Ludlow Wealth Management has acquired Merseyside [Newton-le-Willows] based DT Lord (Financial Management) Ltd adding to the group’s significant growth across the region.
Managing director, Sid Ludlow, said: “This is another notable deal for us. Not only does the acquisition add to the company’s current portfolio of private clients, business owners and professional advisors but it also brings with it a specialist private medical insurance division for both the corporate and private sector which trades as Healthcare Intermediaries.”
David Lord, managing director of DT Lord, added: “I am excited about this move as it leaves DT Lord fully functional but with the added support of a much larger organisation. I am confident that going forward the contacts and specific skills of Ludlow will provide added value by offering a comprehensive range of investment services. DT Lord’s clients can be assured of a broad, more specialist range of financial services.”
DT Lord (Financial Management) Ltd has been based in Newton-Le-Willows since January 1999, specialising in retirement planning for corporate and individual clients, together with investment and protection advice; they also run a specialist Healthcare division.
Operating from four locations, Blackburn, Lytham, Longridge and its Head Office in Southport, this deal means that Ludlow will now mange funds valued in excess of £280 million on behalf of their clients.