David Copland, business development director and a founding member of Pivotal Growth, is to retire after helping build the consolidator into a network of 24 firms with more than 550 advisers.

Copland (pictured) has been closely involved in the business since its launch in 2021, playing a central role in recruiting broker-dealer firms and supporting its expansion across the intermediary market.

He brings decades of experience in the mortgage sector, having previously served as chief executive of Pink Home Loans, director of mortgage services at LSL Property Services and director at TMA.

His departure marks the end of a career that has spanned distribution, network leadership and lender relationships.

Pivotal Growth, part of Pollen Street Capital, has positioned itself as a consolidator in the mortgage and protection advice space, backing established advice businesses while allowing them to retain their brands and management teams.

Mayank Prakash, group chief executive of Pivotal Growth, said: “David has been instrumental in laying the foundation for the success of Pivotal Growth.

“Pivotal’s growth into the UK’s leading mortgage and protection consolidator is a fitting legacy to David’s extensive career in the industry.

“My colleagues and I wish David a long, healthy and happy retirement.”

Copland added: “I’ve enjoyed working on the Pivotal project and collaborating with outstanding business owners who have driven significant organic growth.

“My best wishes go out to the team at Pivotal and I will be keenly watching them add more business and continue to grow the business.”