Fairstone acquires Aberdeen-based Forbes Lawson Wealth Management

Scotland continues to be ‘a key focus’ for Fairstone

Sahar Nazir
clock • 1 min read

Fairstone has completed the acquisition of Aberdeen-based Forbes Lawson Wealth Management as it expands its presence in Scotland.

This acquisition brings Fairstone's funds under management to more than £17bn, with a client base exceeding 125,000 across the group. Fairstone said Scotland continues to be a key focus as it now operates or partners with over 20 locations across the country. Forbes Lawson first partnered with Fairstone in 2021 through the company's Downstream Buy Out (DBO) programme. The DBO model provides capital investment, centralised resources, and access to portfolios available to investors through Fairstone's Investment Management team. Fairstone CEO Lee Hartley said: "Forbes Lawson's est...

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 Your profession

Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read
FCA flags progress on internal DEI targets and urges action on Consumer Duty

FCA flags progress on internal DEI targets and urges action on Consumer Duty

According to the FCA report 2024-2025

Sahar Nazir
clock 11 July 2025 • 2 min read
Wealthtime swings to £10m loss after setting aside £7.5m for legacy asset complaints

Wealthtime swings to £10m loss after setting aside £7.5m for legacy asset complaints

Platform firm moves forward with Wipro-led transformation despite fall in profitability

Sahar Nazir
clock 10 July 2025 • 2 min read