Ludlow expands North West presence with latest acquisition

Firm's third acquisition this year

clock • 1 min read

National advice firm Ludlow Wealth Management has snapped up Whalley-based Ivan A Hargraeves & Co, in its third acquisition of the year.

The private equity backed consolidator made the purchase with financial backing from Mobeus Equity Partners as part of its goal to acquire £2bn of assets under management. The deal, for an undisclosed amount, follows Ludlow's purchases of Liverpool-based A Letton Percival & Co and another North-West planning business in May. Ludlow, with offices in Southport, Preston, Burnley, Fylde and Liverpool, partnered with Mobeus in 2017 with a view to expanding its presence in the North. The firm currently has £1.4bn of assets under management - up from $850m in 2017. Ludlow chief executi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Tavistock to take fintech focus amid 'significant strategic realignment'

Tavistock to take fintech focus amid 'significant strategic realignment'

Sets out ‘extensive but appropriate’ use of AI

Isabel Baxter
clock 23 December 2025 • 3 min read
Advice AI start-up Avenir to close operations

Advice AI start-up Avenir to close operations

Co-founder Andrea MacDonald will be joining Saturn

Isabel Baxter
clock 23 December 2025 • 2 min read
MWA Financial acquires Midlands advice firm

MWA Financial acquires Midlands advice firm

Snaps up Stonewood Financial Planning

Isabel Baxter
clock 18 December 2025 • 2 min read