Fairstone adds two advice firms to its acquisition programme

The two firms snapped up by Fairstone and added to its downstream buy-out (DBO) programme are Goodman Chartered Financial Planners and East Devon Associates.  Goodman CFP, based in Tunbridge Wells, Kent, adds four advisers, eight support staff and 520 clients. East Devon Associates, meanwhile, adds two advisers and around £65m funds under management. Fairstone said the deal collectively adds 1,000 clients, 17 advisers and support staff as well as gross fee income of more than £2m to its business. It is the second set of acquisitions Fairstone has made this calendar year. In January...