Fairstone snaps up eighth firm through its DBO programme

£140m FUM

Sophie King
clock • 1 min read

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...

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 Companies

'Netflix for your finances': Money coaching startup targets advice gap

'Netflix for your finances': Money coaching startup targets advice gap

Jess Biggs launches Harman Wealth

Sophia Panayi
clock 13 May 2026 • 3 min read
Open letter urges NS&I regulation and authorisation

Open letter urges NS&I regulation and authorisation

Letter sent to interim CEO Jim Harra by The Family Building Society

Isabel Baxter
clock 13 May 2026 • 2 min read
French wealth manager enters UK market with IFA buy

French wealth manager enters UK market with IFA buy

Groupe Allen acquires London-based Altyx

Isabel Baxter
clock 13 May 2026 • 2 min read