Fairstone enhances investment management proposition with senior appointment

Chief Operating Officer, Nick Stebbing stands in front of Fairstone reception.

Fairstone today announces the appointment of Nick Stebbing as Chief Operating Officer, a move that signals its intent to further enhance its investment management business and broaden the range of services available to both clients and advisers.

Nick Stebbing, a seasoned executive with over 25 years of experience in European wealth management, joins Fairstone from his previous role as COO at Saltus, subject to regulatory approval. His extensive career includes leadership positions as Head of Product at BNY Mellon and Director of Transaction Services at Citi Group.

Stebbing’s expertise will play a strategic role in refining Fairstone’s investment proposition, ensuring clients benefit from a differentiated and robust, whole-of-market investment offering. Fairstone’s managed investment portfolios already save clients over £6 million annually, and this new direction will further elevate its market presence.

Fairstone CEO, Lee Hartley added : “We are delighted to welcome Nick to our leadership team. His deep experience in platform and investment management will help to expand our offering, complementing our whole-of-market options. Nick’s ability to build strong relationships with business partners will be invaluable in developing our client proposition. I am confident he will ensure our proposition stands out in the marketplace and drives us into new areas.”

Nick Stebbing said : “I’m thrilled to join Fairstone and take on this role. Fairstone’s growth rate and independent, Chartered status is truly impressive. Throughout my career, I’ve led large teams in delivering strategic objectives to drive business growth. Our investment team is outstanding, and I’m excited to help deliver exceptional outcomes for both clients and advisers while stretching our wealth management capabilities.”

Nick’s appointment coincides with Fairstone’s recent organisational redesign, which integrates its wealth advisory, professional development, training, recruitment and central paraplanning functions into a unified advisory structure. This strategic alignment underscores Fairstone’s ongoing commitment to enhancing operational efficiencies and fostering organic growth.