Acquisitive wealth management group Fairstone has completed the purchase of a Cumbrian financial planning firm as the latest addition to its growing portfolio.
North East-based Fairstone said Carlisle-based Financial Concepts principals Darren Turnbull, Anthony Phillipson and Nigel Shackleton had decided to join Fairstone in order to support growth ambitions.
Financial Concepts joined Fairstone's downstream buy out acquisition model - which integrates companies before a full acquisition - in December 2019.