Fairstone forecasts 30% increase in advice firm buyout programme sign-ups

Fairstone's DBO was set up to offer initial, minority equity investment, operational resource, and regulatory support to partner firms. When partner firms are fully integrated, they can sell to Fairstone and continue to share in the proceeds of their growth following full acquisition. The firm set out that a combination of regulatory requirements, entrepreneurial ambition and opportunities presented by intergenerational wealth transfer has fuelled demand from IFAs and wealth management firms to join the business. Fairstone has been using its DBO model since 2012 and more than 100 f...