Fairstone adds Surrey advice firm in seventh deal of 2020

Gained £1.2bn FUM in 2020

Hannah Godfrey
clock • 2 min read

Consolidator Fairstone has added 11 advisers to the firm after partnering with Surrey-based Mantle Financial Planning.

Mantle FP has joined Fairstone through its downstream buyout (DBO) programme, which gradually integrates a new firm into Fairstone typically over a two-year period, before it is fully acquired. The consolidator has gained almost £1.2bn in funds under management (FUM) through its DBO model so far this year, bringing total FUM at the firm to close to £10bn and funds under advice to almost £12bn. The agreement with Mantle FP has added more than 1,750 clients to Fairstone, along with 11 advisers, 13 support staff, FUM of more than £480m and gross fee income of £3.3m. Mantle has an offi...

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

Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read
FCA flags progress on internal DEI targets and urges action on Consumer Duty

FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock 11 July 2025 • 2 min read
FCA reviewing client categorisation rules to distinguish retail investors from the pack

FCA reviewing client categorisation rules to distinguish retail investors from the pack

Goal of 40 more initiatives to be completed by year end

Eve Maddock-Jones
clock 10 July 2025 • 2 min read