Acquisition

The industry has reacted positively to the acquisition, which has been in the making since November

ii CEO Richard Wilson will move across to abrdn and continue to lead the platform

Surpassed £10bn

Brings total AUM to £530bn

Deal for investment platform reported to be worth £1.5bn

$587bn AUM

Approaches compulsory acquisition threshold

Mattioli Woods has completed the acquisition of Ludlow Wealth Management, subject to regulatory approval, after extending the long stop date of the share price agreement by a month on 1 September.

John Leiper remains as CIO

Payment in three instalments