Mattioli Woods eyes further acquisitions

Client fees reduced by £3.1m

Wealth management firm Mattioli Woods has said it is assessing a "diverse pipeline of acquisition opportunities" to drive growth at the firm.

In its annual results published on Tuesday (3 September), the firm, which also has advice and self-invested pensions arms, said the recent acquisitions of advice firm Broughtons and Belfast-based SSAS Solutions had been a success. The firm revealed plans to seek to build on its record of "successful acquisitions by continuing to assess a diverse pipeline of potential acquisition opportunities" to accelerate its growth. Mattioli Woods expands into Northern Ireland with advice firm purchase Elsewhere, the results revealed the firm held total client assets of £9.38bn, up from £8.73bn ...