SOURCE: Luminus Financial

Luminus Financial

December 01, 2014 08:00 ET

Luminus Financial Announces New Partnership With CWP Financial to Enhance Mutual Fund Services

TORONTO, ON--(Marketwired - December 01, 2014) - Luminus Financial is pleased to announce its partnership with CWP Financial Services Inc. ("CWP Financial"), an affiliate of Sun Life Financial Investment Services (Canada) Inc. ("Sun Life"). As one of Luminus' key partners, CWP Financial will provide a full suite of customizable financial planning tools for our members, including wealth management, tax planning, insurance solutions, and group benefit solutions for corporations ‎and their employees.

"I would like to welcome CWP Financial to the Luminus family. I look forward to working with our new licensed investment partner to continue providing a first-rate service experience for our member-owners," commented George De La Rosa, CEO of Luminus Financial Inc. "The feedback we have received from members already working with CWP Financial has been outstanding. I strongly believe CWP Financial, led by Chris Poole, will bring immediate improvements to Luminus' wealth management services."

CWP Financial specializes in business and personal financial services. With a focus on asset protection and risk management strategies, CWP Financial develops and manages customized investment portfolios and provides estate and financial planning services to those they serve.‎ As a licensed affiliate of Sun Life, CWP Financial supports life, health and disability insurance solutions as well. For our business members, CWP Financial has a division of their business focused on developing and managing dynamic group benefit and group retirement programs for employees.

Luminus Financial has initiated the process of transferring its members' Advisor of Record to CWP Financial and expects to complete the transition by the end of 2014.

"Until December 19, 2014, we are available to meet members at their home or office to help them with the transition process," said Chris Poole, Advisor and Managing Partner of CWP Financial. "The team at Luminus has been the key factor in making this switch easy and seamless. I look forward to working with this bright group of financial professionals and am excited to continue connecting with Luminus' members."

About Luminus Financial
Luminus Financial (formerly Starnews), an Ontario credit union, was founded in 1951. Headquartered in Toronto, Canada, Luminus provides banking products and services, including business and personal banking, loans, investment products and insurance to over 3,500 members. 

Renamed in 2011, Luminus is the designated credit union for employees of Toronto Star, Metroland, Air Canada, Globe and Mail, and Metro. In 2013, Luminus partnered with BDO Unibank Inc. in the Philippines to launch the credit union's "Remit Now, Pay Later" campaign, which features low-cost remittance programs to facilitate a cost-effective way for members of the Filipino community in Canada to send funds to their family and loved ones still living in the Philippines.

Members of Luminus are also owners of the credit union. At Luminus, member-owners have access to financial services at the least possible cost. Additionally, Luminus' profits are shared with its members in the form of bonus interest on deposits and interest rebates on loans and mortgages.

More information on Luminus Financial is available at www.luminusfinancial.com.

Contact Information

  • Contact Info
    George De La Rosa
    Chief Executive Officer
    Telephone: 416.366.5534
    Toll Free: 1.877.782.7639 
    Fax: 647.827.1065
    inquiries@luminusfinancial.com