Fairstone has acquired Nottingham-based independent advice firm James Ryan Thornhill, adding more than £110mn of assets under management, 600 clients, and a team of five financial advisers, seven paraplanners, mortgage advisers, and administrative staff to the firm.

James Ryan Thornhill joined Fairstone’s downstream buy out (DBO) programme in which Fairstone will act as an investment partner, providing the centralised resource, technology, and capital to support the ongoing growth of IFA’s ahead of a future sale. Fairstone has had 16 firms join its DBO programme in the past 12 months across the UK and Ireland, and a further six full acquisitions.

Del-Ryan Rafter, JRT director, said: “The biggest appeal of Fairstone’s proposition was that they truly valued the human capital within the business and by this, I mean our hard-working colleagues who are vital to the day to day running of our firm’s operations.”

Fairstone chief executive Lee Hartley added: “JRT and Fairstone were an excellent match from the outset. I take great pride in Del-Ryan’s comments around the value we place on people. This is exactly why our DBO model adds enormous value over and above other acquisition programmes in the sector. We work in partnership during integration stage and embrace the skills and knowledge of the whole team.

“We only partner with ambitious growth-orientated firms like JRT who are not seeking a quick exit but favour a longer-term partnership beyond acquisition. I am looking forward to seeing the next stage of JRT’s growth evolution.”


If you are looking to sell your business, find out more about the selling your business to Fairstone (or others) Gunner & Co. can help you. Book a meeting with our Head of Brokerage Gwill here