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Youngest PFS fellow finds new advice firm

The youngest ever fellow of the Personal Finance Society has moved to a new advice firm.

Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body.

Chief executive Keith Richards described the achievement as “truly remarkable”.

Faircloth began his career as a financial planner and employee benefits consultant at Attivo in Cheltenham before moving to London wealth manager Investment Quorum.

He has a keen interest in how technology can be used to enhance financial planning.

Faircloth has now gone to Mercer as a senior associate and financial planner.

Faircloth said he could not comment on the move at this stage, but further details of his role will be announced in a forthcoming release, he told Money Marketing.



Adviser becomes youngest PFS fellow at age 22

A 22-year-old adviser has become the youngest ever fellow of the Personal Finance Society. Vito Faircloth passed his final three exams last week to qualify to become a fellow of the professional body after 21 months of study. Faircloth qualified as a level four adviser in August 2015, and a year later joined Investment Quorum […]


Directors disqualified over fine wine investment scam

Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]

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AJ Bell wins Sipp charges complaint

AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]


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There are 2 comments at the moment, we would love to hear your opinion too.

  1. I do feel for the companies that enabled him to achieve so much, only for him to leave for a bigger firm.

    • That’s always the risk personally I am proud of those we helped develop and remain on good terms with all
      My only comment would be that soft skills are best learnt in firms like IQ I am not sure Mercers will provide the bespoke training going forward

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