Mergers and acquisitions  

Fairstone adds £150m with NI adviser purchase

Last month, Fairstone bought Chadney Bulgin, adding funds under management in excess of £850m and bringing an additional 11,000 wealth and mortgage clients into the group.

Hartley added: “Fairstone supports sector leaders in developing their businesses and I can say with confidence that we remain in a superb position to deliver more growth this year and far beyond.

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“Our approach is the exact opposite of the traditional ‘consolidator’ model and our underlying numbers – from client satisfaction and client retention through to earn-out performance – fully back this up.”

In October, the firm said it was in “active discussions” with more than 45 firms about joining its buyout programme. 

sonia.rach@ft.com

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