Fairstone has acquired Dundee-based Findlay & Company Financial Services for an undisclosed sum.
This marks Fairstone’s third acquisition of 2021.
Findlay & Company Financial Services is a whole-of-market advice firm specialising in advice and management of investment and retirement portfolios.
This brings an additional 1,000 clients into the group together with Findlay’s five advisers and four support staff.
The deal also secures funds under management in excess of £100m ($139m, €116m).
‘Valued addition’
Lee Hartley, chief executive of Fairstone, said: “We are delighted to complete the final acquisition of Findlay & Company Financial Services after working closely with Steve Race and the team since they joined our DBO programme three years ago.
“Findlay & Company Financial Services are a great firm and share our core values of placing clients at the heart of everything we do. The manner in which integration has been handled demonstrates that they are an excellent fit for us.
“Within Fairstone, we work hard to ensure our proposition gives firms the framework they need to significantly grow their businesses, without compromising on client service or independence. Finalising this deal with Findlay & Company Financial Services brings a valued addition to our group.”
Prior to this deal, Fairstone bought Glasgow-based advice firm Chartermarque and Berkshire-based Hammett and Petch Financial Planning for an undisclosed sum.
