Fairstone Client Agreement

The Financial Ombudsman Service ordered Fairstone Financial Management to compensate a client who had helped access the exempt money from his pension against his own advice. Its driving goal is to recognize Fairstone as a “new model” of the former, which, from a customer point of view, places at the center of all its power. The style in which we develop the business is one in which we have a longer-term vision of our return on investment, where we focus much more on supporting the integration and growth of an acquired business. We believe in it with all our heart. One of the things we are looking at right now is trying to articulate a head office in our sector – that is the fact that our buyback model is the only one we see in the UK, where the customer does not indirectly subsidize the sale of the business they currently employ. What you usually see is a consolidator will come to buy a business and then increase customer fees or force the company to provide a certain area of funds or a fund platform that are usually more expensive than market options – this is the simple way some of our competitors aim to provide cash-on-cash-returne , that is clearly not what the regulator wants to see. We are very different in this regard, we have a proven operating model that has allowed the companies we have brought to our DBO offer to increase their turnover by 17% on average compared to the previous year, with only a positive customer effect. When we buy a business, there is no increase in customer costs, no forced constraint on accepting a certain selection of funds, not a single product commitment – we effectively put the customer at the center of the transaction, we protect them and we ensure that their experience in the future is better than before the acquisition. At the end of the temporary pension in 2017, the client complained to Fairstone that he had no urgency to pay tax-exempt cash money at the time of the consultation and that he had now lost the guaranteed income of one of his retirement plans at the age of 60 and his employer`s contributions at the time of his group retirement.

We believe we provide independent advice to our clients with honesty and integrity. That`s why our financial advisors offer products from across the market. This ensures that we are able to recommend products and services that best meet your needs. In 2012, the client met with a Fairstone advisor to discuss access to tax-exempt cash from his pension funds, three of which were with different providers. In essence, Fairstone is a technology-funded financial services group that enables partner companies to grow, improve operational efficiency and maximize their capital value. Fairstone`s lean framework allows consultants and individual businesses to direct most of their time and resources towards providing quality advice and effectively managing customer relationships. Personal Customer Relationship Manager: We have a dedicated manager who serves as a single access point for all your financial requests and requests. The way we want to grow Fairstone is effective in reversing the traditional acquisition strategy of buying, integrating and hoping that once completed, you will be able to provide sufficient growth to achieve an acceptable ROI.

We first integrate the company and we will take a minority stake on the first day with the agreement to buy the rest of the shares in the future, to help the company grow through our operational platform, and to agree on an valuation formula based on future financial performance and not on current figures to stimulate growth.