Fairstone adds two more firms to DBO programme

Seven new advisers added

Hannah Godfrey
clock • 1 min read

Fairstone has signed up advisory firms Chartermarque and Hammett & Petch Financial Planning to its downstream buy out (DBO) programme, adding a total of £200m funds under management (FUM).

Collectively the deals have brought seven new advisers and a team of support staff to the financial planning firm, as well as combined revenues of £1.4m. Fairstone now services 41,000 private clients with more than £7bn in investment and pension assets. Chartermarque has offices in Glasgow and London and focuses on pensions, wealth management and financial planning, while Bracknell and Milton Keynes-based Hammett & Petch specialise in pensions, investment and inheritance planning. Since the beginning of 2017, Fairstone has brought seven advisory firms into its DBO programme, most rece...

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 to deliver 'fewer and faster' enforcement outcomes this year

FCA to deliver 'fewer and faster' enforcement outcomes this year

Therese Chambers says the watchdog is prosecuting more people than ever before

Sahar Nazir
clock 23 October 2025 • 2 min read
Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 23 October 2025 • 1 min read
Reeves' rumoured ISA reforms risk 'harm' and diversification issues

Reeves' rumoured ISA reforms risk 'harm' and diversification issues

Concerns over rumoured £10k cash ISA cap and potential UK equity mandate

Sahar Nazir
clock 22 October 2025 • 5 min read