Fairstone Ireland Achieves €1 Billion AUM Milestone with its Fifth Strategic partnership, Cleere Life & Pensions

Fairstone Ireland, a leader in financial planning & wealth management, celebrates a significant milestone with the establishment of its fifth strategic partnership in Ireland with Killeen Financial Services Ltd trading as Cleere Life & Pensions. This achievement not only highlights Fairstone Ireland’s relentless pursuit of innovative financial solutions but also marks a significant leap forward in its growth trajectory as Fairstone Ireland surpasses €1 Billion of assets under management (AUM) since entering the market in 2022.

 

Under the leadership of CEO Paul Merriman, Fairstone Ireland now have four additional Financial Brokerages into their Irish operation, Carey Financial, Murray & Spelman Financial Services, Premier Financial as well as Cleere Life & Pensions.

 

Paul Merriman, CEO of Fairstone Ireland, commented “Our partnership with Cleere Life & Pensions not only exemplifies our commitment to become the leading wealth management firm in Ireland but also accelerates our growth momentum. Together, we aim to enhance our capabilities, foster mutual growth, and set a new benchmark of partnership excellence in wealth management, building stronger relationships with Financial Brokerages across Ireland. We eagerly anticipate collaborating with Gearoid and the entire team at Cleere Life & Pensions.”

 

Cleere Life & Pensions, a reputable financial planning firm headquartered in Kilkenny since 2015, is renowned for its client-centric approach and comprehensive range of financial services. The partnership with Fairstone opens up exciting prospects for Cleere Life & Pensions and their clients, to utilise Fairstone’s vast resources, expertise, and cutting-edge solutions.

 

Gearoid Cleere, Managing Director of Cleere Life & Pensions expressed excitement about the partnership: “Our partnership with Fairstone Ireland marks an exciting new chapter for Cleere Life & Pensions. Fairstone’s innovative model ensures that we can uphold our commitment to delivering top-tier financial services whilst leveraging Fairstone’s scale and expertise. This strategic move positions us for sustained growth and innovation in the dynamic financial landscape.”

 

Anthony O’Driscoll, Head of Mergers & Acquisitions at Fairstone Ireland added “We are very excited to partner with Cleere Life & Pensions via our unique Downstream Buy Out (DBO) model which allows the owners of ambitious financial advisory and wealth management firms to secure a liquidity event for themselves, whilst continuing to grow their business and benefit from the resulting upside”.

 

Fairstone remains dedicated to offering high-quality financial advice and exceptional service, perfectly aligning with Cleere Life & Pensions ethos. The partnership reaffirms Fairstone Ireland’s commitment to revolutionising the financial services sector and serves as a beacon of a new era of partnerships, emphasising teamwork, innovation, and a shared focus on client success. Fairstone Ireland are actively seeking to partner with other growing firms.

Expanding its footprint within the Irish financial services sector, Fairstone Ireland announces its fourth strategic partnership with Galway & Kildare-based broker Murray & Spelman Financial Services

Fairstone Ireland, a leading player in the wealth management domain, proudly announces its fourth strategic partnership in Ireland with Galway & Kildare-based broker Murray & Spelman Financial Services. This acquisition highlights the acceleration of Fairstone Ireland’s partnership model which is changing the face of the financial planning industry in Ireland.

 

Continuing to set high standards for the financial services industry under the leadership of CEO Paul Merriman, Fairstone Ireland’s partnership with Murray & Spelman Financial Services highlights its dedication to establishing a new standard of excellence in wealth management through strategic partnerships.

 

Paul Merriman, CEO of Fairstone Ireland, remarked, “Fairstone remains resolute in its mission to challenge conventional norms. Our strategic partnership with Murray & Spelman Financial Services not only underscores this commitment but also catapults our momentum towards achieving market leading position. Together, we aspire to bolster our capabilities, ignite growth, and set a precedent for collaborative excellence in wealth management, fostering deeper partnerships with brokers across Ireland. We eagerly anticipate collaborating with Joe McKeogh, Andriu Mac Lochlainn and the extended team.”

 

Murray & Spelman Financial Services, a distinguished financial planning firm with offices in Galway & Kildare, has garnered acclaim for its long standing client-centric approach. This synergistic partnership with Fairstone opens new horizons for Murray & Spelman and its clients, granting access to Fairstone’s vast resources, expertise, and innovative solutions.

 

Joe McKeogh, Director of Murray & Spelman Financial Services expressed his excitement with the partnership: “This alliance with Fairstone marks a thrilling chapter for Murray & Spelman. Fairstone’s innovative partnership model ensures that we can uphold our commitment to delivering top-tier financial services while leveraging Fairstone’s scale and expertise. This strategic manoeuvre positions us for sustained growth and innovation in the dynamic financial landscape.”

 

This partnership epitomises Fairstone Ireland’s drive to revolutionise the financial services sector and serves as a beacon of a new era of partnerships, emphasising teamwork, ingenuity, and a shared dedication to empowering clients towards success.

Fairstone Ireland and Premier Financial Unite in Strategic Partnership, Propelling Innovative Acquisition Model to New Heights with Third Major Partnership

Fairstone Ireland, an industry trailblazer in wealth management, proudly announces its third strategic partnership in Ireland,  with Premier Financial. This partnership signifies a groundbreaking acquisition model, ushering in a new era of financial services characterised by mutual growth and synergy. Fairstone Ireland partnership represents a significant milestone for both firms, highlighting Fairstone Ireland’s commitment to progressive, client-centric financial solutions.

 

Under the leadership of CEO Paul Merriman, Fairstone Ireland continues to redefine industry norms. The partnership with Premier Financial underscores Fairstone’s dedication to innovative strategic partnerships, setting a new standard for excellence in the wealth management sector.

 

Paul Merriman, CEO of Fairstone Ireland, emphasised, “Fairstone remains steadfast in its dedication to challenging traditional norms. Our strategic partnership with Premier Financial not only reflects this commitment but also propels the momentum in our growth initiatives. Together, we aim to enhance our capabilities, stimulate growth, and set a new standard for collaborative excellence in wealth management, fostering stronger partnerships with brokers across Ireland. We look forward to working with Denis, Mark, Philip and the extended team’.

 

Premier Financial, a distinguished financial planning firm headquartered in Tralee Co. Kerry, has garnered acclaim for its client-focused approach and comprehensive financial services. This collaboration with Fairstone opens up new avenues for Premier Financial and its clients, providing access to Fairstone’s extensive resources, expertise, and innovative solutions.

 

Denis Murphy  of Premier Financial, expressed enthusiasm about the partnership:

“This collaboration with Fairstone marks an exciting chapter for Premier Financial. Fairstone’s innovative partnership model ensures that we can maintain our commitment to delivering top-notch financial services while benefiting from Fairstone’s scale and expertise. This strategic move positions us for sustained growth and innovation in the evolving financial landscape.”

 

The partnership model emphasises collaboration, leveraging the strengths and values of each organisation. Fairstone remains committed to providing independent, high-quality financial advice and excellent service, aligning seamlessly with Premier Financial’s ethos. This partnership underscores Fairstone Ireland’s dedication to transforming the financial services sector and serves as an exemplar of a new era of partnerships, emphasising teamwork, creativity, and a shared commitment to helping clients succeed.

Fairstone Ireland and Carey Financial Planning Forge Strategic Partnership, Pioneering New acquisition model

Fairstone Ireland, a forward-thinking leader in the wealth management industry, proudly announces a strategic partnership with Carey Financial Planning, signalling a new era in financial services through a groundbreaking acquisition model. This innovative approach focuses on mutual growth and synergies, marking a significant milestone for both firms.

 

Under the leadership of CEO Paul Merriman, Fairstone Ireland continues to redefine industry norms. The partnership with Carey Financial reflects Fairstone’s commitment to progressive, client-centric financial solutions and represents a novel approach to strategic partnership.

 

Paul Merriman, CEO of Fairstone Ireland, “Fairstone is committed to pushing the boundaries of conventional practices, and our strategic partnership with Carey Financial Planning is a testament to this dedication. By joining forces, we aim to elevate our capabilities, foster growth, and set a new standard for broker partnerships in the wealth management sector. I would like to welcome Conor and his team to the Fairstone Ireland family”

 

Carey Financial Planning, a distinguished financial planning firm based in Headford, Co. Galway, has earned acclaim for its client-focused approach and comprehensive range of financial services. The partnership with Fairstone opens up new opportunities for Carey Financial Planning and its clients, offering access to Fairstone’s extensive resources, expertise, and innovative solutions.

 

Conor Carey, Managing Director of Carey Financial, expressed excitement about the partnership: “This partnership with Fairstone Ireland marks an exciting chapter for Carey Financial Planning. Fairstone’s innovative partnership model ensures that we can uphold our commitment to delivering top-notch financial services to our clients while benefiting from Fairstone’s scale and expertise, allowing our team to spend more time on client facing activities. This strategic move positions us for sustained growth and innovation in the evolving financial landscape, we look forward to working closely with Paul and his growing team at Fairstone Ireland into the future.”

 

The partnership model focuses on working together and combining each firm’s strengths and values. Fairstone is committed to giving good financial advice independently, and offering excellent service, which matches well with Carey Financial’s ethos. This partnership shows Fairstone Ireland’s commitment to changing the financial services sector. The partnership between Fairstone and Carey Financial is a good example of a new kind of partnership, stressing teamwork, creativity, and a joint dedication to helping clients succeed.

Fairstone Revolutionises the Irish Financial Landscape with Groundbreaking Downstream Buy Out (DBO) Acquisition Model Launch

In a strategic move set to reshape the financial landscape in Ireland, Fairstone has unveiled its revolutionary Irish buyout model, just one year after making waves with the acquisition of Dublin-based Pax Financial. Following a number of senior appointments, including Financial Planning Director Derek Delaney, Head of M&A, Anthony O’Driscoll, and Marketing Director Fergal Lynch, Fairstone is now poised to introduce its premium Downstream Buy Out (DBO) model to the Irish market.

 

At the core of Fairstone’s ambitious growth strategy, the Downstream Buy Out model seamlessly integrates culturally aligned firms before a complete acquisition, with the primary goal of maximising capital value. Throughout the integration phase, partnering firms gain access to Fairstone’s investment, cutting-edge technology, abundant resources, empowering them to realise their growth aspirations.

 

Fairstone Ireland CEO Paul Merriman commented, “The DBO is a market leader in the UK, and I am thrilled to extend this proposition to forward-thinking financial planning firms in Ireland. We are actively seeking partnerships with firms uninterested in an outright sale today; our focus is on investing in growth and supporting business owners dedicated to optimising their business value through a long-term partnership with Fairstone.”

 

Merriman emphasised the DBO’s distinctive nature, stating, “This is not your typical M&A transaction; it is crafted for visionary business leaders committed to their enterprises, eager to capitalise on future growth.”

 

Fairstone’s success in the UK is evident, boasting its best-ever dealmaking year, in 2023, with twelve firms embracing the DBO model. Fairstone Group, CEO Lee Hartley celebrated the Irish launch, saying, “Over the last 15 years, we’ve demonstrated the effectiveness of the model. Our unconventional approach to dealmaking consistently yields year-on-year outperformance, with the latest figures revealing fully acquired firms surpassing their target sale values by an average of 113%.”