Consolidator Fairstone has appointed Adam Smith as it new COO, with immediate effect.
As COO, Smith will manage the firm’s client and adviser propositions as well as investment management operations. He will also become a member of Fairstone’s executive committee.
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“Throughout my career I have been responsible for inspiring large cross functional teams to meet their strategic goals and ultimately to grow the businesses I have been involved in. I look forward to continuing this theme as part of the Fairstone team. I’ve been continually impressed by Fairstone’s growth, not just in absolute terms, but by the way it has delivered this growth sustainably, with a profitable, independent and Chartered offering,” Smith said.
Smith most recently served as the commercial director at Intrinsic, and prior to that held the same role at Cofunds.
His financial services career of around two decades also includes a stint at Legal & General.
Commenting on the appointment, Fairstone CEO Lee Hartley said: “We are delighted to welcome Adam to Fairstone’s executive team. His appointment reflects our commitment to developing our senior leadership team and I have no doubt that Adam’s ability to deliver an enhanced wealth management framework can only support the future growth of the company.”
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