Radiant Financial Group enters Scottish market with acquisition of two firms of IFAs

by | Sep 5, 2022

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Radiant Financial Group, the consolidator of IFA firms, has entered the Scottish market after acquiring two independent financial adviser businesses, adding over £300m to the group’s assets under advisement (AUA) which is now in excess of £1bn.

Radiant has acquired Perth-based IFA, GS Financial Services, which has £157m in AUA, as well as 13 members of staff, including six advisers. The group has also acquired Aberdeen-based AMLP Financial Planning, which has £156m in AUA and six members of staff, including two advisers.

The latest deals take Radiant’s staff numbers to 110.

Bringing together like-minded IFAs


Established in 2020, Radiant says that it differs from other consolidators in that it wants to brings together like-minded IFAs firms that are committed to being client-centric.

Radiant is particularly interested in working with business owners who have reached a stage in their development where they need more help with their back-office functions so that they focus on their clients or on continuing their growth.

The firm is led by CEO Simon Cogman-Hellier, who has more than 40 years’ experience in financial services. Simon was previously interim Managing Director of Bluefin  Personal Consulting, formerly part of AXA. He was also Managing Director of IFA Oval Financial Services between 1993 and 2007, before its sale to Gallagher.


Simon and his senior team have significant experience both in the acquisition process itself and the post transaction integration of teams and businesses.

Growing its presence in Scotland

Having grown its presence in Scotland through the acquisitions of ALMP Financial Planning and George Stubbs, Radiant plans to expand significantly in the region.


Radiant continues to look for acquisition opportunities in Scotland as well as the rest of the UK. The group is keen to speak with IFAs who would prefer to focus more on servicing their clients than having to deal with the “infrastructure” of the business. Radiant is also interested in talking to IFAs who are looking for a capital event as they focus on the next stage of their career or life in general.

Radiant only looks for target acquisitions where they share the same values as the IFA they acquire and aims to retain all staff following the acquisition.

Angus Mackintosh, Director of AMLP Financial Planning, says: “When we were looking to sell our business, the decision of who to work with for the future ended up being straightforward – Radiant Financial Planning were the clear best choice.”


“Their focus on client service and great client outcomes, combined with understanding that our staff are the heart of the business, made the decision an easy one.”

George Stubbs, Managing Director of GS Financial Services, adds: “When choosing the home for the future of our business, in particular for clients and staff, it was essential that the acquirer’s values were aligned to ours.” 

“I am pleased to say that as well as making the sale happen as seamlessly as possible, it was equally as important to Simon and his team at Radiant that the aspirations for the future of the business and the people were fulfilled.”


Simon Cogman-Hellier says: “We’re extremely happy that GS Financial Services and AMLP have chosen to partner with us. We believe they are an excellent fit in helping us provide client-centric advice and exceptional delivery as we look to expand across Scotland.”

“When IFAs are considering a new home for their business, we know it’s crucial that our values are in line with theirs. We also know it is vital that the staff in the business joining us are given the opportunity to thrive and grow within our group.”

“Radiant is not a typical consolidator. We don’t acquire businesses simply for the assets they advise on. The scale of funds under management is not a key factor for us when looking to partner with a business – much more important is the cultural fit. For us the post deal integration, making sure our new colleagues really thrive, is as important as the deal itself.”


“Radiant is run by a team of highly experienced industry leaders, who are passionate about providing truly impartial advice across all areas of financial planning. We see our staff and our clients as absolutely critical to what we do, their interests guide our decision making.”

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