Pune Media
Leading the news curation and publishing for the people of Pune

The Latest In Wealth Management M&A – Radiant Financial Group



Editorial Staff,


23 September 2022


The latest mergers and acquisitions and other corporate actions in the wealth management sector.


Radiant Financial Group

Radiant
Financial Group, the consolidator of UK independent financial
advisor firms, has hit £1.3 billion ($1.47 billion) in assets
under advisement (AuA) after acquiring three more IFAs.


The group has acquired Barnstaple-based Irvine Financial
Services, which has £136 million in AuA, as well as eight members
of staff, including three advisors. It has also acquired
Oldham-based Landmark Financial Planning, which has £98 million
in AuA and six staff members, including three advisors. In
addition, Radiant has acquired Andrew Gibbs IFA, based in
Henley-on-Thames, adding £91 million in AuA.


The latest deals take Radiant’s staff numbers to 130.


Early this month Radiant announced that it had bought Perth-based
IFA, GS Financial Services and Aberdeen-based AMLP Financial
Planning, which between them have £313 million in AuA.


Radiant Financial Group, a consolidator of like-minded IFA
businesses, was founded in 2020. The firm is led by chief
executive Simon Cogman-Hellier, who has more than 40 years’
experience in financial services. 



Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.

Aggregated From –
Comments
Loading...

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More