IFA acquirer Radiant Financial Group has completed its sixth acquisition since late 2020 with the purchase of Midlands-based advice firm TWM Ltd for an undisclosed sum.
The six deals have brought the firm’s total assets under management to over £1bn ($1.17bn, €1.14bn).
Dudley-based TWM Ltd offers a range of financial advice on issues such as pensions, retirement, investment and tax planning.
Apiary Capital-backed Radiant has previously bought Barnstaple-based Irvine Financial Services, Oldham-based Landmark Financial Planning, Henley-in-Arden-based Andrew Gibbs IFA, Perth-based GS Financial Services and Aberdeen-based AMLP Financial Planning since its creation in 2020.
Simon Cogman-Hellier, chief executive of Radiant, said: “We are passionate about client-centric advice and exceptional delivery and are delighted to welcome our six new firms to the Radiant family. Their addition broadens our geographic coverage and increases the breadth of advice and products we offer our clients.”
Thomas Alldred, investment director at Apiary, added: “The Radiant management team have done a great job building momentum in acquiring high quality IFAs across the UK. We are proud of the Radiant platform that Simon and Peter have built and look forward to continuing to support its growth.”