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...

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