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

Investors caution Reeves' ISA reforms 'would need to strike a careful balance' to solve UK investment crisis

Investors caution Reeves' ISA reforms 'would need to strike a careful balance' to solve UK investment crisis

‘A significant shift’ but not unprecedented

Sorin Dojan
clock 21 February 2025 • 2 min read
Advisers urged to encourage philanthropy as UK's wealthiest donate £8bn

Advisers urged to encourage philanthropy as UK's wealthiest donate £8bn

CAF report highlights untapped philanthropic potential among high-net-worth clients

Sahar Nazir
clock 21 February 2025 • 2 min read
Feel Good Friday: MKC Invest 'do things differently' with GAIN partnership

Feel Good Friday: MKC Invest 'do things differently' with GAIN partnership

The DFM partnered with GAIN last year

Professional Adviser
clock 21 February 2025 • 1 min read