Fairstone Financial Management has become a member of The Association of Professional Financial Advisers (APFA).
The firm has over 230 advisers and is based in Newcastle with offices in London, Bristol and Belfast. It is part of the Fairstone Group, a national firm of Independent Financial Advisers, and has £5 billion of funds under advice, with £2 billion of funds under management. The firm’s investment management arm administers a range of managed portfolios which now hold over £100 million of client assets.
Fairstone Financial Management recently became one of the largest chartered financial planning firms in the UK when it achieved Corporate Chartered status from the Chartered Insurance Institute.
Director General at APFA Chris Hannant said: “I’m delighted to welcome Fairstone to APFA. It is critical that the industry speaks with one voice when campaigning on important issues. Fairstone is an innovative, growing business which we believe will bring fresh insight and support to our efforts to secure a better deal for advisers.”
Chief Executive at Fairstone Group Lee Hartley (pictured above) said: “The financial advice industry needs a body to help shape the future of our profession, and we’re delighted to join APFA and lend our support in this objective.
“There will clearly be significant challenges and opportunities in our market over the coming years, with retirement reforms being a current and very obvious example. I look forward to working closely with Chris and the APFA team to help positively influence the sector.”
The Fairstone Head of Group Compliance Ursula Sweis has also joined the APFA’s Compliance Group.
