Fairstone completes double buyout deal adding £318m in FUM

Consolidator launches southern hub in Farnborough

Jenna Brown
clock • 1 min read

Fairstone has completed two full acquisitions adding more than £318m in funds under management (FUM) to its books.

Grayside Financial Services in Epsom and Swindon-based Executive Wealth Management joined the Newcastle-based consolidator's downstream buyout programme in 2022. After an integration period, both have now been fully bought out. The double deal added 1,250 new clients. It comes after the company opened its sixth nationwide hub in Farnborough which is the main focus for its southern operations. It said the move was part of a strategy to open offices in several key locations across the UK over the next 12 months. Fairstone CEO Lee Hartley said: "Grayside and Executive Wealth are client-f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

L&G to offer targeted support nudging pension savers away from cash

L&G to offer targeted support nudging pension savers away from cash

Will also be integrated into its guided income solution

Isabel Baxter
clock 01 May 2026 • 2 min read
Barclays launches planning and advice service

Barclays launches planning and advice service

Service launched for customers with minimum £150,000 to invest

Sophia Panayi
clock 30 April 2026 • 2 min read
Shackleton acquires £200m AUM Arundel Wealth Management

Shackleton acquires £200m AUM Arundel Wealth Management

Adds to financial planning offering for sports professionals

Isabel Baxter
clock 30 April 2026 • 2 min read