Fairstone’s Tom Taylor was removed as a director of the company as a result of a mistake by lawyers.
On Companies House last week (March 31), it said Taylor had been terminated from the role of director at the firm.
However, the firm said this was due to some routine company admin work by its lawyers which led to Taylor being accidentally removed as a director from all Fairstone entities.
“This was immediately identified and rectified on the Companies House system,” a spokesperson for the firm said.
“Unfortunately, this mistake may have triggered certain notifications which has prompted this notice."
Last month the national advice firm added £200mn to its funds under management with the purchase of Spalding-based advice firm, MT Financial Management.
It was the second IFA purchase by Fairstone so far this year, having bought Surrey-based Mantle Financial Planning in February.
sonia.rach@ft.com
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