Mattioli Woods, the wealth manager and SIPP firm, has made 18 staff redundant from a workforce of 622 as it pushes through “operational efficiencies” following a period of rapid expansion and acquisition.
Mattioli Woods, the wealth management and SIPP provider, has reported full year revenue up 16.2% to £58.7m with pre-tax profit rising by 27.3% to £9.8m compared to 2017.
Mattioli Woods is to cease providing pension transfer advice to individuals with safeguarded benefits and is now undertaking a full review.
SIPP provider and wealth manager Mattioli Woods has today reported interim revenue up 16.9% to £28.4m (H1.2017: £24.3m) in the six month period ended 30 November 2017.
SIPP provider and wealth manager Mattioli Woods has welcomed a decision which could pave the way for compensation pay-outs to investors who used a failed SIPP firm.
Mattioli Woods, the wealth management, SIPPs and employee benefits business, has build up a substantiall cash pile of £23m which it may use to fund further acquisitions, is says.
SIPP specialist and wealth manager Mattioli Woods has slimmed down its board in an overhaul that will see two directors step down.
Sipps specialist and wealth manager Mattioli Woods has announced a deal to buy specialist fund manager Amati Global Investors Limited from Amati Global Partners LLP for £3.33m.
Mattioli Woods has shaken hands on a new five-year deal with BNY Mellon’s Pershing to help safeguard client investments.
About £100m worth of Stadia Sipps schemes will be wound down after Mattioli Woods was appointed to administer the process.
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