Colin Dickie, who is also an actuary and an industry expert in structured products, becomes a non-executive director.
Sid Ludlow, chief executive at Ludlow, said: "Colin is a welcome addition to our business – he has a wealth of expertise to bring to Ludlow and he'll help us to continue to innovate while maintaining our drive to implement the business' purpose and vision which is to deliver outstanding financial advice."
Mr Ludlow cited Mr Dickie's advanced understanding of the key issues affecting retail financial services particularly with regard to product and distribution as a reason he was keen to bring him on board.
Mr Dickie was until recently UK head of the investor solutions team at Barclays Investment Bank, which distributed structured products into the retail and high net worth market segments.
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Mr Ludlow said: "Colin is well known to Ludlow as we have worked in partnership with him for some time and his knowledge and expertise will not only be of great benefit to the business but more importantly in our dealings with clients and professional contacts."
Mr Dickie said: "Ludlow is a first class adviser firm. It is an organisation where everyone is working as a team and pulling in the same direction, while putting the client at the centre of everything it does.
"I've known the team for a long time and liked the way they do business. This is a great opportunity to work with a growing and well respected adviser business and to help the management team achieve their purpose and vision."
North West-based Ludlow manages over £550million of client assets. The wealth management business also employs 46 people across its five locations in the North West.