09 Apr 2018
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that it has signed up two advisory firms to its downstream buy out programme. Brett & Randall Financial Services and Chilli Financial are well-established businesses which will bring in excess of £250m AUM to the Fairstone Group. These are the first firms to enter the DBO programme this year and Fairstone anticipates a total of nine DBO acquisitions in 2018. Collectively, the deals bring a total of 13 advisers and support staff to the wider business as well as combined revenues of circa £1.8m. Fairstone...
05 Mar 2018
Fairstone, one of the UK’s fastest growing Chartered Financial Planning firms, today announces that Lincolnshire-based Zimb Johnson Bespoke Financial Planning have been fully acquired by the business, the second such deal of 2018. Zimb Johnson first joined Fairstone in 2015 and the purchase highlights the strength of Fairstone’s proprietary downstream buy out (DBO) model in integrating ambitious IFA firms into the group. The deal brings total fee income of c. £850,000 to Fairstone and funds under management of almost £200m. Four staff will also join the group. Zimb Johnson Bespoke Financial...
27 Feb 2018
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that Cheshire-based Hammond McNulty Wealth Management has been fully acquired by the business and marks the first in a series of major acquisition for Fairstone in 2018. Hammond McNulty joined Fairstone’s DBO programme in 2012 and during this period has fully integrated into the Group, taking advantage of Fairstone’s technology, marketing services and financial support to boost revenue and growth prior to completion of the acquisition process. The deal adds funds under management of approximately £50m and...
23 Jan 2018
Fairstone, one of the UK’s fastest growing Chartered Financial Planning firms, announces the appointment of Tom Taylor as Chief Risk Officer. Tom will take up the role in May 2018 and will also join the Fairstone Group board of directors. Tom brings with him almost 30 years of extensive experience in risk and regulatory control across the retail distribution space within the financial services industry. In his career Tom has held senior risk roles within global leaders such as Marsh, Ageas, KPMG and EY. As CF10, Tom will manage Fairstone’s regulatory strategy and policy alongside the group’s...
04 Dec 2017
Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that it has fully acquired Glasgow-based IFA, Professional Partners, in a deal which completes the purchase of the company following a period within Fairstone’s downstream buy out (DBO) programme. This is the fourth outright acquisition the company has made in 2017 and marks a huge step forward in its ambitious growth strategy. The acquisition brings revenue of £1.1 million to Fairstone and funds under management of approximately £160 million. The three advisers and five support staff at Professional...

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