19 Sep 2019
5% increase in client numbers over six months Trustpilot score shows on-going overall client satisfaction rate of 98% £510m AUM and almost £4.4m in gross fee income added through DBO programme Four further firms fully acquired representing £4m in fee income Additional 19 members of staff recruited into primary support functions Fairstone, one of the UK’s largest Chartered Financial Planning firms, has seen its client base rise to 59,000 – a 5% increase over the past six months – with three firms joining its Downstream Buy Out (DBO) programme and a further four being fully acquired by the...
02 Sep 2019
Fairstone Group, which incorporates one of the UK’s largest Chartered Financial Planning firms, has seen a more than 50% increase in recurring income according to its latest results. Audited accounts just completed for 2018 show that recurring income has increased to £34.1m, up from £22.2m in 2017, representing 63% of advisory revenue. Meanwhile total client numbers during this period have risen over 16% to 57,000, while funds under management have increased by 36% to £7.2bn with funds under advice rising to £9.6bn. Total revenue for the 2018 financial year has also grown by 20% to £58m,...
18 Feb 2019
25% increase in client numbers, up to 51,000 Trustpilot score showing overall client satisfaction rate of 97% £365m AUM and almost £3m in gross fee income added through DBO programme 2 further firms fully-acquired representing c£1.2m in fee income Additional 45 members of staff recruited into primary support functions 2 Chartered Financial Planners join through IBO Fairstone, one of the UK’s largest Chartered Financial Planning firms, has seen its client base rise to 51,000 – a 25% increase on the previous year. The strong growth in client numbers is bolstered by the company’s Trustpilot...
19 Dec 2018
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that Darlington-based Belasis IFA has been fully acquired by the business, the fifth acquisition in recent months. The purchase highlights the strength of Fairstone’s proprietary Downstream Buy Out (DBO) model in integrating ambitious IFA firms into the group. The acquisition brings additional gross fee income of £500,000 to Fairstone together with funds under management of another £50 million. In addition, 1,250 clients and the business’ five advisers and two support staff join Fairstone. Belasis IFA...
10 Aug 2018
Fairstone, one of the UK’s fastest growing Chartered financial planning firms, today announces that it has taken a majority stake in Wokingham-based Allensons Mortgage Advisors, as it continues to implement its ambitious growth strategy. As part of the deal, Allensons will rebrand as Fairstone Mortgage Solutions and join a rapidly growing part of the company, which wrote over £1.25bn of new mortgage business over the past year. Paul Cleveland, principal at Allensons, will retain a significant shareholding alongside Fairstone. The purchase marks Fairstone’s fifth of 2018 and brings recurring...

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