Fairstone continues spending spree with 10th acquisition of 2020

The purchase of the Hampshire-based firm, which brings more than £150m of funds under management, was completed through Fairstone's downstream buyout (DBO) programme which integrates IFA firms into the group usually over a two-year period. The acquisition will bring an additional 153 clients into the group, along with Cube's two advisers and one member of support staff. Fairstone CEO Lee Hartley (pictured) said: "We are delighted to complete the final acquisition of Cube Financial Planning, having worked closely with them throughout the integration phased. The team are a strong cultur...