Consolidator Fairstone has signed its eighth deal of 2020 under its downstream buy-out (DBO) programme by partnering with Complete Financial Planning
The programme, which gradually integrates a new firm into Fairstone typically over a two-year period, brings the firm's total funds under management (FUM) to more than £1.2bn. Complete FP, based in Hereford, has a gross fee income total of £1.5m and FUM of more than £140m. The deal increases Fairsonte's footprint across the West Midlands and will bring more than 1,600 clients, 11 advisers and 10 support staff to the wider business. Fairstone CEO Lee Hartley (pictured) said: "We are delighted to welcome Complete Financial Planning into our downstream buy-out programme. The team at Comp...
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