Fairstone Ireland is delighted to announce the acquisition of John F. Loughrey Financial Services, a highly respected financial planning firm based in Letterkenny. This marks Fairstone Ireland’s sixth strategic acquisition, further solidifying its position as one of Ireland’s premier wealth management firms. By expanding into Letterkenny and the Northwest region, this move underscores Fairstone’s commitment to serving communities with exceptional financial planning and wealth management services.
John F. Loughrey Financial Services brings over 40 years of industry excellence, having built a strong reputation for delivering personalised financial solutions with a steadfast customer-first ethos. This shared philosophy of prioritising customer needs makes the partnership an ideal fit, enhancing opportunities for both firms and the Donegal community.
Paul Merriman, CEO of Fairstone Ireland, said:
“We are delighted to welcome John, Lisa, and their team to the Fairstone family. Letterkenny and the broader Northwest region are critical to our growth strategy, and this acquisition strengthens our presence in this key area. Together, we will continue to deliver outstanding service while elevating the standard of wealth management for clients in the region.”
The acquisition comes as John F. Loughrey Financial Services celebrates its 40th anniversary, making the partnership particularly significant for the firm and its clients. Founder John Loughrey said:
“This is an exciting new chapter for our firm and the Letterkenny community we’ve proudly served for decades. Joining Fairstone means access to greater resources and expertise, ensuring our clients in Letterkenny and Donegal benefit from world-class financial solutions.”
Lisa Loughrey, Managing Director, also highlighted the benefits for the local area:
“As we celebrate 40 years in business, this partnership sets the stage for the future, allowing us to continue serving Letterkenny with even greater care, innovation, and excellence. Fairstone’s support ensures our clients remain at the forefront of financial planning services.”
Anthony O’Driscoll, Head of Mergers & Acquisitions at Fairstone Ireland, emphasized the importance of the move:
“The financial landscape is increasingly complex, and scale is key to delivering the best solutions. By partnering with John F. Loughrey Financial Services, we deepen our presence in Letterkenny, a vibrant and growing area, ensuring we can meet the evolving needs of clients here and across the Northwest.”
This acquisition represents a significant milestone in Fairstone Ireland’s growth, bringing its total Assets Under Management (AUM) to €1.5 billion. By integrating the trusted expertise of John F. Loughrey Financial Services, Fairstone reinforces its mission to transform financial planning through innovation, collaboration, and a relentless focus on client success.
For Donegal, this partnership signals a bright future, offering enhanced services, access to leading financial expertise, and a continued commitment to the community. Together, Fairstone Ireland and John F. Loughrey Financial Services are poised to shape the next chapter of wealth management excellence in the region.
