Mattioli Woods snaps up Cullen Wealth

Companies House filings outline pre-Budget swoop

Isabel Baxter
clock • 2 min read

Wealth manager Mattioli Woods has acquired Cheshire-based Cullen Wealth, Companies House filings suggest.

Companies House filings show that the wealth manager has taken a significant stake of 75% or more in Cullen Wealth's holding company. Cullen Wealth founder and chairman Richard Cullen is no longer a director of the holding company or its subsidiary, according to recent filings. He ceased to have a significant shareholding in the holding company as of 29 October, filings state. Mattioli Woods chief financial officer Ravi Tara and deputy CEO Michael Wright have been appointed as directors for both Cullen Wealth Holdings and its subsidiary Cullen Wealth. The Companies House filings al...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on Companies

Advice tech firm Focus completes management buyout from Abrdn

Advice tech firm Focus completes management buyout from Abrdn

Abrdn remains minority investor

Isabel Baxter
clock 16 December 2024 • 3 min read
Financial planning firm Boosst becomes employee-owned

Financial planning firm Boosst becomes employee-owned

100% of shares transferred to the EOT without imposing any third-party debt

Isabel Baxter
clock 28 October 2024 • 2 min read
Openwork receives minority investment from Bain Capital

Openwork receives minority investment from Bain Capital

Following the network’s hunt for minority investor support in 2023

Isabel Baxter
clock 28 October 2024 • 2 min read