Fairstone has recorded a revenue growth of 32% and has surpassed £17bn in funds under management, according to its annual report.
A key element of Fairstone's strategy is the expansion of its Mineral service, a remote advisory platform designed for clients with less complex financial needs. The group marked a 32% year-on-year revenue increase. Its pro forma fee income reached £154m in the last quarter of 2023. One of the growth drivers is the stability of its revenue base, with 94% of its income being recurring, according to Fairstone. Fairstone CEO Lee Hartley said: "Our continued growth stands us in good stead for the implementation of the next phase of our strategy. While there remains some turbulence in t...
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