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Lumin Wealth has acquired Enhance Wealth Management – a Hertfordshire-based financial advice firm. The purchase brings Lumin group assets under management to around £800m.
Deal brings group AuM to £800m
Financial advice and discretionary fund management firm Lumin Wealth, based in St Albans and London, has acquired Hertfordshire-based financial advice firm Enhance Wealth Management.
Swiss firm targets UK expansion with 50% stake in Lumin Wealth VZ Group aims to gain ‘strategic foothold’ in the UK financial advice sector Swiss financial services provider VZ Group has acquired a 50.1% stake in financial advice company Lumin Wealth to gain a “strategic foothold” in the UK financial advice sector. VZ Group said there were “similarities” between the Britain and Switzerland in terms of the savings market. VZ is a Swiss financial services provider headquartered in Zug. Founded by Matthias Reinhart, who holds a majority stake, VZ has been listed on the Swiss Exchange...