Fairstone has completed the full acquisition of Cheshire-based IFA Hammond McNulty Wealth Management in what the consolidator business has said will prove "the first in a series of major acquisitions" in 2018.
The deal adds funds under management (FUM) of approximately £50m - a figure Hammond McNulty said it hoped to double over the next five years. Five staff will join Fairstone as part of the deal. Hammond...
2019 Survey opens in June
'Necessary steps' taken
Penalty payments and enforcement policy
Fees as low as 0.04%
Client procurement costs ‘unsustainable’