Fairstone CEO: 'We want to be disruptive on pricing'

Lee Hartley reveals two major developments for next year

Sahar Nazir
clock • 2 min read

Fairstone Group founder and chief executive Lee Hartley is looking to be “disruptive on pricing” by investing in the firm’s adviser platform technology, Sahar Nazir writes

The group's own platform is expected to launch in Q1 and provide clients with a more cost-effective investment experience. The development has come after Fairstone Group recorded a 33% year-on-year increase in revenue to £114m in the last quarter of 2022, up from £86m on the same period in 2021. Speaking to Professional Adviser, Hartley said the new addition is positioned to complement, rather than replace the existing ten platforms it currently allows its advisers to work on. The intent is to deliver a platform at a real cost to clients, enabling Fairstone to "disrupt the market w...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The rarely discussed barriers to closing the advice gap

The rarely discussed barriers to closing the advice gap

'The real issue isn't just access, it's attitudes, representation, and engagement'

Harry Webster
clock 04 April 2025 • 7 min read
The Apprentice stars call for more financial advice as online businesses surge

The Apprentice stars call for more financial advice as online businesses surge

‘Crucial that young entrepreneurs receive the right guidance to manage their finances’

Sahar Nazir
clock 03 April 2025 • 2 min read
Trump pushes ahead with global 'reciprocal' tariffs, sending markets into a tailspin

Trump pushes ahead with global 'reciprocal' tariffs, sending markets into a tailspin

20% on EU, 10% on UK

Sorin Dojan
clock 03 April 2025 • 2 min read