Fairstone 'on track' to deliver 2019 growth plans

Four acquisitions in six months

Sophie King
clock • 2 min read

Consolidator Fairstone has said it is "on track" to deliver its ambitious growth plans after the completion of its latest acquisitions and most recent hire.

In its strategic update published on Thursday (12 September), Fairstone said it has brought in Aberdeen-based Chartered financial planner Mark John Crichton who brings an additional 35 clients and £19 assets under management (AUM) to the group. Fairstone said this was as a result of its individual buy out (IBO) programme, which helps advisers to ensure a continuity of service for their clients. The IBO programme launched in 2018. Earlier this month, the group said interest in further acquisitions remained ‘very high' as interest in its downstream buyout (DBO) programme also remained h...

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