Radiant Financial Group, the consolidator of IFA firms, has entered the Scottish market after acquiring two independent financial advisor businesses, adding over £300 million to the group’s assets under advisement.

This week, Radiant Financial Group acquired Perth-based IFA, GS Financial Services, which has £157 million ($181 million) in assets under administration.

The group has also acquired Aberdeen-based AMLP Financial Planning, which has £156 million in AUA , the firm said in a statement.

Radiant said it 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 can 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.

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

Radiant stressed that it is continuing 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 rather 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.

Welcoming the move, Angus Mackintosh, director of AMLP Financial Planning, said: “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.”

Cogman-Hellier added: “We believe they are an excellent fit in helping us provide client-centric advice and exceptional delivery as we look to expand across Scotland.”