Fairstone continues spending spree by completing Welsh IFA deal

£120m FUM

Sophie King
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Lee Hartley: "The team’s client-centric ethos and first-class approach to their work makes them an excellent fit for Fairstone."
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Lee Hartley: "The team’s client-centric ethos and first-class approach to their work makes them an excellent fit for Fairstone."

Advice firm consolidator Fairstone has continued its spending spree by acquiring South Wales-based UskVale Financial Planning after the firm completed its downstream buy out (DBO) programme.

The deal through the DBO programme, which integrates IFA firms into the Fairstone group over a two-year period, will secure the consolidator a gross fee income of £1.2m with funds under management of...

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