Lumin Wealth hopes to acquire 'at least two' firms in 2020

Following recent acquisitions

Sophie King
clock • 1 min read

Hertfordshire and London-based adviser firm Lumin Wealth has said it hopes to buy at least two more firms this year, following on from its most recent acquisition.

Lumin Wealth managing director John Cusins told Professional Adviser he would like the firm to acquire another two firms in 2020.  "We completed Everett MacLeod pretty much the first day of January, but we exchanged contracts before Christmas so in our minds we acquired two firms last year," he said. "And I think we would like to see us acquiring a minimum of two firms this year." On Monday (6 January) Lumin acquired London-based independent planning firm Everett MacLeod marking the consolidator's second acquisition. Lumin said it will continue to pursue further acquisitions in 2020 w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Experienced financial planner launches own firm

Experienced financial planner launches own firm

Set up through the ValidPath network

Isabel Baxter
clock 20 December 2024 • 4 min read
FSCS receives information to progress with Tenet claims

FSCS receives information to progress with Tenet claims

Expects to open online portal in early 2025

Isabel Baxter
clock 19 December 2024 • 2 min read
Titan Wealth secures IWP deal

Titan Wealth secures IWP deal

Brings Titan Wealth’s AUM to approximately £35bn

Isabel Baxter
clock 18 December 2024 • 2 min read