Lumin Wealth expands in London with Gresham Financial Strategies acquisition
- Simon Bourke
- Apr 16
- 2 min read
Updated: May 5
16th April 2026
Deal summary
Lumin Wealth has acquired Gresham Financial Strategies, a London-based financial advice firm, in a deal that adds more than £140 million of assets under management and takes Lumin’s total to more than £1.5 billion. Financial terms were not disclosed. The deal is part of Lumin’s ongoing strategy of expanding through targeted partnerships with firms that fit its culture and long-term growth plans, while also strengthening its presence in London and the South East.
The transaction is Lumin’s eleventh acquisition since 2019. Gresham staff are due to join Lumin’s London office following completion.
About Lumin Wealth
Lumin Wealth is a St Albans-headquartered financial advice and discretionary fund management firm with offices in London, Reading, Bishop's Stortford, Beaconsfield and Dorset. Since 2021, the business has operated as part of VZ Holding AG, Switzerland's largest independent financial adviser, which holds a majority stake in Lumin.
About Gresham Financial Strategies
Gresham Financial Strategies is a London-based financial planning firm advising across pensions, savings and investments, protection, mortgages, wills and long-term care. Its director, David Turner, has confirmed that members of the team will transfer to Lumin as part of the acquisition.
What happens next?
Gresham's employees will integrate into Lumin's existing London office. David Turner said that Lumin's "long-term vision and focus on building a strong, truly client-focused business" gave the Gresham team confidence in the outcome for clients.
Lumin Wealth's Other Recent Acquisitions
Mortgage division of RBS Associates – March 2025
Lumin acquired the mortgage arm of RBS Associates, bringing RBS partner Mark Spurling and two colleagues into the Davidson Deem mortgage team. The deal extended Lumin's mortgage capability, which it had initially added through its tie-up with Davidson Deem in June 2023.
Professional Financial Centre (Thames Valley) Ltd – February 2025
Lumin's ninth acquisition brought in a Berkshire-based financial planning firm, adding approximately £50 million in AUM and establishing a presence in the Thames Valley region.
BW Financial Consultants – November 2023
Lumin acquired Penn, Buckinghamshire-based BW Financial Consultants in its eighth deal, adding £95 million in AUM at a point when the group had recently passed the £1 billion AUM milestone.
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