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London IFA becomes youngest ever PFS fellow

London IFA becomes youngest ever PFS fellow

A 22-year-old adviser has become the Personal Finance Society’s (PFS) youngest ever fellow.

London-based Investment Quorum’s Vito Faircloth passed his final three exams last week, qualifying for fellowship of the professional body after less than two years of study.

Faircloth, who was also named the Insurance Institute of Cheltenham and Gloucester’s Achiever of the Year for 2016, said: 'I really wanted to combine my love of finance and my passion for speaking to and helping people.

'Sat in front of someone as a 22-year-old and in essence they’re putting their retirement in my hands - it doesn’t get more privileged than that.'

Faircloth, originally from Wiltshire, bypassed university in favour of a move to London as a broker in 2014, following a brief stint in the IT sector.

He joined Cheltenham-based Attivo Group the following year, qualifying as a level 4 qualified adviser in August 2015 at the age of 20. 

Faircloth joined Investment Quorum in London in August of this year, advising  high net worth clients.

He said the next step will be building soft skills under the guidance of chief executive Lee Robertson, director Petronella West and chief investment officer Peter Lowman.

He said: 'Longer term I want to be one of the leaders of the industry - I’ve got a strong tech background and I think our sector is moving towards tech more and more over time, so I think I’ll be well placed to do that.'

PFS chief executive Keith Richards said: 'Vito’s achievement is truly remarkable and I congratulate him on becoming part of the Personal Finance Society by qualifying as its youngest fellow.'

Faircloth said: 'Clients like the fact that I’m young and fresh, and as I always say, would you rather that you outlived your adviser or your adviser outlives you?'

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