Mattioli Woods has reported an increase in both group revenues and profits as the effects of rule changes brought in following the Retail Distribution Review (RDR) boosted its wealth management division.
Much has been made of the declining number of advisers in the market post RDR. Helen Morrissey speaks to Mattioli Woods director Bob Woods about the issue and asks how his firm develops talent within the business.
Mattioli Woods, the pension consultant and wealth manager, has reported increased pre-tax profits of £5.56m, up 9.9%, for the year ended 31 May.
The independent tag is now meaningless and likely to 'wither on the vine', according to one wealth management director.
Pensions consultant and wealth manager Mattioli Woods has bought Thoroughbred Wealth Management (TWM) in a £6m deal.
Fiona Murphy asks what the new paper on platforms could mean for SIPP operators
Retirement Planner's round-up of the top pension stories this week.
Wealth manager Mattioli Woods has acquired the pension administration business of Ashcourt Rowan in a deal which could be worth more than £1.3m.
Underlying profits at Mattioli Woods were up by over a quarter to £2.5m and total client assets rose to £3.2bn in the six months to November last year show.