents some 1,500 clients.  It also provides a bespoke financial management service through ActivePlan and ActivePlan+, an on-going review of a client’s financial portfolio.  Fairstone first partnered with the company three years ago as part of its downstream buyout (DBO) model. The DBO model sees Fairstone take an initial minority stake in an IFA business and integrate the...
16 Nov 2016
Fairstone Group, one of the UK’s largest Chartered Financial Planning firms announces that it has signed up Bankfield Financial Advisers to its downstream buyout programme.  Leicester-based Bankfield offers holistic financial planning services to individuals and businesses. With over 2,500 clients, the Bankfield deal brings revenue of £600K to the Fairstone Group and funds under management in the region of £30 million.  Under the terms of the deal, following an integration period Fairstone plans to fully acquire the Bankfield business. Founded by Naren Naik in 1993, Bankfield comprises three...
01 Nov 2016
Today we are delighted to announce that Fairstone Group has fully-acquired Staffordshire-based Angela Murfitt Financial. Led by Angela Murfitt, Angela Murfitt Financial specialises in investment, pensions and IHT planning, representing 170 clients.  Fairstone first partnered with the company four years ago as part of our downstream buyout (DBO) model. The DBO model sees Fairstone take an initial minority stake in an IFA business and integrate the firm over a number of years.  This helps to minimise Fairstone’s exposure to integration risk and allows the acquired company to profit from their...

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