Brett & Randall become latest Fairstone acquisition

Brett & Randall become latest Fairstone acquisition

Fairstone, one of the UK’s largest Chartered Financial Planning firms, today announces that Brett & Randall Financial Services has been fully acquired by the business.

The purchase, the second of the year by the full-service wealth management house, further highlights the strength of Fairstone’s proprietary Downstream Buy Out (DBO) model in integrating ambitious IFA firms into the group.

Brett & Randall, which specialises in the management of investment and retirement portfolios, is based in Leicester.

Fairstone Recognised with Prestigious Private Equity Award

Fairstone Recognised with Prestigious Private Equity Award

Fairstone, a full-service wealth management house delivering integration-led growth, is celebrating success after being named Yorkshire & North East Management Team of the Year at the BVCA Awards in Leeds. The company was nominated for the award by the professional services community and this category recognises larger and more mature business, with a current enterprise value judged at being in excess of £100m.

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.

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