Financial planning firm Fairstone Group has acquired Lincolnshire-based Zimb Johnson Bespoke Financial Planning for an undisclosed sum.
The acquisition will add £135m assets under management (AUM) and around 220 clients to the group.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Zimb Johnson Bespoke Financial specialises in financial planning, asset management, pensions and estate planning, and had a turnover of £750,000 in 2014.
Zimb Johnson IFA Leigh Johnson said: "We were attracted to the firm not just because of the vital back office, compliance and regulatory support functions that you would come to expect, but also because of the firm’s commitment to the quality of their advisers.
"Our team will be able to benefit from the Fairstone Academy and the status that comes with being part of one of the biggest Chartered firms in the UK.
"The Fairstone DBO model also allows us to create a financial services business that is able to grow in the knowledge that we are supported from the ground up, giving us and our clients stability and support for the future."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataFairstone CEO Lee Hartley said: "Fairstone has grown significantly in the last few years and it is made possible through partnerships with businesses like Zimb Johnson who are dedicated to their clients and can see the benefits of letting Fairstone support their ambitions."
