UK financial advice group Fairstone has appointed Steven Cooper CBE as its new CEO, in a move it says will help support its ambition to double the size of its business by the end of 2030.
Cooper (pictured) will begin the role later in the autumn. He brings more than 30 years of experience in financial services, most recently as the group chief executive of Aldermore Bank, where he led the business through a period of substantial growth between May 2021 and earlier this year.
He said in a statement: “Steven said: “I am thrilled to be joining Fairstone. As well as being one of the fastest growing wealth advisory firms in the UK and Ireland, it is also one of the most trusted by its clients.
“I’m looking forward to working with colleagues across the business to support our clients and help shape the next phase of Fairstone’s journey.”
Cooper takes over from Fairstone’s founder Lee Hartley, who will become deputy chair of the business.
Fairstone has made a raft of advice firm acquisitions over the past few years, a strategy that looks set to continue as part of the plan under the new CEO. The business has amassed around £20bn of assets under management, with more than 120,000 clients.
