Fairstone makes first advice firm buy of 2024 adding £110m in assets

The deal brings more than £110 million of assets under management, £1m fee income, 600 clients, and a five-strong team of financial advisers supported by a seven-strong team of paraplanners, mortgage advisers and administrative staff to Fairstone. JRT joined Fairstone's downstream buy out (DBO) programme which allowed for a period of integration and a focus on growth before full acquisition. The consolidator's mergers and acquisitions team recently celebrated 12 months of dealmaking, with 16 firms joining its DBO programme across the UK and Ireland and a further six full acquisitions....