Fairstone, a large UK financial planning firm, has bought a competitor in a deal expected to bring in £480 million in funds under management.
Fairstone is acquiring Epsom, Surrey and Twickenham-based Mantle Financial Planning through its ‘downstream buyout’ model which involves gradually integrating a firm over two years before the deal finalises.
This seventh deal for 2020 brings total funds under management for Fairstone to close to £10 billion and fund...
Start a free trial now for access to breaking news and cutting edge analysis of the wealth management industry.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@thewealthnet.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAM
