Lumin Wealth reveals consolidator ambitions with first acquisition

'Template for further acquisitions'

Hannah Godfrey
clock
“We represent a strong alternative to the national consolidators for advisers who want to retain a more personal involvement and entrust their clients to a high service proposition” - Lumin Wealth's Martin Cotter
Image:

“We represent a strong alternative to the national consolidators for advisers who want to retain a more personal involvement and entrust their clients to a high service proposition” - Lumin Wealth's Martin Cotter

Lumin Wealth Management is set to acquire Bedfordshire-based Hyperion Financial Planning, which would represent the financial adviser's first acquisition.

The deal, which is set to complete on 8 April, would bring in £85m of client funds under advice. Hyperion FP director and shareholder Michael Barnett will be one of two advisers moving to London and...

To continue reading this article...

Join Professional Adviser

 

  • 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.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Image: PFS president Sarah Lord.

CII and PFS urge members to respond to consultation

'Help everyone enhance their career potential'

clock 07 December 2021 • 2 min read
Sarah Lord: "Take this opportunity and be sure to share your views before the consultation closes on 17 December."

Sarah Lord: Building a strong, sustainable and profitable profession

Vision for profession

clock 06 December 2021 • 3 min read
Gillian Hepburn, director of intermediary solutions at Schroders

Advisers should not ignore younger generations - Schroders

PA Working Lunch webinar

clock 03 December 2021 • 2 min read