View more on these topics

Consolidator Fairstone adds two more advice firms to ranks

Seven firms have joined Fairstone so far this year

Two more advice firms are joining consolidator Fairstone, adding seven new advisers and £200m in funds under management.

Chartermarque, which is based in Glasgow and London, and Hammett & Petch, based in Milton Keynes and Bracknell, have signed up to Fairstone.

Fairstone chief executive Lee Hartley says: “We will help both firms grow in the manner that best fits their plans and the aspirations of the respective management teams – importantly we will be able to assist with the ever increasing regulatory burden.”

Two more advice firms join consolidator Fairstone

Seven firms have joined Fairstone so far in 2017.

Chartermarque principal Scott Morton says: “We see this as a very positive move and believe that being part of a larger national firm will undoubtedly benefit our clients and staff.”

Hammett and Petch say: “We look forward to aligning with the whole-of-market approach of Fairstone and we share their vision of how financial advice should be offered to clients.”


Fairstone’s latest deal adds £160m in assets

Consolidator Fairstone Group has completed the acquisition of IFA McParland and Partners for an undisclosed sum. Fairstone operates what it calls a “downstream buyout” model in which it takes a minority stake in advice firms then integrates them into the business before acquisition. It first started working with McParland and Partners in 2014. The advice […]

Network takes on more debt to fund growth drive

Sandringham Financial Partners took on £1 million of additional debt in 2016 to fund its growth plans, its accounts show. The size of the company’s liabilities are revealed in its full year results for 2016, which have just been filed with Companies House. In total, the Yorkshire-based network had net liabilities of £5,208,678  – an […]

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment