Ludlow acquires Blackburn IFA as expansion plans forge ahead

North West based Ludlow has announced the acquisition of Martin Blackie Financial Services in Blackburn.

The news comes just weeks after merging with Chris Dewhurst Financial Planning in Longridge, further cementing Ludlow’s confidence in its ability to provide expert independent financial advice across a diverse portfolio of private and corporate clients.

Martin Blackie Financial Services has been a sole trader of long standing in Blackburn having been based in the town for 20 years. The business currently has over 100 private clients.

Aged 64, Martin Blackie had not long been looking towards a retirement strategy and, in a deal that took just one month to agree, remains with the company for the next few months to help integrate his client base with Ludlow.

Ludlow senior financial planning consultant Steve Bayes, who lives and works out of Blackburn, will be heading up the new operation, being responsible for maintaining the strong client relationships built up by Martin.

Sid Ludlow, managing director of Ludlow said: “Martin had carefully researched his options and was impressed with our client service proposition and commitment. We have a very solid integration strategy, this being the third company to have recently become part of the Ludlow brand. We are delighted with this move into Blackburn which comes hot on the heels of our Longridge deal.”

Ludlow, which currently operates from its head office in Southport, has regional offices in Lytham St Anne’s and Longridge.

The company is amongst the top 150 Financial Advisor Groups in the UK and is directly regulated and authorised by the FSA. It provides a truly independent financial consultancy to over 1500 private clients across the region; being entrusted to manage more than £160 million of their funds.

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