Mattioli Woods

Mattioli Woods is a provider of wealth management and employee benefit services with multiple offices throughout the UK, including; Aberdeen, Belfast, Birmingham, Edinburgh, Glasgow, Leatherhead, Leicester, Manchester and Newmarket. The company is listed on the London Stock Exchange and is a constituent of the Alternative Investment Market.

Mattioli Woods

Company type	Public (LSE: MTW)
Industry	Financial services
Founded	1991
Headquarters	1 New Walk Place, Leicester , UK
Number of locations	Aberdeen, Belfast, Birmingham, Edinburgh, Glasgow, Leatherhead, Leicester, Manchester and Newmarket.
Area served	UK
Key people	Ian Mattioli MBE (CEO) Bob Woods MBE (Founder Director and Senior Adviser)
Services	Wealth management, employee benefits, pension consultancy and administration and fund management
Revenue	£111.2 million (2023)
Net income	£33.2 million (2023)
Number of employees	Over 900
Subsidiaries	Custodian Capital Custodian Property Income REIT plc Maven Capital Partners UK LLP
Website	www.mattioliwoods.com

History

Mattioli Woods was founded in 1991 by Ian Mattioli and Bob Woods^[1] before floating on the London Stock Exchange's Alternative Investment Market in 2005 with a market capitalisation of £22.5 million. The Group administers more than 11,000 clients throughout the United Kingdom and holds over £15 billion of assets under management, administration and advice.^[2]

The company has increased through a blend of natural growth and acquisitions of companies including Hurley Partners, Broughton Financial Planning, Maven Capital Partners UK LLP and Ludlow Wealth Management Group Ltd. ^[3]

Mattioli Woods has several partnerships and sponsorships with organisations including AAT, Rugby League Cares, Family Business United, Rothley10k and Paralympian Sammi Kinghorn. In the summer of 2016 they joined forces with Leicester Tigers, the most successful English rugby union club since the inception of league rugby in 1987, to becoming an official sponsor of their shirt and stand. ^[4] In October 2020 this sponsorship expanded to include naming rights to their stadium which is now known as Mattioli Woods Welford Road.^[5] The 2021/22 season has also seen them become sponsors of the training kit.

Both Ian Mattioli and Bob Woods were presented with MBEs in May 2017 by Charles, Prince of Wales^[6] in an investiture ceremony at Buckingham Palace, in recognition of their “services to business and the community”.^[7]

On March 8, 2024 it was announced that Pollen Street Capital, a private equity investor, would take over Mattioli Woods for £432 million ($553 million).^[8][9]The takeover would take Mattioli Woods private.^[1] As of 2024, Mattioli has over 20,000 clients.^[1]

Acquisitions and partnerships

In 2019 Mattioli Woods partnered with Alzheimer’s Research UK for a 2.5 year partnership to raise money for dementia research.^[10]

In 2020, Mattioli Woods acquired Hurley Partners, an asset manager, for £25.6 million.^[11][12]

In April 2021, Mattioli Woods acquired Caledonia Asset Management for £1.6 million.^[13] In the same year, Mattioli Woods acquired Maven Capital Partners^[14][15] and Ludlow Wealth Management.^[16]

In September 2023, Mattioli Woods along with Ludlow Wealth Management acquired Opus Wealth Management, a company from Blackpool.^[17]

In January 2024, Mattioli Woods partnered with T. Rowe Price for an income model portfolio.^[18][19]

References

1. "PE firm snaps up Mattioli Woods in £432mn deal". www.ftadviser.com. Retrieved 2024-03-13.
2. "Mattioli Woods PLC, MTW:LSE profile - FT.com". Mattioli Woods plc. Retrieved 30 June 2021.
3. "Our History - Mattioli Woods plc". Mattioli Woods plc. Retrieved 17 March 2017.
4. "Tigers join forces with Mattioli Woods". Leicester Tigers. Retrieved 2019-01-15.
5. "Mattioli Woods invest in Tigers with new five-year deal". Leicester Tigers. Retrieved 2021-03-08.
6. "Royal seal of approval as Ian and Bob receive MBEs from Prince of Wales - Mattioli Woods plc". www.mattioliwoods.com. Retrieved 2019-01-15.
7. "East Midlands business leaders recognised in New Year's Honours List | TheBusinessDesk.com". East Midlands. 2016-12-31. Retrieved 2019-01-15.
8. "Mattioli Woods Agrees to $553 Million Takeover Offer From Pollen Street Capital". MarketWatch. Retrieved 2024-03-13.
9. "Private Wealth Goes Private". Bloomberg.com. 2024-03-08. Retrieved 2024-03-13.
10. "Mattioli Woods close partnership with Alzheimer's Research UK raising an incredible £144,747 for dementia research". Alzheimer's Research UK. Retrieved 2024-02-29.
11. "Mattioli Woods acquires Hurley Partners in £25.6m deal". www.ftadviser.com. Retrieved 2024-02-29.
12. "UK wealth manager Mattioli Woods completes acquisition of Hurley Partners". www.spglobal.com. Retrieved 2024-02-29.
13. Lobo, Dylan (19 April 2021). "Mattioli Woods buys Edinburgh's Caledonia AM for £1.6m". citywire.com. Retrieved 2024-02-26.
14. "Mattioli Woods on hunt for more acquisitions". www.ftadviser.com. Retrieved 2024-02-26.
15. "Mattioli Woods plc to acquire Birmingham-based Maven Capital Partners". The Business Magazine. 2021-05-27. Retrieved 2024-02-26.
16. Houghton, Tom (2021-09-06). "Wealth management giant's 'delight' as it buys Merseyside firm". Business Live. Retrieved 2024-02-26.
17. Brusnahan, Patrick (2023-09-18). "Mattioli Woods snaps up Opus Wealth Management". Private Banker International. Retrieved 2024-02-26.
18. "Mattioli Woods partners with T Rowe Price for income model portfolio". www.ftadviser.com. Retrieved 2024-02-29.
19. Bybel, Olivia (15 January 2024). "Mattioli Woods joins forces with T Rowe for income model portfolio". Citywire. Retrieved 2024-02-29.

External links

• Official website