Chartered financial planning firm Fairstone has completed its second acquisition in two weeks by taking over Howton Financial Services.
Leeds-based Howton will add about £53m of funds under influence to Fairstone's books. The firm specialises in financial planning for individuals, families and businesses with a focus on tax efficiency, pensions and investment.
"We are delighted that Howton Financial is coming on board," said Fairstone Group CEO Lee Hartley (pictured). "This is the third recent purchase to complete under our DBO model and is testament to the robust nature of our process in partnering with quality advice companies."
Howton Financial Services managing director Paul Howard added: "We are extremely proud to be joining Fairstone which, like us, focuses on delivering the best possible quality service to clients. We firmly believe Fairstone will provide a good home for both our clients and business in the future."
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