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

The Penny Group takes majority stake in £350m AUM advice firm

The Penny Group takes majority stake in £350m AUM advice firm

Will integrate with Harridge Financial Services over a three-year timeframe

Isabel Baxter
clock 21 November 2025 • 2 min read
Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Interim results for the six months to 30 September

Jenna Brown
clock 18 November 2025 • 2 min read
FSCS deposit protection limit to rise to £120,000

FSCS deposit protection limit to rise to £120,000

Up from current limit of £85,00 following PRA announcement

Isabel Baxter
clock 18 November 2025 • 2 min read