Lumin Wealth reveals consolidator ambitions with first acquisition

'Template for further acquisitions'

Hannah Godfrey
clock • 1 min read

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 Hertfordshire-based Lumin Wealth, alongside a senior paraplanner. Lumin Wealth managing director Martin Cotter said the move would provide a template for further acquisitions, adding: "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." Quilter to buy 400 adv...

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 Your profession

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read