Fairstone Group buys stake in McParland and Partners

Firm takes on a minority stake in North West-based company

Nicola Brittain
clock • 1 min read

Fairstone Group has acquired a minority stake in Lancashire headquartered McParland and Partners, adding ten advisers, 13 support staff and £160m in funds under management.

Fairstone will acquire a minority stake in Nelson-based McParland, integrate the company over several years and then buy the rest of the company once the integration has taken place. McParland, which also operates out of offices in Manchester and Sheffield, provides financial planning to 2,000 SME and high net worth clients. The deal sees Fairstone increase total revenue for the group by £1.6m, and funds under management by about £160m. McParland will be provided with Fairstone's front and back office support, which it says will ensure advisers have more time to provide advice. ...

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 Companies

Third Financial becomes platform partner for London planning firm

Third Financial becomes platform partner for London planning firm

Enters five-year agreement with City Asset Management

Isabel Baxter
clock 24 July 2025 • 1 min read
Chesnara raises £140m towards HSBC Life acquisition

Chesnara raises £140m towards HSBC Life acquisition

Deal valued at £260m

Cameron Roberts
clock 24 July 2025 • 1 min read
Integrity365 snaps up Essex-based advice firm

Integrity365 snaps up Essex-based advice firm

The firm acquires Peter Murray Financial Management

Isabel Baxter
clock 23 July 2025 • 2 min read