Nationwide Monetary Planning agency Fairstone has this week moved into a brand new flagship workplace HQ, previously used as the top workplace of sportswear agency Nike.
The brand new HQ constructing is in Doxford Worldwide Enterprise Park on the outskirts of Sunderland.
Fairstone says the brand new constructing will assist act as a “catalyst” to spur additional growth of the quick rising group which has acquired quite a few adviser companies in recent times.
Within the first half of 2023 six companies joined the group as a part of its Downstream Purchase Out (DBO) progressive acquisition mannequin.
The agency now has greater than 1200 operational employees and controlled advisers working from 45 workplaces throughout the UK.
The brand new flagship workplace has been refurbished and contains collaborative assembly areas, enterprise lounges, non-public pods, a media studio and an amphitheatre to host occasions.
The corporate moved its HQ from Boldon close to Newcastle, house to Fairstone for the previous 15 years.
Fairstone CEO Lee Hartley stated: “Our new house will home the increasing groups which might be driving ahead our bold development plans and strategic targets in addition to serving to us to proceed to draw excessive calibre expertise.
“Sunderland has a protracted monitor file of supporting bold, rising companies so we’re proud and delighted to affix the likes of Nissan, EE and Barclays in making this funding.”
Chief of Sunderland Metropolis Council, Councillor Graeme Miller, stated: “We’re thrilled that Fairstone, a really profitable firm within the aggressive monetary providers market, have chosen to spend money on the town.”
Fairstone oversees £15bn in funds underneath administration on behalf of greater than 55,000 wealth administration purchasers.
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