Fairstone’s mergers and acquisitions team has onboarded 29 new partner firms, contributing £4.1bn in additional assets under management (AUM) and bringing 177 advisers into its network over the past 24 months.
During the same period, Fairstone fully acquired 11 businesses, further consolidating its position in the wealth management sector. The group concluded 2024 with the signing of its 87th partner firm through its flagship Downstream Buy Out (DBO) programme. The DBO programme enables IFAs to release capital at the outset of their partnership while working towards a full sale at a time of their choosing. The model also provides investment, resources, and access to new clients. Fairstone CEO Lee Hartley said: "Throughout 2024 we have welcomed some fantastic, growth-orientated firms into...
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