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...

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