Fairstone signs third acquisition deal of 2021

Findlay & Company FS is a whole-of-market advice firm specialising in advice and management of investment and retirement portfolios. Fairstone said the deal brought funds under management of more than £100m as well as 1,000 clients into the group together with Findlay's five advisers and four support staff.  The deal was done through Fairstone's 'downstream buyout model' which integrates IFA firms into the consolidator's business model over the course of a two or three year period prior to final acquisition. Fairstone chief executive Lee Hartley said the business had worked closely...