RADIANT FINANCIAL ACQUIRES THREE MORE IFAS
Capital and Trust - September 22, 2022 -
Consolidator Radiant Financial Group has bought three more IFAs, bringing its total AUA up to £1.3bn.
The transactions add another £325mn to Radiant’s AUA, and follow swiftly on from the acquisition of two Scottish advice firms earlier this month (September)
The three latest purchases are:
- Barnstaple-based Irvine Financial Services,
- Oldham-based Landmark Financial Planning
- Henley-on-Arden-based Andrew Gibbs IFA.
Irvine Financial Services, adds £136m in AUA, as well as 8 members of staff, including 3 advisers. Landmark Financial Planning, adds £98m in AUA and 6 staff members, including 3 advisers and Andrew Gibbs IFA, adds £91m in AUA.
The latest deals take Radiant’s staff numbers to 130.
Radiant chief executive Simon Cogman-Hellier said: “We are delighted that Irvine Financial Services, Landmark Financial Planning and Andrew Gibbs IFA have chosen to partner with us. We believe they are an excellent cultural fit in helping us provide client-centric advice and exceptional delivery.”
He added: “We are also really excited to start working with their team of advisers and support staff. One of our key measures of success in an M&A deal is whether we retain all the staff following the acquisition and whether we’re helping the new team to really thrive. We aren’t interested in acquiring businesses simply for the assets they advise on.”
Radiant is still looking to partner with advisers who want to service clients rather than deal with the daily management of a business, or advisers looking for a “capital event” as they consider what they want to do in future – whether to retire or move out of regulated financial services, for example.
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What this acquisition means for the buyer
For Radiant Financial Group, the acquisition of three regional IFAs represents a continued acceleration of its buy-and-build strategy within the UK financial advice sector. By integrating Irvine Financial Services, Landmark Financial Planning, and Andrew Gibbs IFA, the group significantly increases its assets under advice and strengthens its regional presence across multiple UK locations.
The deals also reinforce Radiant’s focus on cultural alignment and adviser retention, with an emphasis on maintaining existing client relationships and integrating experienced advisory teams into its wider platform. This approach supports sustainable growth by prioritising continuity of service rather than purely financial asset acquisition.
Overall, the transaction enhances Radiant’s scale, expands its adviser network, and supports its broader objective of building a client-centric, adviser-led national wealth management group.
What this means for sellers in the sector
For independent financial advisers and small IFA firms, this transaction highlights strong ongoing demand from consolidator groups seeking established advisory businesses with recurring client revenue. Firms with experienced advisers and strong local reputations remain particularly attractive to acquirers focused on regional expansion.
It also demonstrates how sellers can benefit from joining larger platforms that prioritise adviser retention and cultural fit. For many business owners, these types of transactions offer a route to realise value while ensuring continuity for clients and staff, particularly where the acquirer is focused on long-term integration rather than short-term restructuring.
Market trend context
The UK IFA market continues to experience consolidation driven by platform-led consolidators seeking to build scale through multiple acquisitions. A key trend is the aggregation of small and mid-sized advisory firms into national groups with centralised infrastructure and shared operational support.
At the same time, there is increasing emphasis on adviser retention and cultural compatibility, with many consolidators prioritising “people-first” acquisition strategies. This reflects a broader shift in the sector towards sustainable integration models designed to protect client relationships while delivering scalable growth.
How Capital & Trust typically supports transactions like this
Capital & Trust acts as a business broker, sourcing and introducing potential acquisition opportunities to firms seeking to expand their presence in the wealth management sector. The firm facilitates introductions between parties and supports early-stage discussions where there is mutual interest in exploring a transaction.
Where appropriate, Capital & Trust may assist in coordinating communication between buyers, sellers, and their appointed professional advisers during initial engagement. Its role is limited to originating and facilitating introductions, while all regulated financial, legal, and technical matters are handled by external advisers appointed by the parties.