Fairstone Group announces acquisition of Buckinghamshire financial advisers

Fairstone Group, the Boldon-based financial planning firm, has acquired Hase Osborne Asset Management Limited.

Based in Wendover, Buckinghamshire, Hase Osborne Asset Management offers wealth management and holistic financial planning solutions for high net worth individuals.

This is the fourth transition in 2017 for a downstream buy out (“DBO”) partner being fully acquired by Fairstone.

The acquisition of Hase Osborne also brings total revenue of £2.1m to the Fairstone Group with funds under management of approximately £250m.

Hase Osborne Asset Management is a Chartered financial planning firm with 14 staff providing specialist pensions, investment and tax planning advice to 650 clients.

John Osborne, firm principal at Hase Osborne, said: “The acquisition by Fairstone allows us to continue to provide our clients with high quality independent financial advice with the support of a strong infrastructure so that we can fully focus on our clients and ensure they get the best possible investment options.

“We look forward to accessing Fairstone’s expertise to grow the business for the long-term benefit of clients and staff.”

Lee Hartley, CEO of Fairstone Group, added: “Having worked with Hase Osborne through our proprietary DBO programme, we are very pleased to complete the final acquisition.

“This marks another significant step in our growth strategy and highlights our commitment to those firms which join our flexible buy out scheme.

“A number of businesses have joined us this year and the common factor is that clients are never commoditised and their interests are protected.

“We look forward to helping John and the team grow their business through the scale and support we can bring and with Fairstone’s whole-of-market proposition and the ability to manage client portfolios through our low-cost discretionary service we believe we can offer proven and unrivalled opportunities to our new partners.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →