Ludlow's website
Ludlow Wealth Management Group has announced it is aiming to double its funds under management to £1bn within five years.
Liverpool-based Ludlow has aspirations for further expansion in 2014 as it aims to acquire more wealth management businesses.
The firm, which celebrates its 21st anniversary later this year, employs 42 people and aims to expand its staff numbers this year.
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Ian Hemingway, managing director of Ludlow, said: "The wealth management profession has changed significantly over the past three years and this has presented us with opportunities which we've seized.
"We completed six acquisitions in the past 18 months and have entered into two strategic joint ventures which have given us a very solid platform for further growth and we'll continue with this strategy.
"A further objective is to increase the amount of funds under management from £550 million to £1bn as this enhances our ability to negotiate the best terms for our clients."
Last year Ludlow added a new office in Liverpool to add to its other offices in Preston, Lytham, Blackburn and the firm's head office in Southport.
Mr Hemingway added: "The future is looking very promising for the business."
