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

FSCS anticipates levy drop to £342m in 2026/27

FSCS anticipates levy drop to £342m in 2026/27

2025/26 levy remains at £356m

Isabel Baxter
clock 12 November 2025 • 2 min read
Rosemount adds 16 advisers to network in third quarter

Rosemount adds 16 advisers to network in third quarter

Network posts net growth of 23.5%

Isabel Baxter
clock 07 November 2025 • 2 min read
Verso transfers investment management arm custody to Third Financial

Verso transfers investment management arm custody to Third Financial

Extends partnership with Nucleus in a five-year deal

Isabel Baxter
clock 06 November 2025 • 1 min read