Lumin Wealth is pleased to announce that it has acquired B W Financial Consultants Ltd, a financial advice firm based in Penn, Buckinghamshire.
The purchase will add around £95 million of assets under management to the Lumin VZ Group, and is the eighth acquisition since 2019.
Lumin Wealth is a financial advice and discretionary fund manager firm, with offices in St. Albans, London and Cambridge. The acquisition builds on Lumin’s strategy of partnering with like-minded advisers who share the same high standards and commitment to client-centric solutions.
Lumin provides a long-term and stable home for advisers and their clients who are looking for an alternative to the many private equity solutions in the marketplace.
Martin Cotter, Managing Director of the Lumin VZ Group, said: “We are delighted to welcome Jeremy Blakeley and his team to Lumin. Jeremy is a highly experienced financial planner and has built a very successful business during his long career in the industry.
“Jeremy’s expertise and commitment to providing clients with high-quality personalised financial advice aligns perfectly with our values. We look forward to supporting him and his clients as we welcome them to the Lumin VZ Group.”
Jeremy Blakeley DipPFS, Director at B W Financial Consultants, commented: “I am very pleased to be joining forces with Lumin. This partnership will enable us to leverage their extensive resources and technology, allowing us to enhance our service offerings.
“Being part of a larger organisation will provide myself and my team with a wide network of support to ensure that we are delivering the best possible advice to our clients amid an increasingly complex regulatory environment. This move underscores our dedication to providing unmatched services and creating lasting value for our clients.”
Gunner & Co. specialise in IFA sales, IFA business sales, retiring IFAs and IFA client bank sales
To discuss the M&A market, exit strategies and how to build value in your business, book a 45 minute confidential phone call with Managing Director Louise Jeffreys here.