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 suits modern investment adviser needs.
Star Ratings award a product or proposition a rating of between 1 to 5. A 5 Star Rating in both categories indicates not only that Fairstone’s MPS is one of the highest quality offerings in the market but also that the company provides its clients with consistency of excellence.
Fairstone Private Wealth Limited is part of the Fairstone Group. With revenues in excess of £36m and 250 advisers contracted, Fairstone Group is the UK’s largest chartered financial planning group.
Alick Campbell, Director of Fairstone Private Wealth which manages the Marketstar portfolios, said:
“We are extremely pleased to have been awarded the top Star Ratings from Defaqto for our range of Active and Intelligent Passive portfolios. The Defaqto Star Ratings demonstrate the validity of our investment solutions, and commitment to the adviser market, providing financial advisers with a valuable input to their due diligence process. Achieving this independent recognition helps underpin the quality of our offer and supports Fairstone’s ambitious growth plans in seeking strong, high quality businesses to partner with through our highly successful downstream buyout model.”
Frank Potaczek, Senior Vice President (Funds and DFM) at Defaqto added:
“The Defaqto Star Ratings have been specifically designed to help advisers and their clients make better financial decisions, by providing them with an independent and unbiased assessment of products and service propositions. A Defaqto 5 Star Rating indicates an excellent proposition, offering comprehensive features and benefits. I would like to congratulate Fairstone on achieving the highest rating on for its Managed Portfolio Service.”