Cleere Life & Pensions joins Fairstone Ireland as its fifth strategic partner under the DBO programme

By Reporter
Published 26th Jun 2024, 15:16 BST
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Fairstone Ireland, a premier provider of financial planning and wealth management services, is proud to announce the integration of Cleere Life & Pensions as its Kilkenny Hub Office.

This strategic move underscores Fairstone's steadfast commitment to delivering top-tier financial advice and exceptional client service, and represents a key milestone in the company’s continued expansion.

With assets under management (AUM) now exceeding €1 billion since its market entry in 2022, and successfully partnered with four additional financial brokerages into its Irish operations, Paul Merriman, CEO of Fairstone Ireland, remarked “Our partnership with Cleere Life & Pensions not only exemplifies our commitment to become the leading wealth management firm in Ireland but also accelerates our growth momentum.

"Together, we aim to enhance our capabilities, foster mutual growth, and set a new benchmark of partnership excellence in wealth management, building stronger relationships with Financial Brokerages across Ireland. We eagerly anticipate collaborating with Gearoid and the entire team at Cleere Life & Pensions." placeholder image
"Together, we aim to enhance our capabilities, foster mutual growth, and set a new benchmark of partnership excellence in wealth management, building stronger relationships with Financial Brokerages across Ireland. We eagerly anticipate collaborating with Gearoid and the entire team at Cleere Life & Pensions." 

Cleere Life & Pensions, a reputable financial planning firm based in Kilkenny since 2015, is renowned for its client-centric approach and comprehensive range of financial services. The partnership with Fairstone opens up exciting prospects for Cleere Life & Pensions and their clients, to utilise Fairstone's vast resources, expertise, and cutting-edge solutions.

Gearoid Cleere, Managing Director of Cleere Life & Pensions expressed excitement regarding the partnership: "Our partnership with Fairstone Ireland marks an exciting new chapter for Cleere Life & Pensions. Fairstone's innovative model ensures that we can uphold our commitment to delivering top-tier financial services whilst leveraging Fairstone's scale and expertise. This strategic move positions us for sustained growth and innovation in the dynamic financial landscape."

Anthony O’Driscoll, Head of Mergers and Acquisitions at Fairstone Ireland added: “We are very excited to partner with Cleere Life & Pensions via our unique Downstream Buy Out (DBO) model which allows the owners of ambitious financial advisory and wealth management firms to secure a liquidity event for themselves, whilst continuing to grow their business and benefit from the resulting upside." 

Fairstone Ireland are actively seeking to partner with other growing firms.

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