Mann's consolidator hires CIO as it prepares for acquisitions

Mann's consolidator hires CIO as it prepares for acquisitions

Peter Mann’s new-entrant consolidator of IFA businesses, Radiant Financial Group, has appointed a chief investment officer as it looks to drive forward its “ambitious growth strategy”.

The business has appointed Minesh Gajjar as CIO to build up Radiant’s investment management arm, bringing in new hires and working with them to develop the proposition.

Gajjar joins from HSBC where he was responsible for the global discretionary portfolio for the past three years.

He also has experience in driving asset growth, conducting investment research, managing and formulating portfolio management solutions and stakeholder management. 

Previously Gajjar has held roles as a director in fund research and investment strategy at Coutts & Co and as a senior investment manager at Nedgroup Investments.

Simon Cogman-Hellier, chief executive officer of Radiant, said: “Not only is Minesh an extremely experienced and knowledgeable individual, he is also innovative and forward-thinking. 

“I am sure he will bring a great deal of value to Radiant as he oversees our investment strategies and ongoing management. 

“His appointment is the latest in a series of exciting hires, and we now have a strong team in place with a clear vision. Together, we look forward to executing our growth strategy over the coming years.”

Radiant Financial Group is led by chairman Peter Mann, the former vice-chairman of Old Mutual and chief executive of Skandia, and CEO Cogman-Hellier, who most recently headed up advice firm Clarkson Wayman Ball Group. 

Last week the firm announced it was launching a dedicated corporate benefits unit, linking up its employee benefits and wellbeing solutions with its IFA services.

This will include financial education for employees and provide advice on areas of corporate benefits such as auto-enrolment, death in service benefits, group pension schemes and income protection. 

The unit, Radiant Corporate Benefits, is headed up by director of corporate benefits David Dolding who joined the group in 2020.
He had previously worked in the consulting practice at Aon.

Dolding will be joined by Simon Juffs who is tasked with spearheading the division’s business development activities. He was previously a senior consultant at Premier Companies UK.

“I believe we have created a unique and highly valuable offering in this space that stands us apart from our peers,” said Dolding.

“I am excited to therefore continue building our team and binging our solutions to more employers.

“Our embedded IFA capability means we are able to engage, educate and most importantly, actively advice on every aspect of an employee’s financial world: their mortgage, their taxes, their investments, their pensions and more.”

Radiant Financial Group launched in November 2020 with three advice firms, CWB, PPS and ReSource Mortgages, and has previously voiced plans to grow both through acquisitions and organically.

At the time of launch it had 20 advisers in its ranks and £800m assets under management. 

Radiant was established with the intention of growing both organically and through the acquisition of IFA businesses.