Stay updated with breaking news from Vz group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 since March 2007. Lumin was set up by Martin Cotter and John Cusins and manages over £600m in assets under management with over 40 employees. The wealth firm currently has offices in St Albans and London, but managing director Cotter said that it will look to “expand regionally over time”. ....