Apiary-backed Radiant completes seventh bolt-on acquisition

Radiant Financial Group, the rapidly growing wealth management consolidator, has completed its seventh acquisition since Apiary Capital’s investment in late 2020 and now has £1.6 billion assets under advice.

Doncaster-based Ethos Financial Solutions, is Radiant’s first transaction in Yorkshire and underpins Radiant’s expansion plans in the region. Radiant now has over 150 staff across seven offices in the UK and has developed a market-leading range of services, including financial, tax planning and mortgage advice for individuals, as well as employee benefits, corporate structuring and tax planning for UK businesses. Radiant’s highly experienced management team is led by Chairman, Peter Mann, and CEO, Simon Cogman-Hellier.

“We are extremely pleased that the Ethos team has chosen to partner with us. They are a professional organisation with a strong team of well-qualified staff,” said Simon Cogman-Hellier, Radiant CEO. “We are impressed with the business and believe the team are an excellent fit in helping us provide client-centric advice and outstanding delivery as we look to expand across the North of England.”

Thomas Alldred, Investment Director at Apiary added: “The Radiant management team continue to build a pipeline of high quality IFAs across the UK. We are proud of the expanding Radiant platform and look forward to continuing to support the company’s growth.”