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Advice firms acquired by Fairstone net average 116% earn-out price

Advice businesses bought out by Fairstone attain an average 116% of their original sale value with 25% of the acquisitions receiving more than 20% above their target earn-out value, according to data from the firm.

Top to bottom: Is vertical integration good for advisers?

Customers need to understand what they are getting, and the difference between independent and restricted advice. And, ultimately, customer outcomes must remain at the centre of any tie-ups.

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