Mattioli Woods, the specialist wealth and asset management business, and the Kingswood Group, a wealth and investment management firm, have agreed to merge.
The announcement marks a significant milestone in the firms’ shared ambition to deepen client relationships, grow their talent base, and enhance their service and product offerings.
The combined group will be a leading force in the UK wealth and savings market, serving over 25,000 clients with £25 billion in assets under administration and advice (AUAA). It brings enhanced capabilities across wealth planning, investment management, and client service.
Ian Mattioli, MBE DL, CEO and founder of Leicester-based Mattioli Woods Group, said: “Our stated long-term ambition is to become a national wealth management firm with £60bn in assets and up to 300 advisers. Combining with Kingswood is a transformational moment and sees us accelerate our journey to achieve these goals.
“This deal brings together two highly complementary businesses with a shared commitment to putting clients first and delivering long-term value. We’ve admired Kingswood’s growth and reputation for some time. Together, we are creating a stronger, more dynamic business that is well-positioned for the future – for our clients and our people.”
Peter Coleman, CEO of Kingswood Group, said: “The combined business will accelerate our journey towards achieving our vision of having the scale to deliver a best-in-class wealth management service to our clients. This is supported by our market leading DFM and IBOSS brands.
“I am excited to combine with Mattioli Woods, who have a strong reputation of delivering broader services including group benefits and deep expertise in specialist pensions.”
