Fairstone makes third acquisition of 2018, adding £90m FUM

Sims Financial Planning first joined Fairstone through its downstream buy out (DBO) programme in July 2015 and completed its integration prior to the final purchase. The firm has been based in Fairstone's City office since it joined the DBO programme.  Three staff from Sims will also join Fairstone as part of the deal. As the DBO programme matures, Fairstone said, more companies that have been successfully integrated into the group would progress through to full acquisition. The group expects to complete six further acquisitions from the programme during the course of 2018.  Sims F...