Fairstone Group, the largest Chartered financial planning firm in the UK, has completed its acquisition of Leicestershire-based firm My Wealth Management, adding £140m funds under management (FUM) to its books.
My Wealth Management, which is led by financial director Ian Morris and represents around 1,500 clients, specialises in investments, retirement and estate planning. Fairstone finalised the purchase...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year