Fairstone completes DHD WM acquisition 11 months early

Adds £260m FUM

Victoria McKeever
clock • 1 min read

Fairstone Group has increased its funds under management (FUM) by a further £260m after completing its acquisition of DHD Wealth Management 11 months ahead of schedule.

Led by principals Aled Davies, Clive Davies and Denise Jacob, DHD is a firm of independent financial advisers that provides advice to clients throughout Wales on all aspects of investment, pensions, life insurance and tax planning. The acquisition, which began when DHD entered into Fairstone's downstream buy-out programme in April 2016, will see four advisers and five support staff join the group. It will bring total revenue of £1.5m to Fairstone. Fairstone chief executive Lee Hartley (pictured) said: "The integration and due diligence process with DHD progressed exceptionally well an...

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

FCA opens targeted support authorisation gateway

FCA opens targeted support authorisation gateway

Firms can now apply for permission to provide targeted support

Isabel Baxter
clock 02 March 2026 • 2 min read
Nearly two million rely on unvetted influencers for financial advice

Nearly two million rely on unvetted influencers for financial advice

Around 7.7 million UK consumers have followed social media advice

Isabel Baxter
clock 02 March 2026 • 3 min read
Feel Good Friday: Continuum adviser to run London Marathon for hospice charity

Feel Good Friday: Continuum adviser to run London Marathon for hospice charity

Mike Jarrett will raise funds for St Peter’s Hospice

Professional Adviser
clock 27 February 2026 • 1 min read