Business Details
50+ Years
experience
Your Trusted Partner for Financial Planning Solutions in Huddersfield
Established in 1969, we are a family-run financial planning firm based in Huddersfield, delivering bespoke financial solutions across three generations. As Chartered Financial Planners, we uphold rigorous professional standards, ensuring our clients receive technically robust and ethically grounded advice. Our approach prioritises long-term client relationships, with a focus on pensions, investments, protection, and inheritance tax planning. We combine decades of industry experience with continuous professional development to maintain our technical expertise. Our teams commitment to independent, client-centric service has earned us a trusted reputation in Yorkshire. We actively monitor regulatory changes to safeguard our clients interests, treating each individual as a valued partner rather than a transactional entity.Our in-house model portfolios, launched in 2014, reflect our dedication to diversified, risk-aware investment strategies. With a heritage rooted in traditional financial advice, we adapt our services to meet evolving client needs while maintaining our core philosophy of personalised care. Our Chartered status, awarded by the Personal Financial Society, underscores our adherence to elevated professional benchmarks. We believe financial planning should empower clients to achieve their unique goals, providing clarity and confidence in their financial future.
Services
Pensions
Investments
Protection
Inheritance Tax Planning
Model Portfolios
Income Protection
Mortgage Protection
Shareholder Protection
Key Man Cover
Financial Planning
Details
- Year established: 1969
Highlights and features
- We have over 50 years of experience in financial planning.
- Our team consists of Chartered Financial Planners with rigorous professional standards.
- We offer personalised, independent advice tailored to your needs.
- Holistic approach to managing pensions, investments, and protection.
- Third-generation family business with deep local expertise.
Associations and certifications
- Personal Financial Society
Services
Pensions
We help clients plan for retirement by reviewing existing pension arrangements and setting up new solutions tailored to individual needs. Our services include Personal Pensions, SIPPs, and SSASs, with guidance on tax-efficient withdrawals and phased retirement strategies. As Chartered Financial Planners, we ensure compliance with evolving regulations while prioritising long-term financial security.
Investments
Our investment services focus on diversified, risk-aware strategies across ISAs, Investment Accounts, and Onshore/Offshore Bonds. We manage in-house model portfolios aligned to different risk profiles, regularly reviewing performance against benchmarks. By engaging directly with fund managers, we ensure our clients benefit from informed, dynamic investment decisions tailored to their financial goals.
Protection
We provide financial protection solutions to safeguard clients against unforeseen events like illness, injury, or death. Services include Income Protection, Mortgage Protection, and Key Man Cover, designed to alleviate financial stress during challenging times. Our approach balances comprehensive coverage with affordability, ensuring clients and their families remain financially secure.
Inheritance Tax Planning
We create tax-efficient strategies to reduce inheritance tax liabilities, ensuring beneficiaries receive their rightful inheritance without unnecessary HMRC complications. Our services include structuring trusts, utilising exemptions, and integrating estate planning with broader financial goals. We prioritise clarity and proactive planning to address what many clients find an emotionally challenging topic.
Model Portfolios
Our in-house model portfolios, launched in 2014, offer diversified investment solutions across risk spectrums. Constructed with asset, fund, and geographical allocations, they balance growth potential with volatility management. Regular monitoring and fund manager engagement ensure alignment with client objectives, providing a transparent, strategic approach to long-term wealth accumulation.
People
Michael R. Lumley
Senior Partner & Chartered Financial Planner
With 40 years in financial services, Michael is a Chartered Financial Planner committed to independent advice. A former Huddersfield RUFC captain, he combines sportsmanship with expertise in retirement planning and investment strategy.
Richard S. Baxter
Partner & Chartered Financial Planner
Richard has three decades of experience and co-founded Lumley Baxter LLP in 2008. A former rugby captain and avid racketball player, he specialises in holistic financial planning and client advocacy.
Oliver M. Lumley
Partner, Chartered Financial Planner & Investment Analyst
Oliver, a Chartered Financial Planner, joined the firm in 2021 after working in Londons fund management sector. He focuses on investment analysis and client portfolios, combining technical expertise with a passion for client engagement.
Adele Bestwick
Chartered Financial Planner
Adele has over 25 years of experience and became a Fellow of the Personal Financial Society in 2012. She specialises in long-term financial planning, bringing a client-first approach to retirement and tax-efficient strategies.
Richard S. Waters
Independent Financial Planner
Richard has spent his career in financial services, joining Lumley Baxter in 2012. He focuses on comprehensive financial planning, leveraging his expertise in regulatory compliance and client relationship management.
Questions
What services do you offer?
We specialise in pensions, investments, protection, inheritance tax planning, and model portfolio management tailored to individual client needs.
How do you personalise financial advice?
We conduct detailed assessments of clients' financial goals, risk tolerance, and life circumstances to create bespoke strategies.
What experience do your advisers have?
Our team includes Chartered Financial Planners with over 50 combined years of experience in financial services and investment management.
How does being Chartered benefit clients?
Chartered status ensures adherence to rigorous professional standards, guaranteeing technically sound, ethically grounded advice.
