Fairstone Financial Management Reviews

Stressful work environment Hire cap leaving staff overwhelmed and under paid after advertising for roles at a higher rate of pay than others were on for all staff to see. Revoked working from home. Took away sick pay. Added performance based payrise scheme then admitted they can't monitor the performance of individuals Destroyed amazing customer driven firms by taking them over and destroying the customer journey by only focusing on compliance. No reports as these made some snowflakes feel bad. Promised amazing new opportunities yet two years in there were none it was all lies to get the company to be taken over. (sorry aquired) Active bullying of members of staff over email from senior management. Pushing for innovation and communication yet berating staff for smiling and laughing while working.

Changes over the past year including modification of incentive schemes, soon to be announced removal of the cashflow modelling service, and the implementation of 'performance' directors (sales managers) have made it clear as day the business is in an all out sprint down the hard sales route right back to the 1980's. The business has been on a diet the past 18 months trying to reduce support staff headcount. The business proudly proclaims they do not make staff redundant during acquisitions but that's only because it's easier to make life increasingly difficult until staff leave. The primary weapon of choice is pay - it's below market and there won't be any increase. They're aiming to create a new breed of adviser. One who costs less and does their own admin/paraplanning. They're constantly looking for new trainees because they're overloaded with tiny clients they can't service profitably, and that's what's on offer for the Mineral/trainee adviser to be. Speaking directly about the north management team - Management is a stretch. It's been a year of denying any issues exist and you alone are the only person/office experiencing issues. If you raise any evidence to contrary you will be gaslit and bullied into submission.