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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”. ....
UK wealth firm buys Hertfordshire advice company international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.
Lumin Wealth adds £75m AUM with third adviser acquistion professionaladviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaladviser.com Daily Mail and Mail on Sunday newspapers.
Lumin Wealth buys Hertfordshire-based financial advice firm investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.
Irish tech stars John Collison and Des Traynor share more than just setting up two massive companies they also share a passion for educating the next generation. Two years ago, Collison, who helped co-found online payment company Stripe with his brother Patrick, attended a dinner with Intercom co-founder Traynor and Stephen Kinsella, associate professor of economics at the University of Limerick. The three of them struck up a conversation about educating the next generation of technology students. “We were talking about how you could do a better job of software engineering,” said Collison. “The core idea we discussed there was the idea behind this course. It’s software engineering you have to learn the fundamentals, but fundamentally it’s something you learn by doing.” ....