Blacktower Merges with Ritchie Salkeld Company LLP
12/07/11
Blacktower Merges with Ritchie Salkeld Company LLP
On the 27th May 2011, Blacktower acquired Ritchie Salkeld & Company LLP. Ritchie Salkeld has now become the Managing Director of Blacktower Financial Management Limited in the UK and also undertakes the responsibility for Compliance & Money Laundering for the UK Company. Ritchie will be assisting the other members of the Board in running the UK operation and making sure Blacktower are ready and prepared for RDR.
Ritchie and the UK board will continue to report to the Group Managing Director John Westwood
Ritchie has vast experience within Financial Services, having already completed 38 years, during which time he held a number of very senior positions with what are now called product providers. About 27 years ago he was one of the earliest IFA members of NASDIM, who ultimately became FIMBRA, the PIA and then the FSA.
For the past 17 years, he has very successfully run Ritchie Salkeld & Co (now LLP) and brings with him a wealth of experience and very established and loyal clientele.
Ritchie has know Blacktower pretty well since it was first formed and has a close association with the Westwood family and Paula Smith.