Chartered accountancy, business advisory and financial planning group PM+M has acquired advice firm Ribble Valley Mortgages for an undisclosed sum.
This deal will see Mark Chadwick (pictured, middle left), founder of Ribble Valley Mortgages, become a director within PM+M’s financial planning team. Chadwick has worked in the mortgage sector since the mid-2000s.
Ribble Valley Mortgages was established in 2019 and has grown its client base to 500. It advises on mortgages and protection for first-time buyers, homemovers and buy-to-let (BTL) landlords.
The advice firm will operate as normal following its buyout from PM+M, ensuring a “seamless transition” for its clients, Ribble Valley Mortgages said.
Chadwick said: “I’ve had the pleasure of working with PM+M for several years and have always been impressed by their commitment to delivering outstanding service and results for their clients.
“I’m excited to now join the team and help expand this new in-house mortgage service, contributing to the ongoing growth and success of the business.”
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PM+M said it made the “strategic decision” to acquire the advice firm to “complement and add immense value” to its existing financial planning services, which include pensions, investments, lifetime cash flow planning, personal and business protection, court of protection service and inheritance tax planning.
The firm already works with individuals and businesses, and said the acquisition would allow it to build on the technical and holistic advice it gave to its clients while becoming a “go-to” for financial planning and mortgage advice.
James McIntyre (pictured, right), partner in the financial planning team, said: “We are delighted that Mark has joined us. He is one of the region’s most respected mortgage experts, so I know he will continue to do what he does best – which is helping clients circumnavigate the complexities of the mortgage market.”
Antony Keen (pictured, left), partner in the financial planning team, added: “We share a passion for exemplary service and care, so the fit could not be better. Moving forward, I am excited to see how the team develops and integrates into the wider firm.”
