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Mattioli Woods

Ian Mattioli, chief executive of wealth management and SIPPs business Mattioli Woods, has waived his salary until at least 30 June and board directors have reduced their fees to 50%.

Cost cutting helped SIPP provider Mattioli Woods maintain modest profit growth over the past 12 months in the face of market challenges and a dip in revenue.
Mattioli Woods group managing director Murray Smith is to stand down, the firm has revealed today.
Mattioli Woods to expand SIPPs availability in Northern Ireland with £4m acquistion of Belfast-based SSAS Solutions.
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.  
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