Mattioli Woods plans further expansion as revenues rise 25%

Jenna Towler
clock

Revenue at wealth manager and employee benefits business Mattioli Woods grew by a quarter in the past 12 months, latest figures show.

The business said its discretionary assets under management were up £750m while total client assets hit £4.63bn, up 27% on the previous year. It also said it planned further investment in technology and was well positioned for further expansion. Executive chairman Bob Woods (pictured) said: “There has been much hard work during the period, hallmarked by the recent ‘Mattioli Woods’ rebrand of Kudos Financial Services and Atkinson Bolton Consulting. “This integration has brought additional scale and broadened the group’s range of products and services.” Woods also commented on Geor...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth Management

Wealth management heavyweights join KKR's Global Wealth Investment Council

Wealth management heavyweights join KKR's Global Wealth Investment Council

Newly formed forum

Valeria Martinez
clock 25 March 2024 • 1 min read
M&G Wealth Platform to host full MPS range from 7IM

M&G Wealth Platform to host full MPS range from 7IM

Expands accessibility for advisers

Sahar Nazir
clock 19 February 2024 • 1 min read
Redington head of global assets Gillespie: Do you trust your DFM?

Redington head of global assets Gillespie: Do you trust your DFM?

Five key questions to ask

Tara Gillespie
clock 31 January 2024 • 4 min read
Trustpilot