North East-based Chartered Financial Planning-focused wealth manager Fairstone has appointed six new managing directors as it changes its organisational structure across its wealth advisory, training and central paraplanning functions.

Chartered Financial Planning-based wealth manager Fairstone is planning to increase its number of acquisitions this year after acquiring or part acquiring 24 firms over the past 12 months.

National Chartered Financial Planning-focused firm Fairstone has revamped its client charging structure and cut its ongoing charge for standard clients by 20 basis points to 0.8%.

Expanding North East-based national Financial Planning firm Fairstone Group has reported a 33% year-on-year increase in revenue with fee income reaching £114m in the last quarter of 2022, up from £86m on the same period in 2021.