Fairstone, a prominent wealth management company, has strategically expanded its presence in the South of the UK. This expansion includes the acquisition of Grayside Financial Services and Executive Wealth Management, alongside the establishment of a new hub in Hampshire.
These strategic moves bring an additional £318 million in funds under management and 1,250 clients to Fairstone’s portfolio, marking significant growth for the company.
Fairstone, headquartered at Doxford International Business Park, has acquired two prominent firms: Grayside Financial Services and Executive Wealth Management. These full acquisitions are part of Fairstone’s proactive strategy to enhance its footprint across the South of the UK by adding significant assets and expanding its client base.
This partnership is part of Fairstone’s unique Downstream Buy Out (DBO) programme, a progressive scheme allowing partners to access capital and resources while maintaining independence.
Relph noted, “We have grown significantly in recent years and needed the infrastructure of a large national brand to maximise opportunities and support advancement.”
This hub is part of Fairstone’s broader strategy to establish state-of-the-art workspaces across key UK locations, facilitating better client and colleague interactions.
The programme ensures firms can attain a full-value acquisition at a future date of their choosing, with interim support and resource allocation guiding them through growth stages.
“We are delighted to welcome the Grayside and Executive Wealth teams into our family. Both have excellent reputations for first-class service,” said Mr Hartley.
Mike Seddon of Grayside Financial Services expressed positive sentiments about the DBO model, appreciating the ability to maintain independence while integrating with Fairstone’s robust framework.
Fairstone’s recent acquisitions and the new Hampshire hub exemplify its commitment to strategic growth and client service excellence. By incorporating experienced firms and innovative programmes, Fairstone is poised to enhance its market position and deliver superior financial solutions.
