Pensions and Wealth Management Services joins Fairstone Group

Pensions and Wealth Management Services joins Fairstone Group

Fairstone Group, one of the UK’s largest Chartered Financial Planning firms announces that it has signed up Pensions and Wealth Management Services (PWMS) to its downstream buyout programme.   

Based in the South East of England and with a strong presence in the North West, PWMS offers holistic financial planning services, specialising in investments and pensions.  

Fairstone announces significant increase in client base and further growth

Fairstone announces significant increase in client base and further growth

  • 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.

Belasis IFA becomes latest Fairstone full acquisition

Fairstone steps up growth adding mortgage advisory business

Fairstone steps up growth adding mortgage advisory business

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.

Fairstone completes fourth acquisition of 2018

Fairstone completes fourth acquisition of 2018

Fairstone, one of the UK’s fastest growing Chartered financial planning firms, today announces the full acquisition of Harefield-based IFA Robert Goodman Associates (RGA). The deal completes the purchase of the firm following a two-year integration period within Fairstone’s downstream buy out (DBO) programme.

This is the fourth outright acquisition the company has made in 2018 as it continues to implement its ambitious growth strategy.

Fairstone fully-acquires Zimb Johnson following successful integration

Fairstone fully-acquires Zimb Johnson following successful integration

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.

Hammond McNulty becomes latest Fairstone full acquisition

Hammond McNulty becomes latest Fairstone full acquisition

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.

Professional Partners becomes latest Fairstone full acquisition

Professional Partners becomes latest Fairstone full acquisition

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.

Hase Osborne fully acquired by Fairstone Group

Hase Osborne fully acquired by Fairstone Group

Fairstone Group, one of the UK’s largest Chartered Financial Planning firms, today announces the full acquisition of Hase Osborne Asset Management Limited. Based in Wendover, Buckinghamshire, Hase Osborne Asset Management offers wealth management and holistic financial planning solutions for high net worth individuals.

This is the fourth successful transition in 2017 for a downstream buy out (“DBO”) partner being fully acquired by Fairstone and brings total revenue of £2.1m to the Fairstone Group with funds under management of approximately £250m million.

Two new firms join the Fairstone team

Two new firms join the Fairstone team

 

We are delighted to announce that we have signed up two new advisory firms to our downstream buy out (DBO) programme. Chartermarque and Hammett and Petch Financial Planning have joined Fairstone, bolstering our national footprint and adding a total of £200m funds under management.

Collectively, the deals bring seven new advisers and a team of support staff to the wider business as well as combined revenues of £1.4m. Fairstone now services 41,000 private clients with over £7bn in investment and pension assets.

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