“Prior to the winding up and as communicated to the clients of the Company by the former directors in correspondence dated 30 September 2016, Advisa Financial Services Limited (“Advisa”) has acquired the Company’s client list.”
Ownership
Lumiere Wealth is majority owned by Providence Global and promoted the Providence Investment Funds PCC, which offered investors returns from a Brazilian financing operation.
The IFA firm has been under investigation by JFSC since August, which is working closely with its Guernsey counterpart and in parallel with US regulators against Providence Global.
Deloitte were appointed administration managers of two Providence funds in August after all of the directors of both companies resigned.
