St Albans-based Lumin Wealth Management has bought London Financial Planner Everett MacLeod for an undisclosed sum.

Lumin is seeking further takeovers in 2020 after the deal, its second acquisition.

Everett MacLeod is run by managing director and Lifestyle Financial Planner Mike MacLeod CFP FCSI who has appeared on TV and radio talking about Financial Planning. He will stay with the business and continue to look after clients.

Everett MacLeod describes itself as a boutique Financial Planning consultancy established in London in 1997.  

Mr MacLeod, a Chartered Wealth Manager, has trained in Values-Based Financial Planning in San Diego, California over a number of years.

Lumin Wealth managing director Martin Cotter said: “Everett Macleod marks Lumin Wealth’s second acquisition and we are delighted to welcome Mike MacLeod to our team.

“By joining Lumin, Mike can continue to be an exceptional financial adviser, supported by enhanced resources and infrastructure allowing him to do what he does best - advising and building relationships with clients.

“We will continue to pursue further acquisitions in 2020 with businesses who align with our core principles and values and are already being approached by firms who are looking for a partnership which will allow their business to grow. “

Mr MacLeod, said: “Having been a director of Everett Macleod Limited for over 22 years, I am delighted to have found the perfect partner firm to assist me in taking our clients on the next stage of their journey.”