Fairstone adds £200m AUM with latest acquisition

The acquisition of Chartermarque adds an additional 200 clients to the group alongside the firm's four advisers and four support staff.   It follows the consolidator's acquisition of Hammett and Petch Financial Planning in January and news that the group had last month secured a "major" investment from private operator TA Associates to fund its long-term growth plans. The acquisition comes after whole-of-market advice firm Chartermarque completed Fairstone's two-year ‘downstream buyout programme' which sees businesses agree to acquisition after a period of integration. Fairstone ch...