Bright Financial accelerates IFA acquisition drive

The company has expanded its business after acquiring Harrogate-based IFA Glencarin Financial Management. The acquisition is Bright's 23rd since 2004 and director Ian Craddock says it anticipates completing at least a further six deals before the end of the year. Craddock says the market is well positioned for consolidation and says Bright is able to provide IFAs who are looking to sell their business with a "reliable well-funded exit strategy". "To ensure ongoing regulatory demands do not hamper our scalability, we outsource key compliance functions to support provider threesixty," ...