Fairstone Chairman David Hickey said: “I have known and worked with Lee for almost a decade.
“He is the most impressive business founder I have ever worked with, and the scale and continuing success of Fairstone is a lasting tribute to his abilities as a businessman and leader. I have no doubt his new business in the venture capital sector will be equally successful in the years to come.
“In the meantime, and on behalf of all Fairstone stakeholders, I would like to thank hi’m for his enormous contribution to making Fairstone one of the largest and most trusted wealth managers in the UK and Ireland, and I wish him every success in the future.
“As a business, Fairstone continues to go from strength to strength. We have an excellent CEO in the form of Steven Cooper, a highly experienced and motivated senior management team and exciting plans for further expansion in 2026 and the years beyond.”