Fairstone has signed up advisory firms Chartermarque and Hammett & Petch Financial Planning to its downstream buy out (DBO) programme, adding a total of £200m funds under management (FUM).
Collectively the deals have brought seven new advisers and a team of support staff to the financial planning firm, as well as combined revenues of £1.4m. Fairstone now services 41,000 private clients with more than £7bn in investment and pension assets. Chartermarque has offices in Glasgow and London and focuses on pensions, wealth management and financial planning, while Bracknell and Milton Keynes-based Hammett & Petch specialise in pensions, investment and inheritance planning. Since the beginning of 2017, Fairstone has brought seven advisory firms into its DBO programme, most rece...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes