Fairstone CEO Lee Hartley to step down after 18 years<\/a><\/p>\nMatt Bell, head of office at Prosperity Wealth, said: \u201cWe wanted to join Fairstone because it offers us the opportunity to create a real step-change in growth while remaining a trusted source of independent financial advice \u2013 in many respects, it\u2019s the best of both worlds.<\/p>\n
\u201cOver the past two and a half years since we first partnered with Fairstone, we\u2019ve really benefited from the excellent support we\u2019ve received and the business has already grown substantially as a result.<\/p>\n
\u201cFairstone\u2019s commitment to client service excellence matches our own values. The greater resources, support and economies of scale they offer mean our clients benefit in the form of reduced fees, a wider choice of products and the enhanced financial security they get from being part of one of the UK and Ireland\u2019s largest and most trusted wealth management groups.\u201d<\/p>\n
Prosperity Wealth\u2019s Brierley Hill base, in Dudley, will now become Fairstone\u2019s hub office for the West Midlands.<\/p>\n
Each of the group\u2019s 11 hubs across the UK and Ireland is evolving into a fully equipped operational centre, replicating head office functions and delivering a full range of services efficiently at a local level.<\/p>\n
Mike Slater, managing director for Fairstone\u2019s central region, said: \u201cProsperity Wealth\u2019s status and influence in the region made it an obvious choice to become our hub for the West Midlands.<\/p>\n
\u201cMatt and his team will now be in the vanguard as we look to extend our client base across what is one of the UK\u2019s most thriving regions.<\/p>\n
\u201cWith the West Midlands having one of the country\u2019s highest rates of new business formation and a rising population of entrepreneurs, business owners and senior professionals, the need for trusted, chartered, independent financial advice has never been greater.\u201d<\/p>\n
Fairstone is actively seeking more DBO partners in the West Midlands and across the country as it continues its nationwide expansion plans.<\/p>\n
Russell Bignall, chief financial planning officer at Fairstone, said: \u201cAs the largest firm to have joined Fairstone in terms of client assets under management, bringing on board Prosperity Wealth is a real milestone in our growth journey.<\/p>\n
\u201cIt is a firm with a long established and well-earned reputation for providing excellent service to its clients and for its specialist expertise in a number of different areas of the advisory market, particularly on the corporate financial planning side.<\/p>\n
\u201cMatt\u2019s ambition to grow the business while keeping clients front and centre matches our own philosophy, and we\u2019re looking forward to working together to achieve further success as Fairstone expands its footprint on a regional and national scale.\u201d<\/p>\n
Fairstone is one of the fastest-growing financial services organisations in the UK and Ireland.<\/p>\n
It operates from more than 50 different locations, employs over 1,250 people serving over 60,000 wealth clients and is aiming to double client assets under management to \u00a340bn over the next five years.<\/p>\n","protected":false},"excerpt":{"rendered":"Fairstone has added \u00a31.5bn in assets under management (AUM) by snapping up West Midlands-based Prosperity Wealth in what…\n","protected":false},"author":2,"featured_media":535637,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132],"class_list":["post-535636","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-finance","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/535636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=535636"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/535636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/535637"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=535636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=535636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=535636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}