Lumin Wealth adds £50m in AUM with latest acquisition deal

Bought Reading-based Professional Financial Centre

Jenna Brown
clock • 1 min read

Lumin Wealth has acquired Reading-based Professional Financial Centre (PFC) in a deal that adds £50m in assets under management (AUM).

Lumin Wealth, an advisory and discretionary fund manager, said the PFC deal was its ninth since 2019. The deal was brokered by Bristol-based Gunner & Co. Lumin VZ Group managing director Martin Cotter said: "We are delighted to welcome PFC to Lumin. Directors Kirsten Dalton and Jeremy White are highly competent Chartered financial planners with a combined 50 years' of experience in the industry. "PFC shares the same focus on providing independent and high-quality personalised financial advice." PFC managing director Kirsten Dalton added: "This move ensures that our clients can be e...

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

What do younger clients really want from their adviser?

What do younger clients really want from their adviser?

'They're going to need all the help they can get'

Justin Cash
clock 21 October 2026 • 5 min read
CII and PFS celebrate more than 300 chartered graduates

CII and PFS celebrate more than 300 chartered graduates

347 graduate from CII and PFS

Sophia Panayi
clock 21 October 2026 • 2 min read
True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

Short-term policy decisions ‘disturb’ advice landscape

Sophia Panayi
clock 20 October 2026 • 2 min read