InCap Represents Women-focused, Lumina Financial, in its Sale to Cerity Partners

150 150 Brian Lauzon

BALTIMORE (PRWEB) January 26, 2023 –InCap Group Inc., a premier boutique investment banking firm focused exclusively on the financial services industry, is pleased to have represented Lumina Financial Consultants in its sale to Cerity Partners.

Established in 2012, Lumina Financial Consultants is a woman-owned independent wealth advisory firm focused on serving women in transition, many of whom are taking control of their financial lives after a divorce.

Headquartered in Mill Valley, California, and Richmond, Virginia, Lumina has approximately $150 million in assets under management. Many of Lumina’s clients come through the firm’s sister company which provides divorce financial planning consulting services.

Founded in 2009, Cerity Partners is a nationally recognized financial and wealth advisory firm serving high-net-worth individuals and their families and nonprofit organizations and foundations throughout the U.S. As a fiduciary, the firm’s in-house experts are passionate about and committed to providing objective financial advice and oversight. Cerity Partners manages assets totaling $65 billion.

Lumina’s co-principals, Jeanie Schwarz and Laurie Fried, will both join Cerity Partners as partners and advisors in their respective markets.

Jeanie Schwarz commented, “From our first interaction, it was evident to us that Cerity Partners would be an ideal partner. Our shared values and commitment to supporting women in transition will certainly form the basis of an exciting next chapter for our firm and clients.”

When asked about working with InCap Group Laurie Fried added, “We were very pleased with our decision to hire InCap Group as our investment banker. The InCap team viewed every step of the process as an opportunity to add tangible value and invaluable counsel. To us, that’s the difference between investment banking and consulting. And the result was an outcome that exceeded all of our objectives.”

This deal represents InCap Group’s fifth transaction closed in 2023.

About InCap Group, Inc.

Founded in 2006, InCap Group, Inc. is a leading boutique investment bank focused on M&A in the financial services industry. We have strong expertise in the asset management, wealth management, securities brokerage and related industries. From our offices in New York, Philadelphia and Baltimore, we
provide top-notch strategic advice to clients at the different inflection
points of their life cycle, including M&A advice, divestitures, spinoffs, capital raises, succession plans, recapitalizations, valuations, and other strategic consulting services.

Our team is comprised of investment banking professionals with decades of experience in the industry, and who have successfully completed transactions ranging in size from a few million to several hundred million dollars.

We pride ourselves in offering a consultative approach that fosters long-term relationships rather than short term results. We are single-minded in placing our clients’ best interest first while providing exceptional, unconflicted advice and creating successful, long-lasting relationships.