Fairstone acquires two IFAs creating Aberdeen hub

City Gate Aberdeen and Albyn Associates add £180m assets

Sophia Panayi
clock • 2 min read

Fairstone has acquired two IFA firms - City Gate Aberdeen and Albyn Associates - and has now created a hub office in Aberdeen.

City Gate Aberdeen and Albyn Associates have relocated to Fairstone's new hub office in Westhill on the outskirts of Aberdeen, where they join the rest of the group's existing operation in the Granite City. City Gate Aberdeen was founded September 2002 and provides clients with a range of financial planning, mortgage and protection services, managing more than £100m of assets. Headed by chartered financial planner and PFS fellow Alan Johnston, City Gate Aberdeen first partnered with Fairstone in 2023 through the group's downstream buy out (DBO) programme. City Gate Aberdeen's partn...

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