Fairstone acquires Dublin-based Pax Financial

The purchase adds 66 staff and advisers into the group as well as more than 7,700 clients and £200m funds under management (FUM). Dublin-based Pax Financial also behind the well-established brand ‘AskPaul', which offers financial advice to consumers via social media channels, it said. Pax Financial's CEO Paul Merriman (pictured) will now take on the role for Fairstone in Ireland, according to the firm. Merriman said that that the Fairstone proposition appealed as it is a proven and highly successful model in the UK which offers huge potential for the Republic of Ireland, a market whic...