Fairstone continues acquisition spree in Scotland
By Michael Klimes 22
Fairstone chief executive Lee Hartley
Consolidator Fairstone has acquired Dundee based Findlay & Company Financial Services, which is the third of year.
It brings 1,000 clients into the group together with Findlay’s five advisers, four support staff and funds under management in excess of £100m.
Findlay is a whole-of-market advice firm specialising in advice and management of investment and retirement portfolios.
The buy-out model is one the market knows well where Fairstone integrates ambitious IFA firms into the group.
This is typically over a two-year period, prior to final acquisition and aims to target firms that have potential to grow organically.
Fairstone signs third acquisition deal of 2021
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