Fairstone snaps up Devon-based Sabre Financial

The deal will take Fairstone's total funds under management (FUM) added through its DBO programme to more than £1.3bn. The firm's DBO programme is built on acquitting sustainable growth and operates by integrating IFA firms into the group, typically over a two-year period prior to final acquisition. The merger will increase the firm's presence in the South West and adds some 1,000 clients, four advisers and six support staff to the wider business. It is its ninth such deal of 2020. Fairstone CEO Lee Hartley (pictured) said: "We are delighted to welcome Sabre Financial into our downstr...